Which of the following is not true of a monopolistically competitive firm? a. the firm will maximize profits by producing where mr = mc. b. the firm will not likely earn an economic profit in the long run. c. the firm will produce an efficient quantity where average total cost is minimized. d. the firm will shut down if price is less than average variable cost.

How could brian, who doesn't want his car insurance premiums to increase, show he poses a low risk to his insurance company? a: drive safely to avoid accidents and traffic citations b: wash and wax his car regularly to keep it clean c: allow unlicensed drivers to drive carelessly in his car d: incur driver's license points from breaking driving laws

Identify the three components of a family's culture and provide one example from your own experience

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.