Why the consistent drop in the price of mp4 players

Assignment Help Microeconomics

Reference no: EM13184626

The price of MP4 players has been going down in the past decade. Give an explanation for this consistent drop in the price of MP4 players. Use the model for long run competitive firm to illustrate your answer.

Draw two graphs. One is to show the long run average cost for the firm. The other is to show the long run supply curve for the industry.

Reference no: EM13184626

Questions Cloud

Contribute to the start of the french revolution : Why did the French royal government fail to put into action and reforms proposed in royal ministers and how did this contribute to the start of the French Revolution? What made Louis XVI agree in August 1788 to call the Estate General for 1789?

Explain polyethylene molecules in a solution : Suppose polyethylene molecules in a solution can exist in either a random-coil conformation or in a fully stretched-out conformation. The stretched-out conformation is 2.4 kJ/mol higher in energy than the random-coil conformation.

State hexane and ethyl alcohol : A) aqueous naoh and ch3ch2co2h B) aqeous naoh and c6h5so3h c) ch3ch2Li in hexane and ethyne d) ch3ch2Li in hexane and ethyl alcohol

Describe the story told in the book of tobit : Describe the story told in the Book of Tobit. What is its genre, when is it thought to have been composed, and what is the point (or points) of the story?

Why the consistent drop in the price of mp4 players : The price of MP4 players has been going down in the past decade. Give an explanation for this consistent drop in the price of MP4 players. Use the model for long run competitive firm to illustrate your answer. Draw two graphs. One is to show the ..

Compute the molarity of the kmno4 solution : calculated was contained in 23.80 mL of KMnO4 solution. calculate the molarity of the KMnO4 solution.

State what is the overall charge state for the tetrapeptide : 1) What is the overall charge state for the tetrapeptide DREAM at physiological pH. The pK values for N-terminal, C-terminal, side chain of asp, arg, glu are 9.0, 3.5, 3.9, 12.5, and 4.1

Compute the stoichiometric air-fuel ratio : calculate the stoichiometric air-fuel ratio of a fuel blend containing 80 vol.% ethanol and 20 vol.% gasoline

Why the company thought they would be flatter or steeper : Why does google care weather people think it is large or small? Do highway billboards actually provide competition for Google. Briefly explain. Please state wheather the actual demand were a)to the right or to the left the where the company thou..

User Account

All Pages