Zero economic profit in the long run

Assignment Help Business Management
Reference no: EM131557589

Why do perfectly competitive firms make zero economic profit in the long run?

Reference no: EM131557589

Questions Cloud

What you observed to estimate daily and monthly revenue : Use what you observed to estimate: a) daily and monthly revenue of this business (You may make reasonable assumptions of peak and off-peak hours/seasons).
The foundation of all other budget types or formats : Which of the following statements about retirement counseling for police officers is most accurate?
How many prisoners were accused of felony and misdemeanor : On a certain day, the Wilton County Jail held 190 prisoners accused of a crime (felony and/or misdemeanor).
Developing your marketing plan : Imagine you are an entrepreneur launching a business planning to operate both domestically and abroad. You are currently developing your marketing plan
Zero economic profit in the long run : Why do perfectly competitive firms make zero economic profit in the long run?
How many radios had both digital tuners and cd players : Of 100 clock radios with digital tuners and/or CD players sold recently in a department store, 70 had digital tuners and 90 had CD players.
What is the best recommended course of action : What is the best recommended course of action for the client at this time, and why
Develop eight competency-based questions for the core stage : Develop eight competency-based questions for the core stage. Explain why you chose these questions. Develop one question for the confirmation stage.
Primary source of information about the person jesus : Regardless of how much you might know about him, for you what has been your primary source of information about the person Jesus?

Reviews

Write a Review

Business Management Questions & Answers

  Manage the cost of processing orders

Manage the cost of processing orders - How might an operations manager use this information to manage the cost of processing orders?

  Motivate team to stay and actively involved in project

What would you do to motivate the team to stay, be actively involved in the project, and complete the assignment on schedule?

  Anticyber squatting consumer protection act

Austin ?led a suit in a federal district court against the new registrant under the Anticyber squatting Consumer Protection Act. Is Austin entitled to a transfer of the domain names? Explain.

  Community-assessment activities

What leadership skills are needed for community-assessment activities? Why do you think these skills are needed the most?

  Characteristics of different grades of studentsexplain what

characteristics of different grades of studentsexplain what are the characteristics of the exemplary mixed-quality

  How much in total will the firm sell

Suppose the firm sets separate prices in the two markets, each set to maximize profit in its corresponding market. How much in total will the firm sell?

  Organizational leader to shape ford-s organizational culture

What key thing is Alan Mulally doing at Ford as an organizational leader to shape Ford's organizational culture? Do you think he will succeed?

  Analyze the competitive advantage of each company

Write a 1,050- to 1,400-word paper in which you research two-three companies and do the following: Evaluate the internal and external environments of each company using an environmental scan. Analyze the competitive advantage of each company

  What factors are important to ongoing team dynamics

What factors are important to ongoing team dynamics? Describe guidelines to evaluate the function and productivity of teams.

  How did the court view the combination of workers

How did the court view the combination of workers with respect to their intent?- Did the court find the continuance of the withholding of labor attributable to a combination?

  Explain returns and customer complaints

Describe A shoe manufacturing company is having a problem with returns and customer complaints in their boot division

  Describe the economic position of argentina

1. Describe the economic position of Argentina, Brazil and Mexico in relation to the rest of Latin America.

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