A monopoly or oligopoly showing no economic profit or loss

Assignment Help Business Economics

Reference no: EM13832106

A monopoly or oligopoly showing no economic profit or loss has

a. an AR curve tangent to the lowest point of its ATC curve

b. an AR curve tangent to its ATC curve to the left of the lowest point

c. an MR curve above its AR curve

d. an AR curve that crosses its ATC curve

Reference no: EM13832106

Questions Cloud

Short-run aggregate supply curve slopes : The short-run aggregate supply (SAS) curve slopes upward because households spend more as their incomes increase. The long-run aggregate supply curve can never shift. Either a decrease in the nominal money supply by the Federal Reserve, all else held..

Determines the chemical reactivity of the atom : Identify the part of the atom that most determines the chemical reactivity of the atom. Which is not one of the four atoms that make up the bulk of living organisms

Identified as more profitable have a dominant strategy : A small town is served by two grocery stores, White and Gray. Each store must decide whether it will remain open on Sunday or whether it will close on that day. Which firm is the more profitable in this market? Does the firm you identified as more pr..

Type of market structure is firms pricing decision : Under which type of market structure is the firm's pricing decision the most difficult?

A monopoly or oligopoly showing no economic profit or loss : A monopoly or oligopoly showing no economic profit or loss has

Three behaviours of yuki : Based on the given article that Yuki has identified three behaviours: 'inspiration', 'developing' and 'empowering' at the dyadic (ie, pairs), group and organisational levels that should be included in transformational theory.

The difference in ph units between two acidic solutions : The difference in pH units between two acidic solutions is three. How much more acidic is the stronger acid than the weaker acid

Write brief summary of issues that may appear in a business : Write a brief summary of issues that may appear in a business case for this system. For example, consider the rationale that management may have used to justify an investment in the system.

Determining the different types of leadership : 1. Research has identified many different types of leadership. Describe the main features of the following making sure to highlight at least one key difference between each: charismatic, transformational and transactional.

User Account

All Pages