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Alla [95]
3 years ago
8

Please help :) "Why do students drop out of college, and how should society respond?"

SAT
2 answers:
ZanzabumX [31]3 years ago
8 0
They drop out of college because it’s getting too hard and they probably get too stressed and society should accept that
yulyashka [42]3 years ago
4 0
Students drop out because its way harder and the bills are expensive and society should be ok with it some people go to college because of what job they want to study for
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To maximize its profit a monopolistically competitive firm
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To maximize its profit a monopolistically competitive firm would set marginal revenue to be equal to marginal cost.

<h3>What is a monopolistically competitive firm?</h3>

Monopolistically competitive firm is the description of the type of firm that exists in the market that have other firms that are having and offering similar products in the market.

The products may be similar but they are not identical. As a rule this type of market has to set MR = MC.

The difference between these firms and the true Monopoly is that this kind of firmss do not have the power to curtail supply so as to increase the prices in the market so they can raise their profits.

They do not have barriers to entry and the kind of profits that are made here are what we call normal profits. They are not price takers.

Read more on  monopolistic competition here: brainly.com/question/2891218

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