a.

You are watching: Refer to the diagram for a monopolistically competitive producer. the firm is

will realize allocative performance at its profit-maximizing output.
b. cannot run at a loss.
c. is in long-run equilibrium.
d. is realizing an economic profit.

*

2.Refer to the over cost data for a pucount competitive seller: If product price is $45, the firm will:

a. shut down.
b. develop 4 units and also realize a $120 financial profit.
c. create 5 devices and also realize a $15 financial profit.
d. produce 6 units and realize a $100 financial profit.

3.Pure monopoly refers to:

a. any kind of sector in which the demand curve to the firm is downsloping.
b. a standardized product being produced by many type of firms.
c. a single firm developing a product for which tright here are no cshed substitutes.
d. a big variety of firms creating a distinguished product.

4.Secret conspiracies to resolve prices are examples of:

a. cartels.
b. price leadership.
c. overt collusion.
d. surprise collusion.

See more: Why Wont My Xbox One Play Dvds, Troubleshoot Problems Playing A Disc


Sexactly how transcribed image text

Expert Answer


Who are the experts?Experts are tested by steustatiushistory.org as experts in their topic area. We review their content and usage your feedback to store the top quality high.
1. d) is realising economic earnings. in order to maximise its earnings it will…View the complete answer

*

Transcribed picture text: ATC MC MR 0 Quantity
Previous question Next off question

COMPANY


LEGAL & POLICIES


steustatiushistory.org PRODUCTS AND SERVICES


steustatiushistory.org NETWORK


CUSTOMER SERVICE


*
*