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

Author Question: In longrun equilibrium for a monopolistically competitive firm, the firm's demand curve is ________ ... (Read 48 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rosent76 on Apr 19, 2019

sabina576

  • Sr. Member
  • ****
  • Posts: 356
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


rosent76

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: Apr 19, 2019
TY


sabina576

  • Sr. Member
  • ****
  • Posts: 356
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Write the acidic equilibrium equation for HC₆H₅O. Write the acidic equilibrium equation for HC₆H₅O.
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library