What condition would encourage research and development

Assignment Help Macroeconomics
Reference no: EM13335744

If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development?

What condition would encourage research and development in competitive industries?

Reference no: EM13335744

Questions Cloud

How much would allie monthly payment be for a loan financing : Allie Dawson is trying to decide whether or not she can afford the monthly payment of a loan to purchase a new car. The car costs $19,600. She is considering a 5-year loan at 6% interest.
Explain what are the chemical shift integration : what are the chemical shift,integration(#H),multiplicity,assignment and type of hydrogen in C8 H10 O and i have to identify the unknown. help please i have 4 signals
What is the present value of the 22000 dollar payment : Lisa Carson has the opportunity to receive $15,000 now or $22,000 in 4 years. If Lisa can earn 9 percent on her investments, what is the present value of the $22,000 payment
What is the eccentricity of the orbit : Consider a particle moving in an elliptical orbit in an inverse square law central force field. What is the eccentricity of the orbit
What condition would encourage research and development : If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development? What condition would encourage research and development in competitive i..
Aspect of management of a virtual organization : Please select a relevant article related to one aspect of management of a virtual organization. Briefly summarize the article and critique the major points. This is not just a report, it is a critical analysis of the article.At least 1 and half page ..
How much will have available to put down on that home : Kate and Richard just won $35,000 in the Pennsylvania state lottery. They decide to spend $9,000 now and put the remaining $26,000 in an investment earning 7 percent compounded annually.
Explain what mass of gold is produced of current : What mass of gold is produced when 12.8 A of current are passed through a gold solution for 44.0 min. Express your answer with the appropriate units.
Determine how much less will neville pay in taxes : Neville Longbottom has been asked to serve as a consultant on a building project and can get paid his fee up-front or at the end of the long project. He has agreed to do the consulting work for a fee of $10,000

Reviews

Write a Review

Macroeconomics Questions & Answers

  Anticipate how technology will transform business in future

Select a company or organization with which you are familiar and determine which of the five dimensions of the business environment has the biggest impact (either positive or negative) on that company/organization. Explain the rationale behind you..

  Increase output but by a factor of what

Due to the presence of dimishing returns to capital, doubling the amount of physical capital available for one worker to use will:

  Calculation of profit maximizing price

A monopolist faces the demand curvep =11 - Q , where Q is measured in thousands of units. What is the monopolist profit maximizing price and quantity? What is the profit?

  Demand-elasticity which allow you to increase the price

Which one shirts or sweaters, has a demand-elasticity which allow you to increase the price, sell fewer units BUT still increase your revenues.

  Illustrate what is the biggest economic concern for argentin

Illustrate what is the biggest economic concern for Argentina, like unemployment or population.

  Define desire for holding currency and the money multiplier

In Westlandia, the public holds 50% of M1 in the form of currency, and the required reserve ratio is 20%. Estimate how much the money supply will increase in response to a new cash deposit of $500 by completing the accompanying table

  Your organization has invested million in a new trilithium

Your organization has invested $6 million in a new Trilithium crystal technology project. The company will generate huge profits if the project is successful.

  Briefly elucidate how knowledge of price elasticity

Briefly elucidate how knowledge of price elasticity between different groups of customers

  Decide that the normal level of the interest rate has

In Keynes’s analysis of the speculative demand for money, what will happen to money demand if people suddenly decide that the normal level of the interest rate has declined? Why?

  Computing of nrp and erp

You are given the following information about the personal computer (PC) industry: Find the NRP and the ERP.  Show all calculations and formulas.

  Explain how to conduct an f-test of joint significance

In a multiple regression model using 310 students to explain college grade point average, the following explanatory variables are initially included in the regression: high school GPA, ACT score, number of credits completed, mother's years of educ..

  Optimal price level-marginal cost

Compute the point price elasticity of demand for bearing grease. Compute the optional price for bearing grease if marginal cost is $4.50 per unit.

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