Presence of positive economic profits

Assignment Help Macroeconomics
Reference no: EM131198017

Describe an episode in which what appeared to be the presence of positive economic profits attracted entry to a market. It should describe the nature of the market and the circumstances surrounding the entry of new firm(s).

Reference no: EM131198017

Questions Cloud

Marine transaction and commercial : Enumerate the common areas where frauds and disputes normally take place in internationally marine transaction and commercial shipping , and state the common precautions to be taken by international buyer and sellers to prevent the possibilities o..
What is a black swan event : 1. What is a Black Swan event? 2. Does it ever make sense a priori to devote resources to preventing a black swan event? Explain. 3. Does it ever make sense a priori to devote resources to containing a black swan event should one occur? Explain.
At that reserve price what is the expected profit : What is the best reserve price?- At that reserve price, what is the expected profit? - At that reserve price, what is the standard deviation of profit?
Aw materials-labor expense-utilities and rent : During a year of operation, a firm collects $175,000 in revenue and spends $80,000 on raw materials, labor expense, utilities, and rent. The owners of the firm have provided $500,000 of their own money to the firm instead of investing the money and e..
Presence of positive economic profits : Describe an episode in which what appeared to be the presence of positive economic profits attracted entry to a market. It should describe the nature of the market and the circumstances surrounding the entry of new firm(s).
Examine the challenges faced by the hr team : Discuss the significance of HR playing a major role in delivering the strategic goals of the organisation at Mitchells & Butlers. Examine the challenges faced by the HR team in transforming the HR strategy through their various HR practices
Explain whether the resource cost is explicit or implicit : For each one of the costs below, explain whether the resource cost is explicit or implicit, and give the annual opportunity cost for each one. Assume the owner of the business can invest money and earn 10 percent annually. Computer programmers cost $..
Identify and explain stakeholder organization perspective : Identify and explain stakeholder organization perspective: Payer (insurers, government payers, and employers); Provider (entities and individuals providing services in the health care system); Patient (consumers).
Concerns in the absence of government intervention : What can we as private individuals do to address these concerns in the absence of government intervention? Are such private solutions likely to be effective?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation and output ratio

Suppose that natural real GDP is constant.  For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent.

  Manufacturing of smartphones

The price of processors used in the manufacturing of smartphones has fallen. What would be the likely effect of this on the smartphone market?

  How could you increase both the quality and quantity

Suppose you introduced a new consumer food product and invested heavily in (1) national advertising (pull strategy) and (2) motivating your field sales force to sell the product to food stores (push strategy). What kinds of feedback would you re..

  Why is it unusual for yields on longer term

Suppose the yield to maturity on a 2 year treasury note was 4.5 while the yield on a 1 year not was 5.5 assume that neither treasury note had coupon payments so the only payment was he face value received when the note matured.

  Deposit currency ratio and cash reserve ratio

Assume an economy in which the reserve ratio is 15 percent, people hold 10 percent of their deposits in the form of cash, and there are no other leakages.

  Projected revenue from a project

The interest rate is 5%. A firm's projected revenue from a project is $100M and the project costs are $97M

  Textbooks in two markets

Assume you inherit 40 copies of the textbook for ECON 3125. You plan to sell these textbooks in two markets: directly to students on campus, and sell them online on ebay.

  Discuss how managers use the elasticities measurement

Discuss the meaning of the regression coefficient of the independent variable(s) and how it could be used to estimate the elasticities of each of these variables. Discuss how managers use the elasticities measurement to make managerial decisions.

  Explain why intermediate goods and services usually are not

Explain why intermediate goods and services usually are not included directly in GDP. Are there any circumstances under which they would be included directly?

  Why did housing prices rise rapidly during 2002-2005

When did mortgage default and housing foreclosure rates begin to rise rapidly? When did the economy go into recession? Was there a causal relationship between the two? Discuss.

  Determine five key strategies a sales manager

Determine five key strategies a sales manager would need to show a meeting, convention, or exposition organizer during a FAM trip to close the sale.During busy times of the year, a hotel, convention center, or meeting hall may have more demand tha..

  Te per-unit cost of an item is its average total cost

the per-unit cost of an item is its average total cost total costquantity. suppose that a new cell phone application

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