When are firms likely to enter an industry? When are they likely to exit an industry?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
When firms in an industry are earning ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Micro Economics questions
-
True or False: 1. Because the short run is too brief for new firms to enter the market, the market supply curve is the vertical summation of the supply curves of existing firms. 2. As new firms enter...
-
What is a price taker? When are firms likely to be price takers?
-
Take a look at the reasons why cartels collapse presented in this chapter. For each of the following pairs, choose the case where the cartel is more likely to stick together. a. An industry where its...
-
The United StatesMexicoCanada Agreement replaced what trade agreement?
-
(Amortization ScheduleEffective-Interest) Assume the same information as E14-6. Set up a schedule of interest expense and discount amortization under the effective-interest method.
-
One of Hope Ltds customers has become insolvent. As a result the amount owed to Hope Ltd has become a bad debt. Which of the following is the consequence? A. Hope Ltds current ratio has increased. B....
-
The case history in this section of the book discussed a large two-pole motor, operating on a 60 Hz-power, sleeve-bearing machine with high axial vibration at 7,200 cpm. The motor was 2,500 hp, and...
-
Required a. Name an asset use transaction that will not affect the income statement. b. Name an asset exchange transaction that will affect the statement of cash flows. c. Name an asset source...
-
What is the difference between training and development and what are the three steps included in both? What are the different types of power played within the organization and its potential effects.
-
1. How comparable are the two different methods? In what ways are they similar? In what ways are they different? 2. What are the positive and negative aspects of each approach that Shocker should...
-
Suppose you decide to open a copy store. You rent store space (signing a one-year lease to do so), and you take out a loan at a local bank and use the money to purchase 10 copiers. Six months later,...
-
According to a news story, the Boston-based game company Proletariat launched its first mobile game, World Zombination, after having "spent nearly 18 months and $2 million to develop it." In the...
-
Estimation of the viscosity of methyl fluoride. Use Figure 1.3-1 to find the viscosity in Pa s of CH3F at 370 o C and 120 atm. Use the following values for the critical constants: T c = 4.55 o C, P...
-
To decide on your Grade Goal, respond to the questions below. Why are you taking this class? What do you want to get from this class? What is the end result that you need from this class? What are...
-
Simplify. Assume that b is positive. 2 (16b12) 2
-
What criteria to consider when selecting an app for partnership to cross promote each other's app on the Google Play Store? Include source.
-
What are the books and sites you would recommend for someone starting to learn Javascript? Which libraries and frameworks should I spend time on?
-
If 1.5 liters of 13.5 M Mgl2 is diluted to a final concentration of 8.9 M, what is the final volume of the diluted Mgl2 in liters?
-
Grant Wood Corporation?s balance sheet at the end of 2019 included the following items. The following information is available for 2020. 1. Net income was $55,000. 2. Equipment (cost $20,000 and...
-
Subtract the polynomials. (-x+x-5) - (x-x + 5)
-
Suppose that a perfectly competitive firm finds a way to differentiate its product and become a monopolistically competitive firm. a. Explain how the graph showing the firms demand, marginal revenue,...
-
What is an oligopoly? Give three examples of oligopolistic industries in the United States.
-
An article in Forbes described these characteristics of the airline industry: Airlines arent like normal consumer businesses. Infrastructure including aircraft, gates and runways takes years to put...
-
Describe a time when you had to stop a client's violent or destructive behaviour. What did you do? What would you have done differently?
-
Analyze the integration of digital technologies, such as process simulation, computational fluid dynamics (CFD), and advanced control systems, in achieving process intensification, focusing on...
-
When monochromatic light of an unknown wavelength falls on a sample of copper, a minimum potential of 2.49 V is required to stop all of the ejected photoelectrons. (The work function for copper is...
Study smarter with the SolutionInn App