William hands over his credit card to the waiter of a restaurant to pay for his meal. the waiter returns and tells him that his card is declined. william then pays for the meal by cash. he calls the credit card company to find out why his card has been declined and they tell him that he has reached his credit limit. he tells the company to send a statement. when he is checking the statement he realizes that there are several purchases that he didn't make. thus, wlliam is a victim of_(blank) •credit theft •electronic theft •identity theft

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.