In the short run the monopolistic competitor will be ______. a) definitely making a profit b) definitely
Question:
In the short run the monopolistic competitor will be ______.
a) definitely making a profit
b) definitely taking a loss
c) definitely breaking even
d) either taking a loss or making a profit
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answer d either taking a loss or making a profit In the sho...View the full answer
Answered By
Omar ELmoursi
I'm Omar, I have Bachelor degree in Business and Finance, My unique approach is to help students with questions and assignments, I can teach Business, Math, Accounting, Managerial Accounting, Economy, Human resources management, organizational behavior, project management, I have experience dealing with different types of students and teach them how to deal with different types of exercises.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Business Taxes: In this exercise, suppose that your hamburger business McWendys has a homothetic decreasing returns to scale production function that uses labor and capital k to produce hamburgers x...
-
Which of the following conditions would definitely cause a perfectly competitive company to shut down in the short run? Select one: a. P < MC b. P = MC < AC c. P < AVC d. P = MR e. None of the above...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
A Howe scissors roof truss is loaded as shown. Determine the force in members DF, DG, and EG. 2AN KN 2kN F! 1AN L5 m
-
How does a simple letter of credit work?
-
In Problems, write the equation of each line described or shown. y 4 -6 3 6 -12 -16
-
Explain how the method of instrumental variables can be used to estimate the compensating differential associated with employer-provided health benefits.
-
The stockholders equity section of Villa Corporations balance sheet as of December 31, 2013, follows. Contributed capital: Common stock , $4 par value, 500,000 shares authorized, 200,000 shares...
-
Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January Produced 7,800 February 7,250 March 6,150 April 5,250 May 4,500 June 2,100 July...
-
In the long run the monopolistic competitor will be _______. a) making a profit c) breaking even b) taking a loss
-
In the long run the monopolistic competitor in Figure 1 is ______. a) more efficient than the perfect competitor b) less efficient than the perfect competitor c) as efficient as the perfect...
-
List and describe the four domains in COBIT?
-
How does International Benefits works ? example of some countries?
-
Develop an evaluation plan utilizing the theories including identification of an appropriate external market and benchmarks for salary comparison data and analysis, on the job position of Strategic...
-
Some companies have moved away from individual commission-based incentive plans to team-oriented incentive plans. How do you think these changes will affect these companies? Which of these plans...
-
Read this article on COVID training a a Brampton Prison and answer the following questions: What sort of health and safety plans AND training did the Ontario Correctional Institute have for COVID?...
-
Present the two most important steps/actions in an investigation of an employee. In other words, to what two aspects of the investigatory process should a human resource professional pay most...
-
What effect is a change in the sales mix likely to have on a firms overall contribution margin ratio?
-
Stephen Schor, an accountant in New York City, advised his client, Andre Romanelli, Inc., to open an account at J. P. Morgan Chase Bank, N.A., to obtain a favorable interest rate on a line of credit....
-
Demand and supply of laptop computers are given in Figure 6P-4. The quantity of laptops is given in thousands. Suppose the government provides a $300 subsidy for every laptop computer that consumers...
-
Suppose government offers a subsidy to laptop sellers. Say whether each group of people gains or loses from this policy. a. Laptop buyers. b. Laptop sellers. c. Desktop computer sellers (assuming...
-
Suppose government offers a subsidy to laptop sellers. Say whether each group of people gains or loses from this policy. a. Laptop buyers. b. Laptop sellers. c. Desktop computer sellers (assuming...
-
Consider the following grammar: S aAB A bBb BAX a. Show that this grammar is ambiguous; that is, find a string that has two parse tree. b. Construct an unambiguous grammar that describes the same...
-
3) Write the following C program: The program reads a set of strings from an input file. The program counts the number of occurrences of every letter in the file, and then creates an output file that...
-
How would you make this Java code print "baz" instead of what it prints currently? String[] names ("Andrew", "Bob"} if (names[1].equals("Bob") && names.length = 2) { System.out.println("foo"); }else...
Study smarter with the SolutionInn App