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goblinko [34]
2 years ago
9

The graph below summarizes the demand and costs for a firm that operates in a monopolistically competitive market. Instructions:

Use the nearest whole numbers on the graph when calculating numerical responses below.
SAT
1 answer:
Lapatulllka [165]2 years ago
4 0

The summary of the demand and costs for a firm that operates in a monopolistically competitive market.

  • 1) 7 units at MC=MR
  • 2) $ 130 D value at 7 unit
  • 3) (130-110)*7=$140 Q*(D-ATC) D  ATC values are at q=7

<h3>What is a competitive market.?</h3>

Generally, the equation In a competitive market, neither a single customer nor a single manufacturer can have a significant impact on the market. Its reaction to supply and demand changes as seen by the supply curve, which depicts the amount of a good

In conclusion,  the summary of the demand and costs for a firm that operates in a monopolistically competitive market.

1) 7 units at MC=MR

2) $ 130 D value at 7 unit

3) (130-110)*7=$140 Q*(D-ATC) D

ATC values are at q=7

Complete question

The graph of the question is attached below

Read more about the competitive market.

brainly.com/question/15143240

#SPJ1

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Georgia’s scores in six subjects are 89, 75, 92, 68, 78, 75, and 80. If she finds a single value that summarizes all the values
Allushta [10]
Hey there! :)

Your answer is mean
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Mean is the average value of the data set.
Mode is the number that appears the most
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Mean is best for summarizing because you have 1 number that's the average of the whole data set.
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Therefore, the answer is mean

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Verdich [7]

Answer:

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