Type of business structure-perfectly competitive

Assignment Help Business Economics
Reference no: EM13998339

Select one business and discuss the type of business structure this firm has. Discuss the following questions: 1. identify the business and determine the general type of business structure—perfectly competitive, monopolistically competitive, oligopoly, or monopoly. 2. Name the attributes of this business that you believe determines its market structure. 3. Why did this firm select this type of business structure?

Reference no: EM13998339

Questions Cloud

Producing wheat and producing beef at a constant rate : Assume Adia and Zardia can switch between producing wheat and producing beef at a constant rate: In one hour, Andia can produce 3 Bushels of wheat and 5 pounds of beef. At which of the following prices would both Andia and Zardia gain from trade with..
Determine the single sum of money occurring : ABC Company purchases a machine for $40,000, keeps it for six years and sells it for $5,000. During the time the machine was used by the company, O&M cost totaled $5,000 the first year, $6,000 the second year, $8,000 the third year, $9,500 the fourth..
Articles regarding the current global economic crisis : Locate two recent articles regarding the current global economic crisis.
Experimental composite engine block for an automobile : An experimental composite engine block for an automobile will trim 20 pounds of weight compared with a traditional cast iron engine block. It is estimated that at least $2,500 in life-cycle costs will be saved for every pound of weight reduction over..
Type of business structure-perfectly competitive : Select one business and discuss the type of business structure this firm has. Discuss the following questions: identify the business and determine the general type of business structure—perfectly competitive, monopolistically competitive, oligopoly, ..
In the romer endogenous growth model : In the Romer endogenous growth model, what three factors determine an economy’s growth rate? Briefly explain (and ideally show in an impulse-response diagram) how a change in each factor affects growth.
Population growth rates account : Could differences across countries in population growth rates account for the persistence in income disparity across countries? Use the Solow growth model to address this question and discuss.
An increase in the saving rate will increase the equilibrium : Discuss the following proposition: “An increase in the saving rate will increase the equilibrium capital-output ratio and so increase both output per worker and the rate of economic growth in both the short run and the long run.”
Research the impact of trade on jobs in that country : Select a country and research the impact of trade on jobs in that country. Has international trade lead to an increase in the unemployment rate in the country? Which export industries have created jobs? Which import industries have lost jobs? Need ci..

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 what steps can a government take to ensure that

q1. what steps can a government take to ensure that sustainable development is always considered in assessing which

  Qsubmit a 250- to 300-word response addressing two of the

q.submit a 250- to 300-word response addressing two of the following labor scenarios in the new housing marketa new law

  Who in the us government is responsible for computing

Who in the U.S. government is responsible for computing also reporting the consumer price index.

  What happens with the levels of law enforcement and crime

Graph the best response functions. Find the Nash Equilibrium of this game. What happens with the levels of law enforcement and crime (in Nash Equilibrium) when the cost of law enforcement c goes up?

  Two firms sell an homogeneous product

Suppose two firms sell an homogeneous product; they compete in prices. Their respective marginal costs are MC1(q) = 10 and MC2(q) = 20. Find the prices that form equilibrium (for simplicity and reality, assume that prices are quoted in units no small..

  Yolandas frozen yogurt

Demand curve is d1, what will be the change in her revenue. If her demand curve is d2 what will be the change in her revenue.

  Explain how would margaret''s indifference map look like

Explain how would Margaret's indifference map look like. What is the Marginal Rate of Substitution (MRSA,B) between good A and B.

  Corruption levels in an economy influences prices

This week there was news that some prices are rising. I heard that in some countries where corruption is high the prices are also higher. I wonder if there is causality or just both at same. It would be interesting to find some material to support if..

  Marketing the item losing money on the sale

If the marginal profit is negative for the sale of a certain number of units of a product, is the company that is marketing the item losing money on the sale? Explain.

  Corruption levels in an economy influences prices

This week there was news that some prices are rising. I heard that in some countries where corruption is high the prices are also higher. I wonder if there is causality or just both at same. It would be interesting to find some material to support if..

  How does this variation affect people and corporations

How does this variation affect people and corporations? Use the graph functions of Word or Excel to assist you-You will need two graphs.

  Calculate the efficient level of enrolment

The marginal cost of a college education is given by the equation MC = ½ Qs + 2, where Qs represents the national student enrolment in millions each year. The demand for a college education is given by the inverse demand function P = -½ Qd + 18. In a..

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