User Account

All Pages

Enter the different market structure

Assignment Help Business Economics
Reference no: EM132123989

When we look at the ease to enter the different market structure, there is no doubt that 'monopoly' is the hardest. Why? -- There is only ONE firm that has established 'economies of scale' with the production of their good or service. If another competitor came close to competing with them, they would simply lower their price (even in the long term) and still remain profitable. is this why the Department of Justice attempts to eliminate monopolies from the United States?

Reference no: EM132123989

Questions Cloud

Branch of an oligopoly : A cartel is branch of an oligopoly. There are still a handful of large firms and many smaller firms. For instance, the diamond industry and the petroleum
Why does the marginal cost curve : Why does the marginal cost curve always intersects the average total cost curve and AVC?
What will be the impact on the crude oil : What will be the impact on the crude oil market price? What will be the impact on the gas-burning auto market price? Explain your answer briefly
Market equilibrium change : In your opinion, if the government imposes unit sales tax (i.e. $ tax per unit sold) on a product, will the market equilibrium change?
Enter the different market structure : When we look at the ease to enter the different market structure, there is no doubt that 'monopoly' is the hardest. Why?
In your opinion what were the biggest risks and why : Consider the value proposition for the Boeing 787 aircraft - why was this such a revolutionary product for 1st and 2nd tier customers?
Read the information and solve the given expression : Six plays A, B, C, D, E and F of a famous playwright are to be staged one on each day from Monday to Saturday. Play D is between which of the following pairs
Identify the global societal problem - gender inequality : Describe background information on how that problem developed or came into existence. Show why this is a societal problem. Provide perspectives from multiple
Output per worker has been increasing : Consider the following production function that is already written in per worker terms: y = Akah 1-a where h represents human capital per worker.

Reviews

Write a Review

Business Economics Questions & Answers

  Explicit costs rise immediately

Suppose Joan uses her savings to purchase computer equipment for her new consulting business. Soon after this, the market interest rate rises. As a result, her:

  Raise the cost of electricity production

Suppose the economy is in long-run equilibrium. In a short span of time, there is a sharp increase in the supply of labor, a major new discovery of oil, and new environmental regulations that raise the cost of electricity production.

  Ethical considerations with regard to marketing to children

Describe ethical considerations with regard to marketing to children. When the marketers' pitch includes a cause component, such as a breakfast cereal that promises to provide breakfasts to undernourished school children, explain whether this is e..

  Any combinations or conspiracies in restraint of trade

Should sports leagues be allowed to remain as cartels? More than 100 years ago, the American legislative leaders decided that it was necessary to pass laws prohibiting "...any combinations or conspiracies in restraint of trade."

  Equilibrium under perfect competition

Explain elaborately the principle of long run equilibrium under perfect competition.

  Q1 how would you graph an edge worth box for two consumers

q1. how would you graph an edge worth box for two consumers with the same utility of uxy? also how would you do the

  What is your expected annual premium

You believe that next year there is 50% probability that your health care cost will be $5,000 but your spouse believes you will all be healthy and there will be no healthcare cost; however you both agree to buy an annual health insurance plan. You de..

  Example of a country with good hazardous waste management

Provide an example of a country with good hazardous waste management techniques and one with poor techniques.

  Authorized representative

Jann offers to buy a laser printer, with a case of paper, two extra ink car­tridges and the USB cable, from Super Office Supplies for $200.

  Determining the special menu for children

A Mexican restaurant offers a special menu for children for which there is a choice of a beef taco or a chicken burrito with either french fries, refried beans or a salad, plus one of four beverages. How many special menu possibilities are there?

  Elucidate how the benefits of such a policy

sing specific data for an industry of your choice Elucidate how the benefits of such a policy.

  What is anna optimal choice of comic books and aog

What is Anna’s optimal choice of comic books and AOG? Illustrate her optimal choice on a graph, using indifference curve-budget line analysis.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd