What happens in a market where economic profit

Assignment Help Business Management
Reference no: EM132104703

When there are no significant barriers to entry, what happens in a market where economic profit is initially positive? Does competition always result in an efficient outcome in the long run?

Reference no: EM132104703

Questions Cloud

Determine the location of the image : A light bulb is 60cm from a concave mirror with a focal length of 20cm. Use ray tracing to determine the location of its image.
What are the different levels of information groups : What types of decisions do users need to make by accessing the information systems? What are the different levels of information groups?
What ethical responsibility does company have to customers : What ethical responsibility does a company have to its customers/employees when a data breach occurs?
Demand one time period older than the most recent data : How much weight is given to the demand one time period older than the most recent data?
What happens in a market where economic profit : When there are no significant barriers to entry, what happens in a market where economic profit is initially positive?
Think about your own community and the threats to security : Discuss how local law enforcement and a private security agency would address those threats in your community.
When attempting to understand the reactions of employees : What schools of organizational theory and behavior come into play when attempting to understand the reactions of employees?
What is the james speed : James (mass 95.0 kg ) and Ramon (mass 57.0 kg ) are 20.0 m apart on a frozen pond. Midway between them is a mug of their favorite beverage.
Influence the structure and productivity of the organization : you have been introduced to a wide variety of variables that will influence the structure and productivity of the organization.

Reviews

Write a Review

Business Management Questions & Answers

  Describes the challenges faced by your organization

Once you have identified such an organization you must write a minimum two page (600 words) paper that specifically describes the challenges faced by your organization. And answer the questions - What are they doing about these challenges

  Development to devising alternative strategies

Why do many firms move too hastily from vision/mission development to devising alternative strategies?

  Evaluate the way company treats its employees and customers

You have just been hired by a company to evaluate way company treats its employees, suppliers, and customers. Create an analysis of ethical theories the company would want to use to show employees that it cares about them.

  What is the law of diminishing marginal productivity

What is the law of diminishing marginal productivity? How does the law of diminishing marginal productivity affect the cost of productions? Can you provide an example from your workplace?

  Implementation of corporate social responsibility

Implementation of corporate social responsibility initiatives provides various benefits to organisations. These benefits outweigh the costs of such initiatives. Discuss.

  What is a portfolio of investments

Is one measure better than another? -  What is a portfolio of investments?-  What is a well-diversified portfolio?

  Perceptions of quality play

What role do the product life cycle, competition, and perceptions of quality play in Acid+All's suggested retail price?

  Determining the management healthcare

Strategic Thinking and Tactical Strategies, and Competitive Advantage" Please respond to the following:

  Discussion on value stream mapping, construction

What is value stream mapping and how might it be applied in your organization? Please provide an example of a value stream map either from Construction company or from research on another company.

  What impact could each have on the service envvironment

According to Danny Meyer, who are the 5 primary stakeholders in the cycle of enlightened hospitality ( in order)? Why does he rank them this way?

  Benefits and disadvantages using cookies to

benefits and disadvantages using cookies to companycustomerwhat are the benefits to a company that uses cookies to

  Expected rate of return

Irving owns a chain of movie theaters. He is considering whether he should build a new theater downtown. The expected rate of return is 15 percent per year. He can borrow money at a 12 percent interest rate to finance the project. Should Irving pr..

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