Monopolistic competitive firms' profit maximization decisions are similar to those of  _______________.   Question 5 options:   a perfectly competitive firm.   a monopoly firm.   both monopoly and perfectly competitive firms.   neither monopoly nor perfectly competitive firms.

Answer choices are first blank: negative, positive, zero second blank: an equal number of, fewer, more

Please consider firms in the following types of markets: Monopolistic Competition Oligopoly Pure Competition Pure Monopoly Check All That Apply The following questions will ask you to check all of the market types that has each characteristic. There may be only one market type or there may be more than one market type for each characteristic. Price is equal to marginal revenue Monopolistic Competition Oligopoly Pure Monopoly Pure Competition Has high barriers to entry Monopolistic Competition Pure Competition Pure Monopoly Oligopoly Charges the lowest price Pure Monopoly Pure Competition Monopolistic Competition Oligopoly Produces the lowest quantity Monopolistic Competition Pure Monopoly Pure Competition Oligopoly Achieves allocative efficiency in the long run equilibrium Monopolistic Competition Pure Competition Oligopoly Pure Monopoly O O O O

Monopolistic competitive firms' profit maximization decisions are similar to those of a perfectly competitive firm. a monopoly firm. both monopoly and perfectly competitive firms. neither monopoly nor perfectly competitive firms.