In the long run, a profit-maximizing monopolistically competitive firm sets it price: above minimum average total cost.

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

In the long run, a profit-maximizing monopolistically competitive firm sets it price: above minimum average total cost.

Post by answerhappygod »

In The Long Run A Profit Maximizing Monopolistically Competitive Firm Sets It Price Above Minimum Average Total Cost 1
In The Long Run A Profit Maximizing Monopolistically Competitive Firm Sets It Price Above Minimum Average Total Cost 1 (25.6 KiB) Viewed 12 times
In the long run, a profit-maximizing monopolistically competitive firm sets it price: above minimum average total cost. O equal to minimum average total cost. O equal to marginal revenue. equal to marginal cost.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”