Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
fattykay92 fattykay92
wrote...
Go to Answer
Posts: 467
Rep: 11 0
5 years ago
The brand name of a firm

• has been considered irrelevant by economists since profits for a monopolistic competitive firm are zero in the long-run.

• relates to consumers' perception of product differentiation and to the market value of a firm.

• is important in the short-run but not in the long-run.

• has nothing to do with the profitability of a firm.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 28 times
1 Reply
Replies
Answer verified by a subject expert
meigsflameigsfla
wrote...
#1
Posts: 387
Rep: 68 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

fattykay92 Author
wrote...

5 years ago
Helped a lot
shimyshiguy
wrote...

Yesterday
This site is awesome
carston
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1098 People Browsing
 119 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 309
  
 688
  
 429
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Does a gender wage gap exist in America?