Micro help again.......teacher responses..............

Question

scarlett_feathers · Answer

Are you sure monopolistic competition is allocatively efficient? Does it produce a quantity where price equals MC? 

Are you sure monopolistic competition is productively efficient? Does it produce output where price equals minimum ATC? 

My initial question and answer :
In the long run, will Enviromax produce the allocatively and productively efficient level of output? Explain.
Enviromax is being productively efficient. Due to the increase in demand Enviromax can raise prices to increase accounting profits. They will also be able to produ

serenity74 · Answer

Can I wokr on this tomorrow? I am tooooo tired right now :(