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:

Alert Consciousness

A state of being fully awake and aware of one's environment, enabling quick and responsive actions.

Maintaining Waking Activity

Maintaining waking activity refers to the processes that keep the brain alert and awake, involving interactions between neurotransmitter systems and brain structures.

SSRIs

Selective Serotonin Reuptake Inhibitors are a class of drugs commonly used to treat depression by increasing serotonin levels in the brain.

Ritalin

A medication commonly prescribed to treat Attention Deficit Hyperactivity Disorder (ADHD) by affecting neurotransmitters in the brain.