Which of given produces same outcome in a competitive market

Reference no: EM131481107

Question: Which of the following produces the same outcome under monopolistic competition and in a competitive market in the long run?

a. the markup the firm charges

b. the price the firm charges to consumers

c. the firm's excess capacity

d. the average total cost of production

e. the amount of advertising

f. the firm's profit

g. the efficiency of the market structure.

Reference no: EM131481107

Questions Cloud

Using the industry life cycle model : Using the industry life cycle model, explain how the threats and opportunities for existing firms in an industry change over time.

Which of the given a monopolistic competitor : Which of the following could be considered a monopolistic competitor?

Tracking apps ethics in sports is big business : Tracking Apps Ethics in sports is Big Business. How could it be translated to other industries or businesses?

FARS database on the type of disclosure : A company car is in a wreck and the company expects to have to pay a substantial sum to persons who were injured. FARS database on the type of disclosure

Which of given produces same outcome in a competitive market : Which of the following produces the same outcome under monopolistic competition and in a competitive market in the long run?

How does manager perform as a lens to filter ethical problem : How does the manager perform as a "Lens" to filter ethical problems and issues? Using Higher Order Thinking Skills from Bloom's Taxonomy, respond to prompts.

Discuss the nanchan temple : Discuss the Nanchan Temple as a typical example of ancient Chinese architecture. What are the key characteristics of structure.

Advantages and disadvantages of sole proprietorship : Determine that advantages and disadvantages of a sole proprietorship. What are the classifications of corporations?

What was the setting of the learning experience : What was the setting of the learning experience? College campus? Conference? Business setting? Who was the instructor or speaker? What was the subject matter?

User Account

All Pages