October 4, 2015

Homework Help: microeconmics

Posted by john on Tuesday, May 18, 2010 at 11:03pm.

intro to microecnomics, easy, not enough time to do! twenty questions, need soon.

Sample question:

Unlike a perfectly competitive firm, a monopolistic competitor operates in the long run at a point at which

a. P = ATC.

b. MR = MC.

c. unit costs are not minimized.

d. profits are zero.

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