Someone may choose to own a car instead of leasing because: a the car can be resold later to make some money back. b the car can be resold later for a higher price. c the maintenance costs for a leased car are generally higher. d the insurance costs for a leased car are highe

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

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.