australiarox123
New member
According to some economists, the wastefulness of excess capacity is not totally bad because
A) advertisers make more income, which is circulated to the rest of the economy.
B) excess capacity may allow for a greater diversity of products than is available under other forms of competition
C) the products would not be produced otherwise.
D)monopolistically competitive firms allocate resources in a more efficient way than firms in other market structures.
E) monopolistically competitive firms have a negatively sloped demand curve.
PLEASE HELP!!!
A) advertisers make more income, which is circulated to the rest of the economy.
B) excess capacity may allow for a greater diversity of products than is available under other forms of competition
C) the products would not be produced otherwise.
D)monopolistically competitive firms allocate resources in a more efficient way than firms in other market structures.
E) monopolistically competitive firms have a negatively sloped demand curve.
PLEASE HELP!!!