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

Author Question: Long-run equilibrium under monopolistic competition and perfect competition is similar in that (Read 244 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Oct 8, 2019

Long-run equilibrium under monopolistic competition and perfect competition is similar in that


◦

firms produce at the minimum point of their average cost curves.


◦

price equals marginal cost.


◦

price equals marginal revenue.


◦

firms break even.

InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Marty on Oct 8, 2019

nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Oct 8, 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 44% of students answer this correctly


Marty

  • Hero Member
  • *****
  • Posts: 553
Reply #2 on: Oct 8, 2019
Excellent


nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Oct 8, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

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.

A horse and rider in dressage competition at the Olympics A horse and rider in dressage competition at the Olympics
Long-term relationships, especially those who are married, having a child Long-term relationships, especially those who are married, having a child
A horizontal, 2.00 m long, 3.00 kg uniform beam that lies along the east-west di A horizontal, 2.00 m long, 3.00 kg uniform beam that lies along the east-west di
Demographic transition model for changes in population growth rates and sizes, correlated with long- Demographic transition model for changes in population growth rates and sizes, correlated with long-
The Hardy–Weinberg Equilibrium The Hardy–Weinberg Equilibrium
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library