Customer Service Chat
Get quote & make Payment
compettitive market, Managerial Economics
Tomato Farm is selling tomatoes in a purely competitive market. Its output is 5000 bushels, which sell for $15 a bushel. At this level of output, the marginal cost is $15 bushel and average total cost is $14.50 a bushel. Should the firm increase output, decrease output, or not produce ? Why ?
Posted Date: 4/3/2013 10:22:40 PM | Location : Malaysia
Ask an Expert
compettitive market, Assignment Help, Ask Question on compettitive market, Get Answer, Expert's Help, compettitive market Discussions
Write discussion on compettitive market
Your posts are moderated
Write your message here..
Limitation of bank rate, Limitation The degree or success with which t...
Limitation The degree or success with which the central bank can use its bank rate policy to control the total credit in the economy depends upon the interest elasticity of in
How advertising expenditure must remain the same, Advertising expenditure m...
Advertising expenditure must remain the same If advertising expenditure of a firm increases, consumers may be tempted to buy more of its product. Hence the advertising expendit
Define aunifying and omniscient theme, Define Aunifying and omniscient them...
Define Aunifying and omniscient theme Aunifying and omniscient theme found in managerial economics is the attempt to achieve optimal results from business decisions whereas tak
What are the concept of managerial economics, Concept of Managerial Economi...
Concept of Managerial Economics The discipline of managerial economics deals with characteristics of economics and tools of analysis that are used by business enterprises for dec
Factors affecting the total market demand, Factors affecting the total mark...
Factors affecting the total market demand These are broadly divided into the determinants of demand and conditions of demand. (a) Own price of the product This
Factors responsible for wage differential between occupation, FACTORS RESPO...
FACTORS RESPONSIBLE FOR WAGE DIFFERENTIALS BETWEEN OCCUPATIONS The major cause is demand and supply for the particular labour concerned, but other causes could be: i.
Population size and demographic trends, POPULATION SIZE AND DEMOGRAPHIC TRE...
POPULATION SIZE AND DEMOGRAPHIC TRENDS a. Changes in Population The people of a country are its consumers. They provide the labour force for production. A study of
Availability of substitutes - determinants of demand, Q. Availability of Su...
Q. Availability of Substitutes - Determinants of Demand? One of the most important determinants of elasticity of demand for a commodity is availability of its substitutes. Clos
Long-term policies to cure balance of payment deficits, Long-Term Policies ...
Long-Term Policies One long term option of tackling balance of payments deficit is export promotion . In the long run this is the best method of improving a balance of payme
Determine the managerial economics techniques, Determine the Managerial eco...
Determine the Managerial economics techniques Though the most frequent applications of these techniques are as below: Risk analysis: Numerous models are used to quantif
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Terms & Conditions
Copyright by ExpertsMind IT Educational Pvt. Ltd.