Babygirlslaying1246 Babygirlslaying1246
  • 04-09-2019
  • Social Studies
contestada

How does the​ long-run equilibrium of a monopolistically competitive industry differ from that of a perfectly competitive​ industry?

Respuesta :

federico1636
federico1636 federico1636
  • 17-09-2019

Answer:

A firm in monopolistic competition does not take full advantage of its economies of scale because it's the only oferent of a good. A firm in perfect competition produces at the lowest average cost possible.

Explanation:

Answer Link

Otras preguntas

would you be able to see the rock in a room with no light at all? why or why not ?
Find the fractional equivalent of 0.234. Show your work.
John made $200 this month mowing lawns. Ashley had a yard sale and made 74% of what John made. Chris received birthday money in an amount that was of what Ashl
How many grams of CaCl2 would be required to make 250 ml of a 2N solution?
Determine if the integral is converge or diverge: Integral from 1 to infinity for the equation (x-1)(x^7+5x)^(-1/3)
Facts and details that the author writes clearly in the text are called what? please help me!
Endings of verbs are calle inflections tenses prefixes
The _______________________, represented one final attempt at negotiation and peace between the colonies and Great Britain. · Olive Branch Petition ·The Declara
What is the meaning of “ override”
Write the equation of the line parallel to 5x + y = -2 that goes through the point (2, -3).