--%>

Long-run equilibrium output of monopolistic competitor

This monopolistic competitor produces Q0 units and is demonstrated: (w) earning total profit equal to 0PbQ. (x) as a price taker. (y) setting price equal to marginal revenue. (z) in long-run equilibrium.

1068_problem on Monopolistic Competition.png

Please guys help to solve this problem of Economics with some explanation.

   Related Questions in Microeconomics

  • Q : Demand for loanable funds An increase

    An increase in the demand for loanable funds is reflected within an increase in the: (1) term structure of interest rates. (2) demand for money. (3) supply of bonds. (4) supply of money. (5) demand for bonds. I nee

  • Q : Define aggregate demand Define

    Define aggregate demand: Aggregate demand is stated as the money value of total goods and services demanded by an economy throughout a particular period.

  • Q : Structure-conduct-performance From

    From roughly 1890 till 1970 year, the “structure-conduct-performance paradigm” controlled theories regarding how firms behave in various types of markets. The term “structure” in this expression refers to such

  • Q : Stronger Incentives for Productive

    Compared to the requirement and equity standards, the contribution standard of income distribution refers to: (1) generate the weakest incentives for production. (2) best provide for people in poverty. (3) be most compatible along wit

  • Q : Demand curve for physical capital The

    The demand curve for physical capital: (1) does not depend on the amount of labor available. (2) generates a supply of loanable funds to finance new investment. (3) depends onto the marginal productivity of capital. (4) is exactly parallel to the amou

  • Q : What supply curve illustrates What

    What supply curve illustrates?

  • Q : Shutting down the average expected

    All firms will shut down when the average expected revenue by selling output fails to exceed expected: (w) average total cost. (x) marginal cost. (y) average fixed cost. (z) average variable costs. I need a good an

  • Q : Problem on utilitarian philosophy Can

    Can someone help me in finding out the right answer from the given options. The utilitarian philosophy didn’t depend on the supposition that: (i) The greatest good for greatest number is the finest social goal. (ii) Individual utilities can be summed up to measu

  • Q : Perfect elasticity of demanded curve

    The graph of a demand curve which is perfectly elastic is: (1) positively sloped. (2) horizontal. (3) vertical. (4) negatively sloped. (5) a 45° diagonal line. Can someone explain/help me with

  • Q : Ex-ante investment Ex-ante investment :

    Ex-ante investment: This is planned or desired investment throughout a specific period.