【判断题】Since a monopoly makes excess profits beyond the normal rate of return on investment, an investor is likely to get a higher rate of return in the stock market by investing in monopolistic rather than ...
【单选题】One source of inefficiency in monopolistic competition is that since price is above marginal cost, some units are not produced that buyers value in
A.
since price is above marginal cost, surplus is redistributed from buyers to sellers.
B.
monopolistically competitive firms earn economic profits in the long run.
C.
monopolistically competitive firms produce beyond their efficient scale.
D.
excess of the cost of production and this causes a deadweight loss.
【判断题】Since a monopolistically competitive firm charges a price that exceeds marginal cost, the firm fails to produce some units that the buyers value in excess of the cost of production and, thus, monopoli...
【判断题】Since 1980s, American Government and the monopolistic financial groups it represents have conducted the economic invasions of other countries, with the help of their strong political strength.
【判断题】Since a monopoly makes excess pro ts beyond the normal rate of return on investment, an investor is likely to get a higher rate of return in the stock market by investing in monopolistic rather than c...