1. Why do economists seeking to study industry entry and exit measure the number of firms instead...
Question:
2. Why are we unable to conclude that large numbers of entries into and exits from all U.S. industries imply that all the industries are perfectly competitive?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
1 Because fundamentally independent economic decisions are made largely at the fir...View the full answer
Answered By
ALBANUS MUTUKU
If you are looking for exceptional academic and non-academic work feel free to consider my expertise and you will not regret. I have enough experience working in the freelancing industry hence the unmistakable quality service delivery
4.70+
178+ Reviews
335+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Why do economists make assumptions?
-
Why do economists include only final goods and services in measuring GDP for a particular year? Why dont they include the value of the stocks and bonds bought and sold? Why dont they include the...
-
Why do economists do comparative statics analysis? What role do endogenous variables and exogenous variables play in comparative statics analysis?
-
101, 115, 143, 106, 100, 142, 157, 163, 155, 141, 145, 153, 152, 147, 143, 115, 164, 160, 147, 150 (90%) Find the confidence interval of the median, indicated in parentheses, for the set of data.
-
Given vectors A = 2ax + 4ay + 10az and B = 5ap + a 3az, find (a) A + B at P(0, 2, 5 ) (b) The angle between A and B at P (c) The scalar component of A along B at P
-
At this point, the writer is considering adding the following sentence: Some of the papers even come hand-written, which makes it hard to tell the good from the bad. Would this be a logical and...
-
In 2014, these were the leading causes of death in the United States. Accidents: 136,053 Cancer: 591,699 Chronic lower respiratory disease: 147,101 Heart disease: 614,348 Stroke (cerebrovascular...
-
Janet Lopez is establishing an investment portfolio that will include stock and bond funds. She has $720,000 to invest, and she does not want the portfolio to include more than 65% stocks. The...
-
1 - Which activity did you select (case study or training) and why? 2 - What were two (2) pieces of information stood out to you in this activity? 3 - What do diversity, equity, and inclusion mean...
-
Below is the gist of an article from BusinessWeek. After reading it: a. identify the broad problem area b. explain how you would proceed further. Two years ago, Electronic Arts, the second-largest...
-
1. Why would a number of plastic-recycling firms continue to operate even though the market clearing price of recycled plastic is lower than their break-even price? 2. Why might daily variations in...
-
Suppose that the firm with the costs and revenues tabulated in Figure 23-2 is contemplating whether to produce 12 units of output. If it were to produce this many units, what (if anything) would...
-
Explain why piracy attacks on ships are a serious issue for todays logistics manager.
-
| Use the following to answer questions 13 - 17 The company's management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the following chart to assist in answering the...
-
A staff member on your audit team has performed a portion of the audit plan for the audit of Keystone Computers & Networks Inc., a nonissuer. The procedures involved selecting a random sample of...
-
The Better Chair Company manufactures high-end chairs in alpha division in a country with a 35% income tax rate and transfers these chairs to beta division in a country with a 40% income tax. An...
-
Lydex Companys financial statements for the last two years are as follows: Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash $ 1,020,000 $ 1,260,000 Marketable...
-
A) Persons A, B and C plan to have a game night. They arrive independently of each other such that the probability of A arriving is 0.4, B 0.5 and C 0.3. Answers to three decimal places - What is the...
-
Superconductors a. have no electrical resistance b. have very little electrical resistance c. are used in making transistors d. have no practical applications
-
Sandcastles, Inc.s management has recently been looking at a proposal to purchase a new brick molding machine. With the new machine, the company would not have to buy bricks. The estimated useful...
-
The E-Commerce Dimension How might the Internet expedite formal rulemaking procedures such as those required by the U.S. Court of Appeals for the Ninth Circuit in this case? Discuss.
-
The Ethical Dimension Is it ethical for an administrative agency to reverse or otherwise alter its policy when the change increases the financial burden on the regulated parties? Explain.
-
Suppose that the SEC asserts that it has always had the statutory authority to pursue persons for insider trading regardless of whether they personally profited from the transaction. This is the only...
-
Superior Micro Products uses the weighted - average method in its process costing system. Data for the Assembly Department for May appear below: Materials Labor Overhead Work in process, May 1 $ 1 9...
-
Vista Distributors purchases inventory in crates of merchandise. Assume the company began July with an inventory of 30 units that cost $300 each. During the month, the company purchased and sold...
-
Blue Company changed depreciation methods in 2025 from double-declining balance to straight-line. Depreciation prior to 2025 under double-declining-balance was 592,400, whereas straight-line...
Study smarter with the SolutionInn App