At ragtime resale shop, manager lucinda doesn't waste any time thinking about whether the employees on her shift get breaks at reasonable times. in fact, she claims she is hard pressed to determine which one has "worked hard enough" to even deserve a break. earlier today, lucinda remarked, "i've never met anyone who likes this job! they're only biding their time and here for the money." lucinda's managerial style would be classified as

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.