Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
rossn rossn
wrote...
Go to Answer
Posts: 280
Rep: 0 0
5 years ago
In a monopolistically competitive market, the equilibrium price is $21, and each identical firm has a fixed cost of $40 and a constant marginal cost of $1. What is the output level of each producer?
A) q = 1
B) q = 2
C) q = 2.9
D) q = 21
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 245 times
1 Reply
Replies
Answer verified by a subject expert
Ceren C.Ceren C.
wrote...
#1
Posts: 189
Rep: 154 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

rossn Author
wrote...

5 years ago
Correct Slight Smile TY
Helpmeplease11
wrote...

Yesterday
Just got PERFECT on my quiz
Ifekwunigwe
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1250 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 7210
  
 695
  
 412
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Which 'study break' activity do you find most distracting?