Once a company has implemented strategies for improving product service and quality, it may initiate the process for becoming certified by the International Organization for Standardization (ISO). If Hannah’s company were to seek this certification, which of the following would the company most likely need to show? A: How it is following Hannah’s suggested procedures for improving production
B: How its employees have become more diverse since implementing Hannah’s suggestions
C: How its level of quality far exceeds the level of quality at other distribution companies

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.