What does a low price signal about a potential producer/supplier? a) that it will be easy for the producer to enter the market to offer that product b) that it is financially viable for the producer to offer c) that product for sale that the producer may be creating a product shortage in a market d) that the producer might not find many consumers if it offers that product for sale.

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.