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

Author Question: In the long run, firms in monopolistic competition make zero economic profit because (Read 71 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
on: May 24, 2019
In the long run, firms in monopolistic competition make zero economic profit because
◦ firms are free to enter and exit.
◦ their products are similar but slightly different.
◦ of over-reliance on product marketing.
◦ of collusion among the various sellers.
◦ their demand curves are horizontal.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fnuegbu on May 24, 2019

Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: May 24, 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


fnuegbu

  • Member
  • Posts: 539
Reply 2 on: May 24, 2019
Wow, this really help

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Social Capability and Economic Growth Social Capability and Economic Growth
Population Density versus Economic Growth Population Density versus Economic Growth
When a 2.75-kg fan, having blades 18.5 cm long, is turned off, its angular speed decreases ... When a 2.75-kg fan, having blades 18.5 cm long, is turned off, its angular speed decreases ...
economic question economic question
economic question economic question
economic question economic question
Video: Major Elements in Biological Molecules: Carbohydrates

For a complete list of videos, visit our video library