Under what circumstances are economic profits good indicator

Assignment Help Business Economics
Reference no: EM13874730

1. Under what circumstances are economic profits a good indicator of market power? A poor indicator?

2. Explain why it is not possible to estimate the demand curve simply by fitting a line through annual observations on price and quantity.

Reference no: EM13874730

Questions Cloud

Summarize the procedures used in the salem trials : Summarize the procedures used in the Salem Trials
Tutorials on relational database design : Conduct some research online for tutorials on relational database design. Choose three that you think do the best job of teaching you about relational database design. Share your findings with the class, and explain why you chose the three tutoria..
Bill plans to fund his individual retirement account : The present value of $25,000 perpetuity at a 14 percent discount rate is ___ Bill plans to fund his individual retirement account (IRA) with the maximum contribution of $2,000 at the end of each year for the next 20 years. If Bill can earn 12 percent..
Process on a p-v diagram : Hydrogen is contained in a piston-cylinder device at 14.7 psia and 15 ft3. At this state, a linear spring (F 8 x) with a spring constant of 15,000 lbf/ft is touching the piston but exerts no force on it. The cross-sectional area of the piston is 3..
Under what circumstances are economic profits good indicator : Under what circumstances are economic profits a good indicator of market power? Explain why it is not possible to estimate the demand curve simply by fitting a line through annual observations on price and quantity.
Describe the prevention methods that you would implement : Describe the prevention methods that you would implement if domestic violence is not occurring, although you suspect that it could be. Describe the interventions that you would implement if you confirm that domestic violence is occurring
The rea data model : Explain to your senior management the risks and rewards of such of a move. Be sure to provide specific examples to support your response.
Shift the risk of obsolescence from the user to the lessor : A warrant is basically a long-term option that enables the holder to sell common stock back to the firm at an agreed upon price, at a specified time in the future. Under a sale and leaseback arrangement, the seller of the leased property is the lesso..
What were the most compelling points from the interaction : What have you learned from others' responses? What were the most compelling points from the interaction with your fellow students? How did participating in this discussion help in your understanding of the Discussion Board task

Reviews

Write a Review

Business Economics Questions & Answers

  Considering liquidating these assets

You own a large collection of fine wines. You are considering liquidating these assets. You predict that the value of your collection will rise in the next few years. If you assume your cost of capital to be 10 percent, when should you sell your coll..

  Using the existing stock of farm machinery more intensely

Explain why the reduction in employment would be less than 5 percent in the latter case. In light of the short-run elasticity of demand for migrant workers, how easy do you think it would be for the industrial farms to replace the workers’ efforts by..

  Show the effects of an increase in the chinese purchases

show the effects of an increase in the Chinese purchases of U.S. Treasury bonds. How do these purchases affect the value of the dollar and of the yuan?

  Q1 explain how immigration between two countries could be

q1. explain how immigration between two countries could be an equalizer of wages and economical for both sending and

  People would be classified as unemployed

Which of the following people would be classified as unemployed?

  Indicate the type of sales promotion that producer might use

Indicate the type of sales promotion that a producer might use in each of the following situations and briefly explain your reasons: (1) A firm has developed an improved razor blade, but customers are not motivated to buy it.

  What are some more common restrictions on the activities

What are some more common restrictions on the activities of multinational corporations in host countries? Your 200 word answer should focus on selecting and organizing your most relevant comments in a coherent fashion.

  Calculate the present value of net benefits

A highway department is considering building a temporary bridge to cut travel time during the three years it will take to build a permanent bridge. The temporary bridge can be put up in a few weeks at a cost of $740,000. Calculate the present value o..

  What are some factors in this organization that might

Identify an organization with which you are familiar. What are some factors in this organization that might affect the strategies they take in developing their socially responsible efforts? What are some of these efforts?

  The ultimate result of this one-shot

The ultimate result of this one-shot, simultaneous-move game depends upon the choices made by both competitors.

  Suppose that the carnival and the circus have both come to

suppose that the carnival and the circus have both come to town and are both o?ering free admission. you have 6 free

  What is the test statistic for this test

The average cost of tuition plus room and board at a small private liberal arts college is reported to be $8,500 per term, but a financial administrator believes that the average cost is higher. A study conducted using 350 small liberal arts colleges..

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