--%>

Monopolistic competitive firm in normal accounting profits

This monopolistically competitive firm in illustrated figure produces Q units as well as experiences: (1) economic profits equal to 0cbQ. (2) economic losses equal to cpab. (3) more than normal accounting profits. (4) marginal cost in excess of average total cost. (5) total revenue less than total cost.

971_Monopolistic Competition.png

Hey friends please give your opinion for the problem of Economics that is given above.

   Related Questions in Microeconomics

  • Q : Quantity of good demanded A Rise in the

    A Rise in the quantity of frozen vegetarian lasagna demanded would be much probable to outcome from raises in the: (i) Cost of raw vegetables. (ii) Wages paid workers in lasagna developed plants. (iii) Number of people who perform strict vegetarianism. (iv) Costs of o

  • Q : Bilateral Monopoly Can someone help me

    Can someone help me in finding out the right answer from the given options. The Bilateral monopoly models would be most suitably used to analyze the negotiations between: (1) LeBron James, a star NBA basketball player and the Cleveland Cavaliers. (2)

  • Q : Problem regarding to demography of

    Onto average, African-Americans into the U.S., when compared to whites: (1) earn lower incomes. (2) have less education. (3) experience higher rates of unemployment. (4) are less likely to be capable to retire on Social Security. (5) All of the above.

    Q : State Statutory liquidity ratio or SLR

    State SLR (or Statutory liquidity ratio): It is the ratio of net or total demand and time deposits of commercial bank that, it has to keep in the form of specified liquid assets.

  • Q : Problem of How to Produce Describe the

    Describe the problem of How to Produce? Answer: This refers to the choice of techniques of production of services and goods and whether labor intensive or capital i

  • Q : Price ceiling set below equilibrium A

    A price ceiling set below equilibrium will raise the: (w) quantity supplied. (x) good’s opportunity cost to buyers. (y) sellers’ profits. (z) rate of excess supply. How can I solve my economics

  • Q : Problem on Decisions at the Marginal

    The least clear illustration of how decisions are generally at the margin would be: (i) A floral shop hiring an additional clerk and opening earlier in hopes of increasing revenues by half. (ii) Eating less whenever the menu is a-la-carte than at an ‘all-you-can

  • Q : Effects of increasing the price raise

    Increasing the price as in demonstrated figure for DVD games will raise total revenue at the entire prices: (w) on this demand curve. (x) above $30. (y) below $30. (z) below $25. Hey friends please give your opinio

  • Q : Open market operation-Deficient demand

    Open market operation signifies to the sale and purchase of securities by the Central Bank in case of deficient demand whenever AD falling short of AS at full employment, the Central Bank purchases securities in open market and makes payment to the se

  • Q : Determine total revenue by quantity and

    In this demonstrated figure, the total revenue: (w) varies inversely along with price in range b. (x) is minimized at the midpoint of the demand curve. (y) remains unchanged like price changes within range b. (z) will raise as price falls within range