Which of these types of firms can earn a positive economic

Assignment Help Business Economics

Reference no: EM1364509

Which of these types of firms can earn a positive economic profit in the long run?

a. monopolies, but not competitive firms or monopolistically competitive firms

b. monopolies and monopolistically competitive firms, but not competitive firms

c. monopolies, monopolistically competitive firms, and monopolies

d. None of the above are correct.

Reference no: EM1364509

Questions Cloud

What are the purposes of accounting codes : What are the purposes of accounting codes? How are they used? What are some examples of codes used by manufacturing firms, accounting firms, and merchandising firms?

Develop a cost factor to estimate non-recurring tool : Recurring tooling would not be a good cost driver and you can't have a factor with a cost-to-cost relationship

Intercollegiate sport programs : The intercollegiate sport programs at your school are in bad financial shape. Because of large losses, the students have been asked to increase their student fees by $100 per semester to maintain the programs.

Calculate the value of company : Gided Cage Corporation uses no debt. The weighted average cost of capital is 15%. The current market value of the company is $60 million. The corporate tax rate is 40%.

Which of these types of firms can earn a positive economic : Which of these types of firms can earn a positive economic profit in the long run.

Create application to enter five-digit credit card number : Create an application that allows the user to enter a five-digit credit card number; assume that the fifth digit is the check digit.

Price variance and quantity variance : Explain why the quantity purchased is used in computing the direct materials price variance, but the actual quantity consumed is used in computing the direct materials quantity variance.

The financial planning process : Assume a number of your friends have organized a company to develop and sell a new software product. They have asked you to loan them $10,000 to help get the corporation started,

Religious beliefs among native americans : Religious beliefs in China and religious beliefs among Native Americans are difficult to separate from beliefs about the material world.

User Account

All Pages