This topic contains a solution. Click here to go to the answer

Author Question: When a monopolistically competitive industry is in long-run equilibrium, each firm will be operating ... (Read 122 times)

gjjjjjdkkkkk3k3k33k

  • Full Member
  • ***
  • Posts: 146
When a monopolistically competitive industry is in long-run equilibrium, each firm will be operating where price is
◦ greater than average total cost but equal to marginal cost.
◦ greater than marginal cost but equal to average total cost.
◦ equal to average total cost and to marginal cost.
◦ greater than average total cost and greater than marginal cost.
◦ less than marginal cost and equal to average total cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by gjjjjjdkkkkk3k3k33k on Oct 12, 2022

Nutellas_Good

  • Full Member
  • ***
  • Posts: 156
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 39% of students answer this correctly




gjjjjjdkkkkk3k3k33k

  • Member
  • Posts: 146
Reply 2 on: Oct 12, 2022
Gracias!


alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

For a complete list of videos, visit our video library