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bazaltina [42]
3 years ago
13

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that _

___________.
Business
1 answer:
liubo4ka [24]3 years ago
3 0

Answer:

P = Average Total Cost

Explanation:

Because the market is monopolistically competitive market, one can tell that it is in long run equilibirum by the fact that P = ATC at the optimal quantity. Furthermore, the quantity he firm produces in long run equilibrium is less than efficient scale.

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When a tax is levied on the buyers of a good, the A. buyers of the good will send tax payments to the government. B. supply curv
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Answer:

When a tax is levied on the buyers of a good, the <u>demand curve shifts downward (or to the left). The quantity demanded will decrease at every price level.</u>

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When a tax is levied on the sellers of a good, the supply curve shifts to the left, reducing the quantity supplied at every price level.

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