Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1) It is suggested that perfectly competitive firms are price takers. Although one rarely, if ever, has an opportunity to test this in the real-world, it is equally rare that the customer goes into any business establishment and tells the seller what the price is. If sellers are price takers and buyers don't dictate price, where does price come from in perfectly competitive markets? Explain
2. The following table shows the total cost for a product of perfectly competitive firm that sells for $20 per unit. (4 points)
Q TC MC MR TFC TVC ATC AVC
0 30
1 55
2 75
3 85
4 100
5 120
6 145
7 185
a. Complete the table above
3) In the short-run , information about a perfectly competitive firm's fixed costs are needed to determine both, the profit maximizing level of output and the amount of profit earned when producing that level of output.
4) Zero economic profit includes a normal return for business owner. However, how do we know that the business owner will be satisfied with zero economic profit?
Why are some countries today much poorer than other countries? Are today’s poor countries destined to always be poorer than today’s rich countries? If so, describe why. If not, describe how today’s poor countries can catch or even pass today’s rich c..
this activity will require you to access at least a portion of the federal budget as well as a state local and an
the demand curve is given byqd 500 - 5px 0.5i 10py - 2pzwhereqd quantity demanded of good xpx price of good xi
Report . The rise of China - a new leader for a new world? Provide data for all the questions, graphs , Charts , numbers Please avoid plagiarism
A consumer's utility function is given by U(X,Y)=X*Y. The customer has $576 to spend. Px=16 & Py=4. How much total utility does the consumer receive? How much X & Y should the consumer purchase to maximize her utility?
Describe what would be the likely outcomes in the economy. Use the appropriate tools of analysis, such as aggregate demand and aggregate supply where appropriate, to justify and explain your answer.
Identify methods and tools common to addressing economic challenges in the health care industry - Discuss how the methods and tools identified relate to health care reform.
Provide a cost-benefit analysis for a company which has to decide whether to hire more staff or hire temporary workers to meet production schedules. Determine how managers would use your cost-benefit analysis to make this decision.
The important Occupancy Ratio is computed
write a three to four 3-4 page paper that addresses the questions below.debate whether or not economics apply to health
suppose that the miles-per-gallon mpg rating of passenger cars is a normally distributed random variable with a mean
you will apply economic principles presented in weeks one through three in this weeks assignment. your assignment
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd