What are significant tools of perfect competition, Managerial Economics

What are the significant tools of the perfect competition and the supply curve?

Perfect Competition and the Supply Curve:

a. In Perfect competition the characteristics of a absolutely competitive industry

b. How a price-taking producer verifies its profit-maximizing quantity of output

c. Earnings and why an unprofitable producer may carry on to operate within the short run

d. Difference between short run and the long run behavior of industries

e. Industry supply curve within the short and the long run

Posted Date: 9/6/2013 7:22:57 AM | Location : United States







Related Discussions:- What are significant tools of perfect competition, Assignment Help, Ask Question on What are significant tools of perfect competition, Get Answer, Expert's Help, What are significant tools of perfect competition Discussions

Write discussion on What are significant tools of perfect competition
Your posts are moderated
Related Questions

Hawtrey views about Trade Cycle Hawtrey views trade cycle as a purely monetary phenomenon. According to him, inventory cycles result from fluctuations caused in the desired rat

Given the following payoff matrix (a) indicate the best strategy for each firm (b) why is the entry deterrent threat by firm Ato lower the pruce not credible

Marginal utility approach The downward sloping nature of the demand curve can be explained by using the law of diminishing marginal utility .  For instance, consider a consum

For all regular goods, income elasticity is positive though the degree of elasticity fluctuates as per the nature of commodities. Consumer goods are generally categorised under thr

Jeremy is an economics learner who loves hamburgers. He could eat any number of them for dinner, but he gets a really bad stomach ache after eating a certain amount. In fact, his u


Suppose a firm's budget were large enough to employ 100 units of either labor or capital, the cost of a unit of labor being the same as a unit of capital. The production function i

(Only for extra credit) Consider Freddy on a rainy Thursday afternoon after losing in his favorite video game. His friend Tommy comes over to cheer him up and offers him the follow

The  fez is the typical Arabic hat in the shape of a short red cylinder. Historians believe it was manufactured in the city of Fes, in Morocco, during the 17 th century. It has be