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fill this table please Do Firms Perfect comp. Monopolistic comp Monopoly Make differentiated products? Have excess capacity? Advertise? Pick Q so that MR = MC

fill this table please

Do Firms Perfect comp. Monopolistic comp Monopoly

Make differentiated products?

Have excess capacity?

Advertise?

Pick Q so that MR = MC

Pick P so that P = MC

Earn economic profit in the long run equilibrium?

Face a downward sloping demand curve?

Have MR less than price?

Face the entry of other firms?

Exit in the long run if profits are less than zero?

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