Which of the Following Is True If a Monopolistically Competitive

question 230

Multiple Choice

Which of the following is true if a monopolistically competitive firm has excess capacity?

• A)it has exhausted all economies of scale.
• B)it is producing beyond the minimum efficient scale.
• C)it is experiencing diseconomies of scale.
• D)it produces an output rate that places it on the negatively sloped portion of its average total cost curve.

---

Definitions:

Sedentary Lifestyle

A way of life characterized by a low level of physical activity, often associated with sitting or lying down for prolonged periods.

Generalized Weakness

A broad term describing a feeling of lack of energy or strength throughout the body not limited to a specific area, which can be caused by a myriad of medical conditions.

Crutches

Mobility aids used to support walking when one is unable to use their legs normally due to injury or disability.

Cane

A handheld aid used to improve balance and reduce stress on the lower body while walking, often employed after injury or for those with mobility issues.