Which of the following will not generally be true of a monopolistic competitor operating in the long run?
a. It will be earning normal profits
b. Its marginal revenue = marginal cost.
c. Its average total cost will be minimized.
d. Its price will be greater than its marginal cost.
c
Economics
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The number of people receiving Medicare is expected to grow to 74 million by the year
A) 2105. B) 2020. C) 2025. D) 2075.
Economics
More water pollution in the United States comes from __________ than any other source
a. factories b. sulfur dioxide (i.e., acid rain) c. cars d. chemicals (used in pesticides and fertilizers) and sewage e. garbage
Economics