If profits are negative in a monopolistically competitive market, then: the industry will stop production. new firms will enter the market until economic profits are zero. firms will exit the market until economic profit returns to the optimal positive level. firms will exit the market until economic profit returns to zero

Question

07-04-2022
Business

Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

If profits are negative in a monopolistically competitive market, then: the industry will stop production. new firms will enter the market until economic profits are zero. firms will exit the market until economic profit returns to the optimal positive level. firms will exit the market until economic profit returns to zero

Sagot :

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.

Write the following in isotope notation:a. helium-4b. helium-3c. tin-117d. uranium-235e. uranium-238f. phosphorus-32

Question 3 (Matching - Worth 2 points)Match the terms with their correct definitions.Term:1. Direct characterization 2. Indirect characterization Definition:A

Utilizando las propiedades de los logaritmos, escribe la expresión en forma expandida:[tex]\[ \log \left(\frac{x^2}{(x-1)^3}\right) = \][/tex]

Which details from the myths support the idea that both the Maori and Haida understand the value of determination? The brothers in the Maori myth use all of th

Find the expected value of the random variable with the given probability distribution.Do not round your answer.[tex]\[ \mu = ? \][/tex][tex]\[ \begin{tabular}{

Which of the following statements describes expenses? a) lori paid $12,500 to the bank for her business mortgage payment last year. b) terry recorded $64,000 in

Select the correct answer.Iron reacts with atmospheric oxygen to form iron oxide or ferric oxide. Look at the chemical equation for this reaction:[tex]\[ Fe + O

Ann Arthur is unhappy with the appearance of her anterior teeth. The maxillary and mandibular incisors are a dull, medium-yellow shade. There is a slight diaste

Choose the word or phrase that best completes each sentence.1. Lyme disease is caused by a bite from a __________.2. West Nile virus is __________.

Which of the following is a like radical to [tex]$\sqrt[3]{7x}$[/tex]?A. [tex]$4(\sqrt[3]{7x})$[/tex]B. [tex]$\sqrt{7x}$[/tex]C. [tex]$x(\sqrt[3]{7})$[/

mboluwape mboluwape · Answer 1 · 2022-04-12T04:57:45-04:00

Profits are negative in a monopolistically competitive market, the new firms will enter the market until economic profits are zero.

What is competitive market?

Competitive market is a market that involves many sellers and producer that are competing with one another.

They compete to provide goods and services

Therefore, profits are negative in a monopolistically competitive market new firms will enter the market until economic profits are zero.

Learn more on competitive market here,

https://brainly.com/question/25717627

Sagot :

What is competitive market?

Other Questions