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

Author Question: Firms will ________ a monopolistically competitive market until ________ are eliminated. (Read 63 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
on: Apr 19, 2019

Question 1

When monopolistically competitive firms earn ________ economic profits, other firms ________ an industry in the long run.


◦ positive; enter
◦ zero; enter
◦ negative; enter
◦ zero; exit

Question 2

Firms will ________ a monopolistically competitive market until ________ are eliminated.


◦ enter; losses
◦ enter; profits
◦ exit; short-run profits
◦ exit; long-run profits
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 Hungry! on Apr 19, 2019

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
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 49% of students answer this correctly


Hungry!

  • Member
  • Posts: 1,071
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Competitive firms and maximization Competitive firms and maximization
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Atrial natriuretic peptide (vasodilation) & Aldosterone

For a complete list of videos, visit our video library