The________point is the total output or total product the business needs to sell in order to cover its total costs.

Early population-control efforts focused on the availability of contraceptives. What factors in developing countries call for more integrated efforts?

What will be an ideal response?

In a monopolistically competitive market,

a. the entry of new firms creates externalities. b. the absence of restrictions on entry by new firms ensures that there will be no deadweight loss. c. there are always too many firms in the market relative to the socially-optimal number of firms. d. firms cannot earn positive economic profits in the short run.