Your competitive intelligence team is predicting that the chester company will invest in adding capacity to their cone product this year. assume chester's product cone invests in increasing its capacity by 10% this year. because of this new information, your company anticipates all other products in the core segment will increase their capacity by the same amount. how much can the industry produce in the core segment the next year? consider only products primarily in the core segment last year. ignore current inventories. figures in thousands (000).

Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.

Adecision is made at the margin when each alternative considers