What triggers exit in a competitive market? Describe the process that ends further exit.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
When firms in a competitive market are incurring a...View the full answer
Answered By
Dinesh F
I have over 3 years of professional experience as an assignment tutor, and 1 year as a tutor trainee.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
In a competitive market, the industry demand and supply curves are P = 200 - .2Qd and P = 100 + .3Qs, respectively. a. Find the markets equilibrium price and output. b. Suppose the government imposes...
-
In a competitive market, the industry demand and supply curves are P = 70 - QD and P = 40 + 2QS, respectively. a. Find the markets equilibrium price and output. b. Suppose that the government...
-
What triggers entry in a competitive market? Describe the process that ends further entry.
-
What is the potential difference across one wire of a 30-m extension cord made of 16-gauge copper wire carrying a current of 5.0 A?
-
In Reliability Ques (March 2004), the exponential distribution was used to model the lengths of life of CD-ROM drives in a two-drive system. The two CD-ROM drives operate independently, and at least...
-
A microphone is attached to a spring that is suspended from the ceiling, as the drawing indicates. Directly below on the floor is a stationary 440-Hz source of sound. The microphone vibrates up and...
-
For the manufacture of di-tertiary-butyl peroxide in Example 9.7 synthesize an alternative process and show the flow rate and composition of each stream. Data From Example 9.7:- This example involves...
-
Blanker, Inc., has paid a regular quarterly cash dividend of $0.50 per share for several years. The common stock is publicly traded. On February 21 of the current year, Blankers board of directors...
-
INFORMATION As a management accountant, you have recently been recruited to be part of the strategic management accounting team of GHK Accountants. GHK Accountants has been contracted to help...
-
1. Provisions include legal and constructive obligations. 2. Amortized cost uses either effective interest method or straight-line method. 3. The foreign currency gain or loss for a note payable is...
-
In perfect competition, when market demand decreases, explain how the price of the good and the output and profit of each firm changes in the short run.
-
Describe what happens to output, price, and economic profit in the short run and in the long run in a competitive market following: 1. An increase in demand. 2. A decrease in demand. 3. The adoption...
-
Which is true for bonds issued by all agencies of the U.S. government? a. They become direct obligations of the U.S. Treasury. b. They are secured bonds backed by government holdings. c. They are...
-
Simplify: -5252 +545-328-15 (entry tip: to type type "5sqrt(3x)" - no quotes) Add Work Calculator Check Answer
-
Write at least five (5) examples of commonly occurring conflict situations in the tourism, travel and hospitality and event industries and their typical causes.
-
what you have learned about individuals, families, organizations, and societal systems. What surprised you the most? What had the most impact on how you see the world?
-
Question 4 Investor constitutes a portfolio by investing equal proportions in stocks A and B. Financial Situation Probability Return Stock A Return Stock B Good 0.4 20% 10% Stable 0.4 5% 0% Bad 0.2 -...
-
You start out by driving 118 miles north in 4 hours and 36 minutes, and then you stop and park for a while. Finally you drive another 47 miles north in 3 hours and - minutes. The average velocity for...
-
In Exercises 11 and 12, classify each function as a polynomial, a power function, or a rational function. If the function is not one of these types, classify it as different. a. f(x) = -2 + 3x + 5x4...
-
14. In testing the existence assertion, an auditor ordinarily works from the a. Financial statements to the accounting records. b. General journal to the general ledger. c. Supporting evidence to the...
-
Saving equals ________. A. Income minus consumption expenditure minus net taxes B. Income minus net taxes C. Total income minus total expenditure D. Net taxes minus government expenditure
-
The expenditure approach to measuring U.S. GDP equals _________. A. The sum of U.S. consumption expenditure and U.S. investment B. U.S. government expenditure minus taxes paid by Americans C. All...
-
When using the income approach to measure GDP at market prices, in addition to summing all factor incomes it is necessary to ________. A. Subtract depreciation because profit is not reported as net...
-
A couple obtained a $20,000 mortgage loan at an interest rate of 10.5% compounded monthly. (Original principal equals to PV of all payments discounted at the interest rate on the loan contract) (1)...
-
What strategies and tactics are employed to manage strategic risks and uncertainties, including geopolitical instability, supply chain disruptions, and emerging competitive threats, while preserving...
-
How do strategic planners integrate ethical considerations and sustainability imperatives into strategic planning processes, balancing short-term financial objectives with long-term societal and...
Study smarter with the SolutionInn App