How it relates to the particular characteristics

Assignment Help Macroeconomics
Reference no: EM13243858

Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run. In your analysis, make sure to relate an example for each of the market structures listed and how it relates to the particular characteristics.

Reference no: EM13243858

Questions Cloud

Explain how much heat is required to heat : How much heat is required to heat 2 moles of water from 25 degrees C to its boiling point and then turn it into water vapor
Convert each cost component to its present worth : Present worth of each alternitive. Note: Do the exersise entirely on a present worth basis, not on anannualized basis. Convert each cost component to its presentworth and then sum to get the total present worth of each alternitive.
What will be the size of the tree''s image on the film : Suppose you point a pinhole camera at a 15-m-tall tree that is 75m away. If the film is 22cm behind the pinhold, what will be the size of the tree's image on the film
Define in detail the boiling point of ethanol : The boiling point of ethanol is 78°C. How much heat is required to heat 100 grams of ethanol from 25°C to its boiling point and then to turn it into a vapor
How it relates to the particular characteristics : Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run
Explain why the developer cant raise that sum : You are the city engineer and are negotioating with a land developer. The developer wants water service to a new development and you report that service can be completed this year by city crews at a cost of $200,000
Correlation between ceo salary and the stock price : positive correlation between CEO salary and the Stock Price, and therefore, for the good sake of the company's stock value, his salary should be increased. Do you agree with his argument? Explain why or why not.
What is the entropy change during the free expansion : what is the entropy change during the free expansion of 1.70 moles of an ideal gas from an intial volume of 1.60 liters into an evacuated volume of 1.90 additional liters
Describe each market structure discussed in the course : Describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, and monopoly) and discuss two of the market characteristics of each market structure.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Petersburg paradox-positive expected value of game

Assume that the payouts of the game were changed (if necessary) such that it results in gamblers having a positive expected value.

  When does marginal social benefit equal marginal social cost

Discuss perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings. Additionally, how does the proliferation of global trade and competition contribute to markets moving more awa..

  Determine total net benefit to society of a quantity of good

when comparing a competitive market to a monopolistic market, A) the monopolistic supply curve is equal to the competitive supply curve B) the monopolistic marginal cost curve is equal to the competitive supply curve C)the monopolistic supply curve i..

  Calculate real earnings for construction workers

In 1982 to 1984 the base period used for the customer price index, the average earnings of construction workers were $442.74 a week.

  Human rights in the same manner as the us

Some countries do not protect human rights in the same manner as the United States (US).

  What is economic justification for such provision in the law

The Affordable Care Act signed into law on March 23, 2010 requires individuals to be enrolled in a health insurance plan or face monetary penalties. This is known as the individual mandate. What is the economic justification for such provision in..

  What is a typical indifference curve for the case

What is a typical indifference curve for the case in which the marginal utilities of both goods are positive and the marginal rate of  substitution of hamburgers for Cokes is diminishing. Explain the relationship between the indifference curve

  Outsourcing product to china

A manufacture is planning outsourcing their product to China, where the costs to produce the product are considerably cheaper. You have been brought in as a consultant to discuss economic considerations of such a move.

  Determine the cost of capital

Use the concepts of marginal cost and marginal revenue to derive an optimal capital budget for Company X, which has identified 7 possible investment projects and determined its cost of capital.

  Illustrate what effort does the principal want to induce

Illustrate what effort does the principal want to induce when effort is not observable. Illustrate what is the optimal contract for the principal.

  Elucidate how do keynesian and real business cycle economist

Elucidate how do Keynesian and Real Business Cycle economists differ on the right response to Japanese stagnation.

  Graph the demand data by using the midpoint formula

Explain in a nontechnical way why demand is elastic in the northwest segment of the demand curve and inelastic in the southeast segment.

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