Briefly describe limit pricing and predatory pricing

Assignment Help Microeconomics
Reference no: EM132542049

Briefly describe limit pricing and predatory pricing as used by some oligopoly firms, and then explain which form of pricing is more specifically designed to prevent potential firms from entering the market.

Reference no: EM132542049

Questions Cloud

Why does accounting profit exclude : Why does Accounting Profit exclude all other implicit costs except the implicit cost of depreciation?
Briefly describe 2 government-imposed barriers : Briefly describe 2 government-imposed barriers to entry that help larger firms avoid some competition, and then explain the impact that these government
Compute the budgeted production for june : Compute budgeted material purchases for June in pounds and pesos. Compute the budgeted production for June.Compute the budgeted production for July.
Describe the difference between the desire : Describe the difference between the desire for a good and the demand for a good as they are understood by economic analysis.
Briefly describe limit pricing and predatory pricing : Briefly describe limit pricing and predatory pricing as used by some oligopoly firms, and then explain which form of pricing
Compute silikon expected margin of safety : Compute silikon's expected margin of safety for the coming year. Also, what would sales volume need to be if Monique desires a 20% margin of safety?
Rationing of goods a fact of economic life : In a market economy, why is the rationing of goods a fact of economic life, and what form of rationing is the most prominent?
Pursuit of economic self-interest benefit : Does the pursuit of economic self-interest benefit the economic pursuits of others? Explain why or why not.
Briefly describe 2 government : Briefly describe 2 government-imposed barriers to entry that help larger firms avoid some competition, and then explain the impact that these government

Reviews

Write a Review

Microeconomics Questions & Answers

  Analyze how would you adjust your behavior in the long term

Analyze how would you adjust your behavior in the long term? Analyze who will be more sensitive to price changes in what kind of products.

  Supply and demand of oil companies

During the course, you are required to complete a formal written assignment highlighting published current economic events or issues and explain how they relate to theories learned in this course. The paper provides you an opportunity to realize, ..

  What is the real rate of interest

If you borrow $15,0000 at a fixed nominal interest rate of 7 percent per year. If annual inflation turns out to be 10 percent, what is the real rate of interest?

  Solve the optimization problem of the consumer

A consumer lives for two periods (the present and the future). His income in period 1 is 100. His income in period 2 is 200. Prices of the single consumption.

  Which plan provides the best use of the farmers capital

A farmer just purchased a tractor for which he had to borrow $20,000. The bank, using an 8% interest rate, offered a choice of three payment plans as shown below. The farmer’s Minimum Attractive Rate of Return (MARR) is 15%.

  How much does demand change when the price changes

Price elasticity of demand refers to the percentage change in demand resulting from a percentage change in price. Please review the definition of relative inelasticity and relative elasticity. These terms refer to how much demand changes based on ..

  Analyze risk factor associate with each financial instrument

Analyze the risk factors associated with each financial instrument used by companies. How was the domestic and global economy affected by the financial crisis?

  What is the cross-price elasticity of demand

John Doe's preferences reveal that good X and good Y are perfect substitutes. John also always maximizes his utility given his income. Holding everything else constant, what is the cross-price elasticity of demand given these two price scenarios

  How is the u.s. economy different from a command economy

How is the U.S. economy different from a command economy and Can the U.S. economy be called a true free market economy?

  The three funding measures

The three funding measures which considers the relative financial contributions which has been imposed on the individuals are direct measures that increase the liability of the individuals to pay the initial expenditures out of their pockets and then..

  Derive the labor supply functions in detail

Derive the labor supply functions that are associated with the three utility functions given below (that is, derive the functions that are associated.

  Why marketable permits lead to the optimal outcome

Many environmentalists, or general members of the public, are horrified by the notion of marketable pollution permits. They argue that big corporations should not be able to buy the right to pollute the environment. Make the counter-argument.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd