Assume that in a monopolistically competitive industry, firms are earning economic profit. This situation will: (Points : 1) reduce the excess capacity in the industry as firms expand
production attract other firms to enter the industry because the barriers to entry are low cause firms to standardize their product to limit the degree of competition make the industry allocatively efficient as each firm seeks to maintain its profits
cause firms to standardize their product to limit the degree of competition
Question
Asked 9/9/2012 2:16:06 PM
Rating

There are no new answers.

There are no comments.

Popular Conversations
(-5a 2)3·a 5
Weegy: (-5a^2)3 a^5 =(- 5) * a^2 * 3 * a^5 = - 15 * a^7 = - 15a^7 User: (y 2)5 · y 8 Weegy: What can I do for ...
10/9/2015 7:48:52 AM| 8 Answers
(fg 2)4 User: Evaluate m 0 - n 2 for m = 2 and n = -1.
Weegy: m^0 - n^2 for m = 2 and n = -1 (2)^0 - (-1)^2; = 1 - 1; = 0 User: 1.5m 7(-4m 5)2 Weegy: pass to other ...
10/9/2015 7:58:29 AM| 3 Answers
(-7p)^3
Weegy: (-7p)^3 = (-7p)(-7p)(-7p) = -343p^3 User: (a 2 b 3)4 User: (k^3)5 = k^8
10/9/2015 7:42:44 AM| 2 Answers
Ophelia's death occurs in which part of Shakespeare's ...
Weegy: Ophelia tragically drowns after going insane following the death of her father
10/9/2015 10:21:47 AM| 2 Answers
In “By the Waters of Babylon,” when John sees the city “as it had ...
Weegy: B. New York City as it had been. User: The question below refers to the selection "By the Waters of Babylon." ...
10/9/2015 11:02:29 AM| 2 Answers
Solve the inequality. 2
Weegy: y 2 User: Solve the inequality. x + 5 > 3 A. x > 2 B. x > 2 C. x Weegy: ?y 2
10/9/2015 11:01:13 AM| 2 Answers
Change 1.4 to a fraction. 1/4 1 1/4 1 1/2 1 2/5
10/9/2015 11:14:53 AM| 2 Answers
Find the quotient. Simplify if possible. q/7,q/26
Weegy: (q/7)/(q/26)= (q/7)*(26/q)=26q/7q=26/7 User: Paul needs 2 1/4 yards of fabric to make a tablecloth. How many ...
10/9/2015 8:34:21 PM| 2 Answers
Weegy Stuff
S
L
Points 244 [Total 1784] Ratings 0 Comments 244 Invitations 0 Online
S
Points 139 [Total 815] Ratings 0 Comments 139 Invitations 0 Offline
S
1
L
L
P
R
P
Points 94 [Total 9852] Ratings 0 Comments 94 Invitations 0 Offline
S
L
Points 60 [Total 3922] Ratings 1 Comments 50 Invitations 0 Offline
S
Points 24 [Total 24] Ratings 0 Comments 24 Invitations 0 Offline
S
Points 11 [Total 62] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
R
R
Points 10 [Total 346] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 8 [Total 439] Ratings 0 Comments 8 Invitations 0 Offline
S
R
Points 7 [Total 290] Ratings 0 Comments 7 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)