User Account

All Pages

Perfectly competitive market

Assignment Help Business Economics
Reference no: EM131399067

Briefly explain whether it is possible for firms in a perfectly competitive market to earn zero economic profit even if they have incurred a sunk cost upon entry into the market. Given an example of such a cost.

Reference no: EM131399067

Questions Cloud

C++ program that accepts 10 values of gallons : (cin within a loop) Write and run a C++ program that accepts 10 values of gallons, one at a time, and converts each value entered to its liter equivalent before the next value is requested. Use a for loop in your program. Use the fact that 1 gallo..
How would you present a case to a court : Determine the information that you would need to know to best determine if there was a contract - How would you present a case to a court to show your client was the victim of a breach of contract, and how would you overcome the defenses to the all..
Contrast intrinsic-value and fair value method of accounting : Stock options are often granted as a form of executive compensation. In this discussion case, you will be exploring the fair-value and intrinsic-value method of accounting for stock options, as well as the controversies surrounding stock options. Com..
Respective handspans for males and females : Using the boxplots in given Figure, what can you say about the respective handspans for males and females? Are there any surprises, or do you see what you would expect?
Perfectly competitive market : Briefly explain whether it is possible for firms in a perfectly competitive market to earn zero economic profit even if they have incurred a sunk cost upon entry into the market. Given an example of such a cost.
C++ program that accepts six fahrenheit temperatures : (cin within a loop) Write and run a C++ program that accepts six Fahrenheit temperatures, one at a time, and converts each value entered to its Celsius equivalent before the next value is requested. Use a for loop in your program.
Display the uppercase letters of the alphabet backward : Display the uppercase letters of the alphabet backward from Z to A.
Quantity for an individual firm : Now, the government starts collecting a specific tax t. What is the effect on the long-run equilibrium market quantity, market price, and the quantity for an individual firm?
Data is an important component in capacity planning : “Would you agree that data is an important component in capacity planning? Why or why not? What do you feel is the role of data in a business, in regards to capacity planning, and how can it aid business leaders in making valid decisions? Why do some..

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate the unemployment rate and labor participation rate

If a nation is selling less goods and services to foreigners than it is buying from them, then on net it must be buying more assets abroad, then the value of domestic assets purchased by foreigners. By itself, the purchase of a U.S. bond by a foreign..

  Show these preferences are consistent and transitive

A person has a choice between only the following bundles: (1,1), (2,2) (3,3) (1,2) (1,3) (3,2) (3,1) (2,1) (2,3). The person’s preferences are that they prefer the bundle that has a bigger number when the x coordinate is divided by the y coordinate. ..

  Using the assumption of the past predicts the future

Using the assumption of the past predicts the future write an equation for the weight forecast. Do the same for the assumption of cause and effect. How does the concept of error play into each?

  What is the purpose of automobile insurance

The problem escalates in the fall of each year during deer mating season as more deer are one the move. While deer whistles and other vehicle warning systems appear ineffective in dealing with the problem, clearing brush in the road ditches to make d..

  What were the major tangible and intangible costs

When it started a century ago, marketing treated all customers the same. By the 1960s, marketers were able to break that anonymous mass into segments. Now customer databases allow them to treat customers as individuals. A system like the one above wo..

  Locational effect of varying prices in the weber model

What is meant by the locational effect of varying prices in the Weber Model? How does it impact a firm’s ultimate locational decision?

  Explain how inflation affects savings and investment

In economics, inflation is considered as a tax. There are also various costs of inflation. What is the inflation tax, and how might it explain the creation of inflation by a central bank? Explain how inflation affects savings and investment.

  A multinational engineering consulting firm that wants to

a multinational engineering consulting firm that wants to provide resort accommodations to certain clients is

  Cognitive evaluation theory is contradictory

The Cognitive evaluation theory is contradictory to reinforcement also expectancy theories.

  Reserves indicates that yuan depreciation

The article on China's $4 trillion of reserves indicates that the yuan's depreciation is due to

  Perspective-taking ability and cultural intelligence

Potential members of a negotiating team should be assessed at the selection stage for flexibility, perspective-taking ability, cultural intelligence, and positivity. Explain why each of these qualities equips managers to negotiate effectively in inte..

  What is the duopoly cournot equilibrium

What is the duopoly Cournot equilibrium - that is, the quantities produced by each firm - if the market demand function is q(p) = 1000 - lOOOp, and each firm has a cost of $0.28 per unit?

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