Structure of marginal cost, Microeconomics

"Consider a market with n firms occupied in Bertrand competition. These firms have in common dissimilar marginal costs but any number of them may also have equivalent marginal costs. There is no such a structure of marginal costs that more than one firm in this industry earns a positive profit."

 

Posted Date: 3/28/2013 12:54:53 AM | Location : United States







Related Discussions:- Structure of marginal cost, Assignment Help, Ask Question on Structure of marginal cost, Get Answer, Expert's Help, Structure of marginal cost Discussions

Write discussion on Structure of marginal cost
Your posts are moderated
Related Questions
Define Amagat law of partial volume, Amagat law of partial volume The total volume of a mixture of non reacting gases at constant temperature & pressure is equal to sum of indiv

Draw a diagram to show the type of bond between two flourine atom

CONSIDER THE DEMAND CUVE Q=100-50P DRAW THE DEMAND CURVE AND INDICATE WHICH PORTION OF THE CURVE IS ELASTIC ,WHICH PORTION IS INELASTIC AND WHICH PORTION IS UNIT ELASTIC

Separate Administrative Set-up for Exports:   It may be worth examining the setting up of Foreign Trade Board, similar to what obtains in Japan (JETRO) and South Korea (KETRO)

factors that affects the volume of production

explain the various marginal uses and limitations of break even poin?

what are the concept of opportunity cost

If a 10% increase in the price of computers leads to a 20% reduction in the quantity demanded, what is the coefficient of demand elasticity? 2. A local government wants to increase

Economic policy efficiently: The reason for poverty and misery in the developing countries is not essentially the lack of potentialities or resources, human or material, but t

Define Average Total Cost and Average Variable Cost Average Total Cost:    The amount spent on producing every unit of output. The average cost is calculated by dividing the t