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Author Question: In longrun equilibrium for a monopolistically competitive firm, the firm's demand curve is ________ ... (Read 76 times)

rosent76

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on: Apr 19, 2019

Question 1

When 
MR = 
MC and 
P = 
ATC for a monopolistically competitive firm, the firm is in


◦ short‐run disequilibrium.
◦ long‐run disequilibrium.
◦ long‐run equilibrium.
◦ neither short‐run nor long‐run equilibrium.

Question 2

In long‐run equilibrium for a monopolistically competitive firm, the firm's demand curve is ________ its average total cost curve.


◦ above
◦ below
◦ just tangent to
◦ either above or below
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by rosent76 on Apr 19, 2019

sabina576

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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.
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rosent76

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Reply #2 on: Apr 19, 2019
TY


sabina576

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Reply #3 on: Apr 19, 2019
You're welcome


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