Fixed costs exist only in the short run

Assignment Help Macroeconomics
Reference no: EM13325959

Explain the statement: "Fixed costs exist only in the short run. In the long run there are no fixed costs." Why might the time frame for the "short run" differ from one industry to the next? Provide examples of two industries with different time frames for the short run

Reference no: EM13325959

Questions Cloud

Find out the molar absorptivity of the acidic : Determine the molar absorptivity of the acidic form of bromocresol green at 445 nm and at 615 nm. Given: Stock soln of bromoscresol green= 80.0 mg/L Molar Mass= 698.0 g/mol ?(445nm)=A445/[BG]
Combination of looming recession and persistent inflation : The U.S faces an unwelcome combination of looming recession and persistent inflation that is reviving angst about stagflation, a condition not seen since the 1970s
Segmentation targeting and positioning are interrelated : Segmentation, targeting and positioning are interrelated activities which are important to achieving a successful Marketing Mix. Discuss these concepts in theory and give practical examples of how they can be applied to one industry of your choice. E..
Explain the hypothetical ionic compound mx2 : Calculate the lattice energy (kJ/mol) of the hypothetical ionic compound MX2 from the information given below. IE1+ IE2 (M) = 1,487 kJ/mol M(s)
Fixed costs exist only in the short run : Fixed costs exist only in the short run. In the long run there are no fixed costs." Why might the time frame for the "short run" differ from one industry to the next? Provide examples of two industries with different time frames for the short run
Explain a buffer that contains 0.347 m of a base : A buffer that contains 0.347 M of a base, B and 0.483 M of its conjugate acid BH+, has a pH of 8.08. What is the pH after 0.00713 mol of HCl are added to 0.442 L of the solution
A professional lawn care service : What competitive advantage does Hazel have over a professional lawn care service
Evaluate the ph of a solution that results from mixing : Calculate the pH of a solution that results from mixing 32.8 mL of 0.157 M dimethylamine ((CH3)2NH) with 44.0 mL of 0.144 M (CH3)2NH2Cl. The Kb value for (CH3)2NH is 5.4 x 10-4
Define the reaction spontaneous in the forward direction : For a particular reaction, ?H° is 55.4 kJ and ?S is 94.1 J/K. Assuming these values change very little with temperature, over what temperature range is the reaction spontaneous in the forward direction

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd