Assure the efficient allocation of resources in the long run

Assignment Help Business Economics
Reference no: EM13742001

Why is the unrestricted entry of new firms to all markets necessary to assure the efficient allocation of resources in the long run?

Reference no: EM13742001

Questions Cloud

Operational plan for various divisions in business : Operational plan for various divisions in business sectors Co-Ordination-To organize and communicate in a right manner and providing common rules for employees in different parts of the country
Arguments for and against the minimum wage : Discuss in detail the arguments for and against the minimum wage. Be specific about the position of the economists on the issue. NO graphs and NO math.
Analyzes various elements applyed to marketing products : Write a paper that identifies and analyzes various elements, both legal and ethical, as they apply to marketing products and services in the United States.
Economic replacement analysis : A material handling system was purchased 3 years ago for $120,537. Two years ago it required substantial upgrading at a cost of $14,340. It once again is requiring an upgrading cost of $24,925. Alternately, a new system can be purchased today at a co..
Assure the efficient allocation of resources in the long run : Why is the unrestricted entry of new firms to all markets necessary to assure the efficient allocation of resources in the long run?
Economics deals with the efficient use of resources : Adam Smith favours a policy of laissez faire in managing economic activities. Why? Economics deals with the efficient use of resources? Why? Marginal analysis tends to produce more optimal outcomes when working with scarce resources. How?
What are some of the largest health concerns for population : What does it mean to be healthy. What are some of the largest health concerns for your population. Are there any cultural rituals in health and healing
Discuss how this tac affected the money supply : To increase tax revenue, the US government in 1932 imposed a two-cent tax on checks written on deposits in bank accounts (In today’s dollars, this tax was about 25 cents per checks) Use the model of the money supply under fractional-reserve banking t..
Explain achievement of civil rights of photojournalist : create a PowerPoint presentation of progress made toward the achievement of civil rights of these and other groups in society.

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 explain why each of the following statements are false

q1. explain why each of the following statements are false. for each write the correct statement.a. a monopolist

  What should have happened to their real wage

What should have happened to their real wage. Given a constant MPL, barbers should have experienced no wage change. D. In what units is real wage in part.

  Do a discussion on the model of perfect competition

Do a discussion on the model of perfect competition also adopting strategies to gain marketplace power in competitive industries.

  The abc co is considering a new consumer product they

the abc co. is considering a new consumer product. they believe there is a probability of 0.4 that the xyz co. will

  Sales force and warehouse manager maximize ports

Will the sales force and warehouse manager maximize ports.

  Concepts of cross elasticity and income elasticity

Using specific examples, relate the concepts of Cross Elasticity and Income Elasticity to this product.

  Qa firm has developed a new product for which it has a

q.a firm has developed a new product for which it has a registered trademark. the firms market research department has

  The optimal capital structure is found by determining

As a rule, the optimal capital structure is found by determining the debt-equity mix that maximizes expected EPS.

  Identify success factors in mergers and acquisitions

Explain and discuss financing options for financing mergers and acquisitions. Identify success factors in mergers and acquisitions

  Qq10000-1000p005pop06103awhere q is quantity p is cost

q1. q10000-1000p0.05pop0.610.3awhere q is quantity p is cost pop is population i is disposable income per capita and

  Q assume the united states exports 2000 computers at a cost

q. assume the united states exports 2000 computers at a cost of 3000 each and imports 200 uk autos at a cost of

  Q1 the precursors of todays engineers listed in the

q1. the precursors of todays engineers listed in the quotation from wickenden had no classes and few or no books from

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