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Author Question: In ________ monopolistically competitive equilibrium, there will be neither economic profits nor losses. (Read 21 times)

evelyn o bentley

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on: Apr 19, 2019

Question 1

For a monopolistically competitive firm ________ at the profit-maximizing quantity, the demand curve must be tangent to the average total cost curve.


◦ earning short-run profits
◦ suffering short-run losses
◦ to shut down
◦ in long-run equilibrium

Question 2

In ________ monopolistically competitive equilibrium, there will be neither economic profits nor losses.


◦ short-run
◦ long-run
◦ both short-run and long-run
◦ neither short-run nor long-run
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by evelyn o bentley on Apr 19, 2019

pangili4

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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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evelyn o bentley

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

softEldritch

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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