Wendy was in walmart and noticed a display with baking items collected together and a little pad with recipes to tear off. she looked at the recipe and decided that this would make a nice dessert for , so she purchased the products that were conveniently located on the display. which type of decision making did wendy undertake?
a. automatic decision makingb. limited decision makingc. nominal decision makingd. extended decision makinge. truncated decision making

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.