Economy, asked by thakursugandha03, 7 months ago

Question 1
illustrate the price and Output determination under monopolistic competition.​

Answers

Answered by purneetkaur93
0

Answer:

Under monopolistic competition, the firm will be in equilibrium position when marginal revenue is equal to marginal cost. In short run, therefore, the firm will be in equilibrium when it is maximising profits, i.e., when MR = MC. ...

Previous Question
Next Question
Similar questions
CBSE BOARD XII, 3 months ago
what is history please answer​...
Computer Science, 3 months ago
Suppose L=[“Good", 5, ["Students", "Words"],"few"] Consider the above list and answer the following (a)L[2:] (b)L[2][1]...
Computer Science, 3 months ago
A CLUTTERED DESK IS A SIGN OF CLUTTERED MIND IS AN EXAMPLE OF...
Biology, 7 months ago
what is the definition of (The topic is ICT) : Bus ring star Packets Username & Password server The first person who answers them all and I found the answer helpful, I am gonna give him the brillianist...
Social Sciences, 7 months ago
Adivasis are not a population​...
India Languages, 1 year ago
petron pump creative line in konkani​...
English, 1 year ago
Did the boys return the horse because of their consciousness or they were afraid?​
Computer Science, 1 year ago
What will be printed when the following code is executed? #include int main() { inti=0; for(;i<=9;) { i++; printf("%d",i); } return 0; }...