User Account

All Pages

Profit of a typical firm in market

Assignment Help Macroeconomics
Reference no: EM131246556

Assignment

  • In a monopolistically competitive market, in long run equilibrium, the government applies a specific $2 per unit tax per unit of output.
    • What happens to the profit of a typical firm in this market, in both the short run and long run?
    • Does the number of firms rise or fall?
    • Why or why not?
  • Under monopolistic competition with identical firms, is it possible for a firm to produce at the minimum of its average total coast curve? Explain

Reference no: EM131246556

Questions Cloud

We have never reached satiation : Satiation occurs when people have everything that they need or want. Many economists have been fascinated with satiation. Which of the following is correct regarding satiation?
Find a nash equilibrium of the game : Investment in the Future: Consider two firms that play a Cournot competition game with demand p = 100 - q and costs for each firm given by ci(qi) = 10qi. Imagine that before the two firms play the Cournot game firm 1 can invest in cost reduction. ..
Percent and the expected profit rate : If the going rate of interest were 10 percent and the expected profit rate were 18 percent, then the opportunity cost of a firm carrying out a $100,000 project for one year with its own funds would be?
Explain the purpose of a balance sheet : In a two- to three-page paper (not including the title and reference pages), explain the purpose of a balance sheet and analyze Ford Motor Company's balance sheet from its 2012 Annual Report. In your analysis, you must determine the financial rati..
Profit of a typical firm in market : In a monopolistically competitive market, in long run equilibrium, the government applies a specific $2 per unit tax per unit of output. What happens to the profit of a typical firm in this market, in both the short run and long run?
Various ways to address poverty and growth : Through monetary and fiscal policy, can a government used various ways to address poverty and growth?
Evaluate the contribution of reward principles : Developing and Managing Performance - Assignment MANAGEMENT REPORT - Critically evaluate the contribution of reward principles, policies, practices and decision making to performance in organisations and Pay is most crucial? The more you work, the ..
Calculate the price elasticy of supply : Calculate the price elasticy of supply for Barbie's Bakery's whole wheat loaf. When the price changes by 26%, the quantity supplied changes by 51%.
Describe some of the major shortcomings of medical education : The Flexner Report of 1910 is described by the authors as "an accurate and searing description of abuses in the medical schools." Describe some of the major shortcomings of medical education cited by the Flexner report and the corrective measures ..

Reviews

Write a Review

Macroeconomics Questions & Answers

  If the cost of a substitute product increases

If the cost of a substitute product increases, which of the following is most likely to happen in the market for the product under consideration in the short run.

  Campus print shop is assume of purchasing a new

Campus Print Shop is assume of purchasing a new, modern copier that automatically collates pages. The machine would cost $22,000 cash.

  1 assume an economy has a production function ofy ak35l65

1. assume an economy has a production function ofy ak.35l.65 with a 100 k 1000 and l 400. there is no labor force

  How will the programs proposed affect future growth

How will the programs proposed affect future growth possibilities for the economy (how will they effect the PPF and long run aggregate supply)?

  Is entrant better with or without the ability to withdraw

Consider that an entrant's ability to enter a market is fought, with the possibility of withdrawing from the industry (at a loss of 1 for the entrant and a gain of 8 for the incumbent), or staying (at a loss of 5 for each player).

  Organized manner and cite specific examples

How did they achieve their goals? How did their efforts affect life today? Present your response in a clear, organized manner and cite specific examples.

  Find the system of equations

A paper company produces high-grade paper, medium grade and low grade. The number of tons of each side produced a ton of pulp depends on the source of the pulp. The following table shows three different sources and amount of each grade of paper th..

  How would you classify russian economy as it is currently

How would you classify the Soviet economy prior to the break-up of the Soviet Union? Explain your rationale. Why did the Soviet economy fail? How would you classify the Russian economy as it is currently?

  While referring to the eye on your life section on page 389

while referring to the eye on your life section on page 389 of the textbook discuss the change in the u.s. unemployment

  Consider a monopolistic firm selling

Consider a monopolistic firm selling the same product in two separate markets, A and B, which have different demand curves. The demand in market A is defined by PA = 18 - 2QA for positive prices and quantities (i.e., for all PA, QA > 0) and the de..

  At what level of money income does the subsidy end

Draw the daily budget constraint without any program participation for the single parent described above. On the same graph, draw the daily budget constraint under TANF for the single parent described above. At what level of money income does the ..

  Human service interactions in terms of macro

human service interactions in terms of macro systems-communities and organizations.bull describe the concept of

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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