1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maria [59]
3 years ago
13

1. In general, monopolistically competitive firms earn profits

History
2 answers:
valina [46]3 years ago
7 0

Answer:

Among the options given on the question the correct answer is option C.

Slightly above their costs in the long run.

Explanation: The monopolistic competitive firms are those who produce the similar products and service but without perfect substitute. The monopolistic firms are closely related with the business strategy of brand differentiation. Basically, the monopolistic competition is the combine of monopoly and perfect market. The monopolistic competition don't have the the power to control the market price like the monopoly system.

When the profit matter comes to the business, the monopolistic firms earn profits slightly above their costs in the long run. Because barriers to entry are low, other firms have an incentive to enter the market, increasing the competition. As a result to survive in the market the profit margin gets lower. Therefore, they just make the profit above their costs.

Vladimir79 [104]3 years ago
6 0

Answer:

C- slightly above their costs in the long run

Explanation:

Monopolistically competitive firm is the firm that produces at an output where average total cost is not a minimum. ... In general, monopolistically competitive firms earn profits slightly above their cost in the long run.

You might be interested in
PLEASE HURYY How does volcanic ash help preserve remians?
STALIN [3.7K]

Answer:

A constant and rapid fall of volcanic ash from a large eruption is ideal for preserving what exists upon the land at the time of deposition. So you see we should even preserve the things.  It can bury them intact without moving them and without completely crushing or burning them.

6 0
3 years ago
Read 2 more answers
What is the kahulugan of manggagawa?? ​
docker41 [41]

work·er

/ˈwərkər/

Learn to pronounce

noun

1.

a person who does a specified type of work or who works in a specified way.

"a farm worker"

2.

a person who produces or achieves a specified thing.

"a worker of miracles"

Hope i helped!

5 0
3 years ago
Select all that apply.
wlad13 [49]
Alexander the Great didn't conquer Italy. Neither did he conquer China.

Alexander the Great was the leader of the hellenistic period in Greece and contributed to the creation of one of the greatest empires at the time which was spanning all around from the Greek peninsula all the way to Mesopotamia. 
5 0
3 years ago
In the Elizabethan great chain of being, which being was at the lowest rung of human society?
Ostrovityanka [42]
In the Elizabethan great chain of being, it was "minerals" that were at the lowest rung of human society, since it was believed that these were the foundations of plant life and nothing more. 
3 0
3 years ago
Read 2 more answers
How did the United States manage to expand its territory across the continent?
lawyer [7]

The U.S. manage to expand its territory across the continent through treaty agreement and territory purchase which is evident in Louisiana purchase.

In 1803, the U.S. was able to extend in double to its original territories through the Louisiana Purchase of 1803.

  • Louisiana Purchase entails acquisition of the Louisiana territory from Napoleonic France in the year 1803.

  • The Purchase of the territory brought into U.S. about 828,000 square miles of territory, thereby, doubling the size of the country.

In conclusion, the U.S. manage to expand its territory across the continent through treaty agreement and territory purchase which is evident in Louisiana purchase.

Read more about Louisiana Purchase:

<em>brainly.com/question/2882580</em>

7 0
2 years ago
Other questions:
  • Which statement about free-soilers is the most true?
    5·1 answer
  • What effect did the geography on mesopotamia have on trade
    8·1 answer
  • How did the Homestead Act of 1862 help bring about an end to the cattle boom?
    15·2 answers
  • The Non-Aggression Pact was created so that __________ would not declare war on each other.
    10·2 answers
  • Four types of public buildings used for polling places are:
    12·2 answers
  • Not everyone in Texas and the South supported the Confederacy and the Civil War. Who in the South showed opposition to the Confe
    12·1 answer
  • PLEASE HURRY!!!!
    14·2 answers
  • The European Economic Community was created by
    10·1 answer
  • What anime character is this
    14·2 answers
  • In two or three sentences, describe how people of the 1930s responded to the dust storms of the Dust Bowl.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!