This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If ATC> P, then a profit-maximizing, monopolistically competitive firms earns ________ economic profits. (Read 76 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Apr 19, 2019

Question 1

If 
P > 
ATC, then a profit-maximizing, monopolistically competitive firm earns ________ economic profits.


◦ positive
◦ negative
◦ zero
◦ either positive or negative

Question 2

If 
ATC > 
P, then a profit-maximizing, monopolistically competitive firms earns ________ economic profits.


◦ positive
◦ negative
◦ zero
◦ either positive or negative
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bb on Apr 19, 2019

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


bb

  • Member
  • Posts: 544
Reply 2 on: Apr 19, 2019
Gracias!

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Profit-maximizing Chart Profit-maximizing Chart
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
economic question economic question
economic question economic question
economic question economic question
economic question economic question
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library