In the long run, in monopolistic competition the _______________ curve will be tangent to the ______________________ curve.

In an oligopoly, The Nash equilibrium outcome quantity is _________________________ the monopoly quantity and the perfectly competitive quantity

Firms who participate in price discrimination 

In the short run, a firm in perfect competition 

When compared to perfect competition, monopoly

A firm can stay in business while taking a loss in the short run as long as price  is greater than 

In an oligopoly, the perfectly competitive outcome quantity is_____________ the monopoly outcome

A disadvantage of both partnerships and proprietorships is that

The demand curve facing a monopoly is 

A perfectly competitive firm is described as efficient in the long-run because it