Recent Posts • Latest Topics • Unanswered Questions

When the typical monopolistically competitive firm is in long-run equilibrium,

sgy_89

wrote...

Go to Answer

Posts: 677

Rep:

7 years ago

When the typical monopolistically competitive firm is in long-run equilibrium,

When the typical monopolistically competitive firm is in long-run equilibrium,
A) its average total cost curve will be tangent to the demand curve at the output where MR = MC.
B) its demand curve will lie above its average total cost curve at all output levels.
C) its demand curve will lie below its average total cost curve at the output where MR = MC.
D) its average total cost curve will intersect the demand curve at the profit-maximizing output.
E) its average total cost curve will be tangent to the marginal revenue curve at the output where MR = MC.

Textbook

Introduction to Economic Reasoning

Edition: 8^th

Author: Rohlf

Read 67 times

1 Reply

Report

Replies

Answer verified by a subject expert

folioge

wrote...

Related Topics

sgy_89 Author

wrote...

7 years ago

Thanks

derya1234

wrote...

Yesterday

This helped my grade so much Perfect

Kstan109

wrote...

2 hours ago

Thanks

New Topic

Quick Reply

Explore

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

685 People Browsing

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

Live Chat

Related Images

295

216

293

Your Opinion

Previous poll results: Where do you get your textbooks?

Courses by Biology Forums

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

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

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.