Refer to the below graph of the representative firm in monopolistic competition. The long-run equilibrium price and output for this firm will be:





A. A and C

B. B and D

C. A and D

D. B and C

C. A and D

Economics

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A sales tax imposed on tires ________ consumer surplus and ________ producer surplus

A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) does not change; does not change

Economics

What are the functions of depository institutions?

What will be an ideal response?

Economics