Recent Posts • Latest Topics • Unanswered Questions

If firms in a monopolistically competitive industry are operating with positive economic profit, ...

msee1021

wrote...

Go to Answer

Posts: 380

Rep:

5 years ago

If firms in a monopolistically competitive industry are operating with positive economic profit, ...

If firms in a monopolistically competitive industry are operating with positive economic profit, over time we would see
A) firms alter their advertising rates until they made at least normal profits.
B) some firms entering the industry, causing the market supply curve to shift to the right, lowering price.
C) some firms entering the industry, causing the demand curves of the existing firms to shift to the left.
D) some firms entering the industry, causing the demand curves of the existing firms to shift to the right.

Textbook

Economics Today: The Micro View

Edition: 19^th

Author: Miller

Read 50 times

1 Reply

Report

Replies

Answer verified by a subject expert

billybob888

wrote...

Posts: 193

Rep:

5 years ago

More solutions for this book are available here

1 Vote

smithzyk

Report

Related Topics

msee1021 Author

wrote...

5 years ago

Thanks for your help!!

Jodias

wrote...

Yesterday

Correct

ouasfoudgewu

wrote...

2 hours ago

Smart ... Thanks!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

968 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

705

533

845

Your Opinion

Previous poll results: Should Ph.D.'s be addressed as doctors?

Bonobos, Chimpanzees, and the 98% DNA Link

Courses by Biology Forums

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Strange Ingredients Lurking in Doritos Chips

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.