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In the long run, the profits for a monopolistic competitor (in terms of a return on its investment) will be
Weegy: The demand will decrease and average total cost will increase. This means in the long run, a monopolistically competitive firm will make zero economic profit. (More)
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Asked 4/2/2012 1:28:02 AM
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Why might an increase of the minimum wage in the United States impact unemployment rates?
Weegy: The majority of workers are minimum wage earners and minimum wage is not enough to support one person let alone support a family. It makes it hard to supply the basics like shelter, heat, food, and clothing. [ People who graduate with bachelor degrees earn about twice as much as high school graduates do. Plus, college can prepare people for a well-rounded life and they will more than likely find a job that they will enjoy; whereas a high ... (More)
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Asked 4/4/2012 11:53:30 PM
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How many solutions does the equation |3x + 7| = –4 ...
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Express as ordinary numbers. 8.97 x 10-3 0.0897 0.00897 8,970
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One of the major techniques of parody is incongruity, or ...
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