Firm should possess and master an information or knowledge

Assignment Help Macroeconomics
Reference no: EM13335451

It has been suggested that a profit maximizing firm should possess and master an information or knowledge set that includes among many things, the selling price of its output. Explain why this is necessary. Be specific.

Reference no: EM13335451

Questions Cloud

Explain what is the ph of a saturated solution of ba(oh)2 : What is the pH of a saturated solution of Ba(OH)2 at 25oC? For Ba(OH)2, Ksp=5.0x10-3.
Why is it the case that a firm’s total variable cost curve : Why is it the case that a firm’s total variable cost curve begins at the origin AND slopes upwards from left to right? Explain both scenarios. Be specific.
Identification of the difficulties the managers : ·Identification of the difficulties the managers may be having in establishing self-directed, high-performing teams
Calculate the speed the child will have : A 80- kg child sits in a swing suspended with 2.8- m-long ropes. Use conservation of energy to determine the speed the child will have at the bottom of the arc when she is let go
Firm should possess and master an information or knowledge : It has been suggested that a profit maximizing firm should possess and master an information or knowledge set that includes among many things, the selling price of its output. Explain why this is necessary. Be specific.
Explain the ksp values for agcl(s) and ag2cro4 : Calculate [Ag+] when a precipitate first appears and identify the precipitate. The Ksp values for AgCl(s) and Ag2CrO4(s) are 1.8×10?10 and 1.1×10?12, respectively. (b) Calculate [Cl? ] and [CrO42? ]
Describe the behavior of costs per unit in its downward : In the case of a firm’s long run average total cost curve: 1) identify the INdependent and DEpendent variables and 2) describe the behavior of costs per unit in its downward-sloping segment.
Determine what is the firms corporate cost of capital : Generic Health Services has a target capital structure of 30 percent debt and 70 percent equity. Its cost of debt estimate is 12 percent and its cost of equity estimate is 16 percent.
What moral philosophies were sid : 1. What moral philosophies were Sid, Glenna, and Ron using?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Elucidate the historical relationship between unemployment

Elucidate the historical relationship between unemployment and inflation.

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Describe how each of the 4 factors contributed to elasticity

Choose a product you have purchased in the past month from a clothing or shoe store. Describe how each of the 4 factors contributed to the elasticity of the good. Is the product considered elastic, inelastic, or unitary elastic

  Determine same level of satisfaction

Debra listens only to either Frank Zappa or Weird Al Yankovic. She currently purchases 20 Zappa and 30 Yankovic downloads per week. She would forgo Yankovic downloads for one Zappa download at the rate of 2 to 1

  Dutch pension funds holding u.s. government bonds

Explain. Problems and Applications a. Dutch pension funds holding U.S. government bonds b. U.S. manufacturing industries c. Australian tourists planning a trip to the United States d. an American firm trying to purchase property overseas

  Which bills become laws in equilibrium of sequential game

It is often suggested that giving the president a line-item veto would be a good way to make government work more eciently, as then he would not have to veto entire bills just because he felt one provision of the bill would make a bad law.

  What is the percentage of this problem a country has

What is the percentage of this problem a country has a population of 2,130,819, and another country's has a population of 11,862,740 what is the percentage when you compare the two countries?

  Define the effect of decrease in capital

Consider a country where the velocity of money is constant. Real GDP grows by 3% per year, the money stock grows by 4% per year, and the nominal interest rate is 3%.Using the approximate Fisher Equation what is the real interest rate in the economy..

  Find all pure-strategy nash equilibria in the game below

Find all pure-strategy Nash equilibria in the game below. List each Nash equilibrium in (Player 1’s Strategy, Player 2’s Strategy) form.

  Illustrate what is the current expected price of the stock

Illustrate what is the current expected price of the stock. What is the expected price of the stock at Year 6.

  Expalin why do many economists believe that the market

Expalin why do many economists believe that the market system is the most efficient economic system for allocating resources.

  What is appropriate balance in private and public activities

What is the appropriate balance between private and public (i.e., government) activity Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market

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