Answer:
Markets that have monopolistic competition are inefficient for two reasons. The first source of inefficiency is due to the fact that at its optimum output, the firm charges a price that exceeds marginal costs. The monopolistic competitive firm maximizes profits where marginal revenue equals marginal cost.
Step-by-step explanation:
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Answer:
20.28571428571429
Step-by-step explanation:
Answer:
16.58 feet
Step-by-step explanation:
a² + b² = c²
Think of this as a right triangle
The hypotenuse is 30, and one of the legs is 25
To find the other leg, subtract the square of the hypotenuse by the square of the given leg
30² - 25² = leg
900 - 625 = 275
Square root the answer to find the length of the missing leg
√275 = 16.583123951777
The leg is 16.58 ft.