Which of the Following Is True If a Monopolistically Competitive

question 293

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:

Discriminate

To make a distinction or differentiate, often unfairly, between individuals or groups based on characteristics such as race, gender, or age.

Personality Disorders

A category of psychological disorders distinguished by persistent unadaptive behavior, thought processes, and feelings that are expressed in various situations and differ significantly from what is considered normal within the person's cultural background.

Schizophrenia

An enduring psychological condition marked by a disruption in the association between thinking, feeling, and acting, causing erroneous perceptions and improper actions and emotions.

Attachment Differences

Variations in the emotional bond and relationship dynamics between individuals, often rooted in early childhood experiences.