User Account

All Pages

Maximizes profits in competitive markets

Assignment Help Macroeconomics
Reference no: EM131334955

How come when marginal revenue = marginal cost it maximizes profits in competitive markets? It seems that if marginal revenue was much higher than marginal cost that that would be the most profit earned for the firm.

Reference no: EM131334955

Questions Cloud

Review the characteristics of each material : Consult a semiconductor electronics text and note the extensive use of germanium and silicon semiconductor materials. Review the characteristics of each material.
Should the lease be made : Estimated salvage is $10,000. If Darling requires a 20 percent after-tax return on equipment it leases, should the lease be made?
Prepare the statement of stockholders equity section : Prepare the Statement of Stockholders Equity Section. There are 60,000 shares authorized by the company and 45,000 shares issued and outstanding and 4,000 shares subscribed at $30 a share.
Simple example of choice : Explain how a 4-period moving average time series can be constructed manually. You can use a simple example of your choice.
Maximizes profits in competitive markets : How come when marginal revenue = marginal cost it maximizes profits in competitive markets? It seems that if marginal revenue was much higher than marginal cost that that would be the most profit earned for the firm.
What would be the annual end of year payments : Lobo Banks normally provides term loans that require repayment in a series of equal annual installments. If a $10 million loan is made, what would be the annual end-ofyear payments.
Money and the prices in the long run and open economies : Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years.
What is the current sensitivity : Design a 20-A ammeter using the above movement. Show the circuit and component values.
What is the effective interest cost of the loan : Set up the amortization schedule for a five-year, $1 million, 9 percent loan that requires equal annual end-of-year principal payments plus interest on the unamortized loan balance. What is the effective interest cost of this loan?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Individual: conversion program

Tsubo is a Japanese unit of measure for area. 1 Tsubo is equal to 35.58 square feet. Write a program that asks the user if they want to convert from Tsubo to square feet or from square feet to Tsubo.

  Stabilizing aggregate demand

Assume banks install ATM on every block and, through making cash readily available, decrease the value of money people want to hold.

  Removal of barriers to foreign direct investment

How would privatization, deregulation and the removal of barriers to foreign direct investment affect the efficiency of business, new business formation, and the rate of economic growth in India during the post-1990 time period?

  Suppose that at time t-1 inflation is zero and there were

suppose that at time t-1 inflation is zero and there were no shocks in the economy. at time t there is a positive

  What happens to the interest rate and investment

Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change? Does your answer depend on marginal propensity to consume.

  Form of economic policy used to fight inflation

Contractionary monetary policy is a form of economic policy used to fight inflation which involves decreasing the money supply in order to increase the cost of borrowing which in turn decreases GDP and dampens.

  Difference between a limit check

So what is the difference between a limit check and a length check e.g in the case of creating agoogle account page.

  Why governments budget deficit might be in a large deficit

Explain why the government's budget deficit might be in a large deficit. What would the effect on aggregate demand and Gross Domestic Product (GDP) be if the government cut public spending by 10%?

  As it will be possible for the large money center banks

You do not like this as it will be possible for the large money center banks in Washington, Las Vegas to open branches in your banks geographic market area.

  Draw a graph illustrating the initial equilibrium

At the same time suppose that the price of corn syrup, a key ingredient in many soft drinks, rises. Draw a graph illustrating the initial equilibrium and the new equilibrium after these described changes. Provide a verbal description of the outcome i..

  The present spot exchange rate and the exchange rate.

The present spot exchange rate is $1.55/£ and the 3M forward rate is $1.50/£. On the basis of your analysis of the exchange rate.

  Identify also explain the different functions performed

Identify also explain the different functions performed in the electricity supply sector by several different types of electric utilities in these markets.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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