The main reason firms may exit a market

Assignment Help Business Economics
Reference no: EM13798132

The main reason firms may exit a market is because of:

the lack of economic profits.

decreased technology.

expensive labor.

high capital costs.

Reference no: EM13798132

Questions Cloud

Consumer surplus decreases : Other things held constant, consumer surplus decreases as:
Suppose the marginal product of capital : Suppose the marginal product of capital is 16 and the marginal product of labor is 3. If the price of capital is $4 and the wage rate is $3, then in order to minimize costs the firm should use:
The market supply curve is the curve that summarizes : The market supply curve is the curve that summarizes:
Why is nursing job of the future in regards to flexibility : Why is nursing the job of the future in regards to flexibility, income, and saving of lives?
The main reason firms may exit a market : The main reason firms may exit a market is because of:
More expensive bundles of inputs are associated with : For given input prices, more expensive bundles of inputs are associated with:
Assignment consumer traits and behaviors : Analyze how social and cultural settings influence consumer behavior.
What is the real gain : An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The nominal GDP in 2000 was $672 billion and $1,690 billion for 2010; the real interest rate was 6.79% in 2000 and 3.71% in 20..
A luxury good is defined as one for which : A luxury good is defined as one for which:

Reviews

Write a Review

Business Economics Questions & Answers

  Competitive markets normally lead profit maximizing firms

”Most commercial fish species in nearly every ocean and sea are being rapidly depleted in what marine biologists and other specialists warn is evolving into one of the worst ecological disasters of modern times. According to the United Nations, the w..

  Describe political and social impacts of this association

Describe political and social impacts of this association. Are regional trade associations beneficial for global economy. For members of association.

  Wacc break point that is associated with retained earnings

If MMM's capital structure consists of 25% debt and 75% equity, stated in total funds, what is the WACC break point that is associated with retained earnings

  In the case of perfect substitutes

Use a diagram to explain the following: In the case of perfect substitutes, if the ratio of input prices equals the MRTS, will a unique solution to the firm's cost-minimization problem exist? In the case of perfect substitutes, if the ratio of input ..

  Comparative advantage in producing sugar

Suppose labor productivity differences are the only determinants of comparative advantage, and Brazil and Chile both produce only coffee and sugar. In Chile, either 5 units of coffee or 2 units of sugar can be produced in one day. In Brazil, a day of..

  Cause a decrease in the quantity supplied at each price

Assume the supply function for good X can be written as Qs = -100 + 27Px - 5Py - 1.8W, where px=the price of x, Py=the price of good y, and w = wage index for workers in industry x. According to this equation: 1. each one unit increase in price cause..

  The study of government regulation and the competitive

The study of government regulation and the competitive environment for business is relevant to all those who study business. All business candidates need to understand how the competitive environment will impact their employers and businesses.

  What is present investment according to classical economists

The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is present investment according to classical economists.

  Start with population-kick out all those not in labor forces

The following information is for the US economy in 1998: Find the US labor force, the number unemployed and the unemployment rate for 1998. Numbers are in millions. Hint: start with population and kick out all those not in the labor forces.

  Borrowing in the form of debt is riskier than borrowing

Borrowing in the form of debt is riskier than borrowing in the form of equity. Explain why this is true.

  Policy will stimulate greater spending by consumers

Consider two policies: a tax cut that will last for only one year and a tax cut that is expected to be permanent. The______ policy will stimulate greater spending by consumers. The______ policy will have the greater impact on aggregate demand.

  Industrys marginal revenue product equals the income rate

When a industry's marginal revenue product equals the income rate, marginal revenue also equals marginal cost.

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