User Account

All Pages

Individual competitive firm supply curve

Assignment Help Macroeconomics
Reference no: EM131045931

1. In a short run a perfect competitive firm will always make an economic profit if:

a. P = ATC
b. P> AVC
c. P = MC
d. P >ATC

2. In the short run, the individual competitive firm's supply curve is that segment of the:

a. average variable cost curve lying below the marginal cost curve
b. marginal cost curve lying above the average variable cost curve
c. marginal revenue curve lying below the demand curve
d. marginal cost curve lying between the average total cost and the average variable cost curves

Reference no: EM131045931

Questions Cloud

Can either of these fields be a random number : In the text, these fields were sequentially incremented. Can either of these fields be a random number?
What file system operations are irreconcilable : Suppose the semantics of the rmdir system call are now that the given directory is removed if it exists, and nothing is done otherwise. How could you write a program to delete directories that distinguishes between these two cases?
Why doesn''t chan use this same strategy : How does TCP protect itself against the crash-and-reboot scenario that motivates CHAN's BID? Why doesn't CHAN use this same strategy?
Find out the generic format for tcp header : Suggest an extension to TCP allowing the sender of an option a way of specifying what the receiver should do if the option is not understood. List several such receiver actions that might be useful, and try to give an example application of each.
Individual competitive firm supply curve : 1. In a short run a perfect competitive firm will always make an economic profit if: 2. In the short run, the individual competitive firm's supply curve is that segment of the:
What tone does the author take in his or her writing : Summarize the main points of the article in one paragraph. This includes the author's main argument. What is the author trying to say? Avoid using quotes in the main idea paragraph. Include the title of the article and the author's last name in th..
Prepare balance sheet in the books of shakti international : Shakti International invited applications for 100,000 shares of Rs 10 each issued at a discount of 10% payable as follows: Journalize and prepare balance sheet in the books of Shakti International
Give the sizes and offsets of the sequence of fragments : Give the sizes and offsets of the sequence of fragments delivered to the network layer at the destination host. Assume all IP headers are 20 bytes.
Address market failure such as monopoly power : What has been the governmental efforts to address market failure such as monopoly power, externalities and public goods?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Economic influences which affect the organization

Illustrate what are economic influences which affect the organization in a negative way.

  Is the good in question standardized

Identify the buyers and sellers as well as the goods or services. How closely do real world conditions match the characteristics listed in the model. Are the sellers price takers.

  Describe the short-run impact of the adverse supply shock

The central bank of Country A takes no stabilizing-policy actions. After the short-run impacts of the adverse supply shock become apparent, the central bank of Country B increases the money supply to return the economy to full employment.

  How much should charge a fixed royalty per student enrolled

Why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in franchises that operate from commercial buildings HINT: Among the most popular home-based franchises are cleaning services offered to business..

  Can the policy be consistent with profit maximization

A New Hampshire resort offers year-round activities: in winter, skiing and other cold-weather activities; in the summer, golf, tennis, and hiking. The resort's operating costs are essentially the same in winter and summer. Management charges highe..

  Assume a country that basically consumes

Assume a country that basically consumes 100 pairs of shoes per hour, all of which are imported. The price of shoes is $40 per pair before a ban on importing them is imposed.

  Explain objectives of using e-com to streamline business

Let's take a closer look at ERP and CRM solutions. How do these type of solutions improve business efficiency and help meet some of the goals and objectives of using e-com to streamline business functions

  Limitation of national income accounting

Briefly accounting describe two limitations of national income. On the basis of these data calculate GDP, GNP, NDP, NI, PI, and disposable personal income.

  Compute the incremental gain fluff rite

Compute the incremental gain Fluff Rite would earn by customizing its poppers and marketing directly to retailers.

  Determine whether returns to scale are decreasing

Determine whether returns to scale are decreasing

  Using the historical tables from the budget of the us

using the historical tables from the budget of the us government utilize the website to determine where the us

  Top 20 most admired companies

4. In 2008, citing Goldman as one of the "Top 20 Most Admired Companies" in the United States, Fortune magazine characterized the ?rm's culture as "an impossi-ble-to-replicate mix of extreme aggression, deep paranoia, individual ambition, an..

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