Bhdj2319 Bhdj2319

29-05-2024
Business

Answered

If firms are competing in monopolistic competition and if AC < p where MR = MC ,
A) firms earn positive profits and new firms will enter.
B) firms earn negative profits and existing firms will leave.
C) firms earn zero profits and new firms will not enter and no existing firms will leave.
D) None of these.

Answer :

Other Questions

Describe at least two events during meiosis that increase the genetic diversity of the daughter cells produced.

Why is deforestation in tropical rainforests more devastating to the global environment than deforestation in temperate forests? (Points : 4) most temperate for

How did the Africans feel about the missionaries?

Assume that the mean hourly cost to operate a commercial airplane follows the normal distribution with a mean of $2,175 per hour and a standard deviation of $2

what is 0.751 as a percentage?

The role of the excretory system is to rid the body of toxic waste products. Which of these body systems also plays a direct role in removing waste products fro

What outcome resulted from the fall of the Roman Empire in western Europe? Explain your answer. Answer choices are A.) feudalism replaced a centralized empire.

Find the equilibrium point for the demand and supply functions given .....hint: find x when D(x)=S(x) D(x)= 3500-80x S(x)=250+10x

What's expanded form for 74.21

If a word is capitalized in the middle of a properly written sentence , chances are the word is