Answer:
<h2>The answer in this case would be option a. or price exceeds marginal cost.</h2>
Explanation:
- Monopolistic competition is a particular type of market structure where multiple or many firms or companies are producing and selling differentiated or heterogeneous products or services.
- A monopolisticially competitive firm maximizes its profit by producing the output level at which the marginal revenue or the additional or incremental revenue obtained from selling one more unit of output is equal to the marginal cost or the additional or incremental cost or expense incurred by the firm or company to produce that one more unit of the output.
- The monopolistically competitive firm charges per unit price of the output which is equal to the demand for any particular product or service in the market and higher than both marginal revenue and marginal cost or above the point where both are equal.Hence,the price charged by the monopolistically competitive firm is higher than both marginal cost and marginal revenue of production.
Your answer would be B. The price will go up because supply is low.
Answer:
emotionally unstable
Explanation:
An emotionally unstable person is one who gets swayed over by his emotion. His self-confidence is very low, displays intense emotional reactions. They often fear that may be left alone, develop sense of emptiness and remain away from reality. Their decision-making abilities gets distorted.
In the problem Aiden is said to have doubt over his abilities and do not perform well in stress full situation which made him to quit his job thus strong behavioral reaction. Thus it is clear that he shows symptoms of emotional unstability.