In the Long Run,in the Model of Monopolistic Competition,for a Typical

question 7

Multiple Choice

In the long run,in the model of monopolistic competition,for a typical firm,price is

• A)above average cost but equal to marginal cost.
• B)above marginal cost but equal to average cost.
• C)above marginal cost.
• D)equal to marginal cost and equal to or greater than average cost.

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Definitions:

Stress Prone

The tendency to experience a high level of stress in response to perceived pressures and challenges.

Job Creativity

The ability to generate innovative ideas and solutions within a job role.

Moderate Stress

A level of stress considered manageable and can potentially lead to increased productivity and alertness.

Optimal Performance Zone

The state in which an individual performs at their highest level of productivity and efficiency.