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For a firm in monopolistic competition, the efficient scale is the amount of output at which ________ is a minimum

A) fixed cost B) average total cost C) average variable cost D) average fixed cost E) marginal cost

When the government prohibits certain kinds of market behavior such as monopoly and monopolistic practices it generally does so through

A) regulatory agencies such as the Interstate Commerce Commission or the Federal Communications Commission. B) antitrust law. C) the police powers of the states. D) use of the capture theory of regulation.