Which of the following is an example of predatory pricing? Bus rides are cheaper for senior citizens than for other people. Prices are set low enough to drive other firms out of a market. In order to buy Microsoft Windows, you must also purchase Internet Explorer. Prices are set just high enough to prevent other firms from entering the market.

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.