Question 1
As new firms enter a monopolistically competitive industry, the demand
◦ and marginal revenue curves facing each firm begin to shift to the right.
◦ curve facing each firm begins to shift to the right but the marginal revenue curve remains constant.
◦ and marginal revenue curves facing each firm begin to shift to the left.
◦ curve facing each firm shifts to the left, but the marginal revenue curve remains constant.
Question 2
For a monopolistically competitive firm in long-run equilibrium
◦ the demand curve must intersect the average total cost curve at the
ATC curve minimum.
◦ the demand curve must be tangent to the average total cost curve at the
ATC curve minimum.
◦ at the profit-maximizing quantity, the demand curve must intersect the average total cost curve.
◦ at the profit-maximizing quantity, the demand curve must be tangent to the average total cost curve.
Effects of competitive inhibition on enzyme kinetics
Epiphyseal Plate in Long Bone Adolescent bone growth takes place along the epiphyseal plate
A reciprocal translocation involving the long arms of chromosomes
Perform the indicated division (long division polynomials)