Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
knoeller33 knoeller33
wrote...
Go to Answer
Posts: 126
Rep: 0 0
6 months ago

Which of the following statements is false?



▸

A perfectly competitive firm is resource-allocative efficient, but a monopolistic competitive firm is not.



▸

An oligopolistic firm is not resource-allocative efficient.



▸

An oligopolist produces that quantity of output at which price is equal to marginal cost.



▸

A monopolistic competitive firm produces a quantity of output at which price is greater than marginal cost.

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 25 times
1 Reply
Replies
Answer verified by a subject expert
snowcat012snowcat012
wrote...
#1
Posts: 123
Rep: 0 0
6 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

knoeller33 Author
wrote...

6 months ago
Helped a lot
MAry1395
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
hannahspillett
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1256 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 4430
  
 380
  
 372
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Where do you get your textbooks?