It Has Been Argued That Because the Monopolistic Competitive Firm

question 80

Multiple Choice

It has been argued that because the monopolistic competitive firm faces a downward-sloping demand curve, in long run equilibrium it

• A)underutilizes its plant size.
• B)has excess capacity.
• C)produces an output smaller than the one that would minimize its costs of production.
• D)a and b
• E)all of the above

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Substances, often medications, that can improve emotional state and combat depression.