Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Loss at the point of equilibrium?
Losses: At the point of equilibrium i.e. E where MR = MC, firm produces OM amount of the output. To produce this output, firm incurs an average cost of PF whereas it earns average revenue that is equal to ME. Because at equilibrium MF > ME, (AR Figure: Losses In-spite of incurring loss, firm could continue its functioning because it's Average Variable Cost is being covered. At output OM, firm covers its AVC that is equal to MG. Therefore as long as the firm is recovering at least its AVC, it would be possible for this firm to continue functioning.
Figure: Losses
In-spite of incurring loss, firm could continue its functioning because it's Average Variable Cost is being covered. At output OM, firm covers its AVC that is equal to MG. Therefore as long as the firm is recovering at least its AVC, it would be possible for this firm to continue functioning.
A firm can produce steel with or without a filter on its smokestack. If it produces without a filter, the external costs on the community are $500,000 per year. If it produces with
Objective of Fiscal Policy As an instrument of macroeconomic policy, the goals of fiscal policy are likely to be different in different countries and in the same country in dif
What is the formula of finding Fixed cost of a quadratic function
Average Propensity to Consume The average Propensity to Consume [APC] is defined as the fraction of aggregate national income which is devoted to consumption. If consumptio
A hypothetical AD-AS model for Canada During the 1990s, many stock market investors in Canada became optimistic about information technology and bid up stock prices, more t
Development of Transportation and Marketing Facilitates: The expansion of an industry may expedite the development of transportation and marketing facilities that will decrease th
Problem 1: a) Explain what is meant by ‘price discrimination' and what are the different types of price discrimination. b) Under what conditions is it possible and profitabl
Green Shield Insurance gives NEMO Corporation with coverage for prescriptions, dental work, and extended health services. Every subscriber uses $435 worth of dental services per ye
Provide two examples of identity economics other than those given in the article
explain critically growth maximisation model of morris ?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd