Safari File Edit View History Bookmarks Window Help Q Mon Dec 12 10:14 PM

Safari File Fear Of God Kids St... Edit View History Bookmarks Window Help gastate.view.usg.edu Women's 1996 Retr... Exam 4 - Comprehe... D2L Homework Help Solved Select the b... Netflix Exam 4 - Comprehensive Final Dashboard Automatic Scrolling: Mon Dec 12 10:14 PM 00 oo Homepage - Georgi... 1)2L x Time Limit: Page 1: Time Jada Phillips: Attempt 1 1 4 7 10 13 16 2 5 8 11 14 17 3 6 9 12 15 18 Question z (2 points) 4)) Listen Which of the following are characteristics of a monopolistically competitive market? (Check all that apply.) o In the short run, only zero economic profit possible o Firms make independent decisions C) Firms sell differentiated products C) Firms sell homogeneous products o Firms face a downward sloping demand curve o Firms are interdependent and behave strategically o If P < ATC, firms will shutdown in short run o Firms face a perfectly elastic demand curve o If P < AVC, firms will shutdown in short run o In the short run, positive economic profit possible Question 3 (2 points) oeo o