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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
Monopolistic competition is judged to be economically inefficient because
A) the price is greater than marginal cost.
B) firms earn zero economic profit in the long run.
C) marginal revenue equals marginal cost.
D) firms have deficient capacity in the long run.
E) firms earn an economic profit in the long run.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 165 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Loraine Author
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8 years ago
Thanks for your help!!
lolaww
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Thank you, thank you, thank you!
Mcb
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This calls for a celebration Person Raising Both Hands in Celebration
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