Is it possible for a firm to be price taker and price maker, Microeconomics

Assignment Help:

Is it possible for a firm to be both Price taker and price maker?

A firm can either be a price taker or a price maker. It cannot be price maker and price taker at the similar time because when a firm will set its own price in the market for its good. At that time, it will be a price maker not a price taker.

Related Discussions:- Is it possible for a firm to be price taker and price maker

Increase in productivity and real wage earnings, Increase in Productivity a...

Increase in Productivity and Real Wage Earnings: Labour has been charged that whereas it presses for higher wages through trade unions, it has failed to raise productivity. Sh

Hotelling model, hello can anyone help me..

hello can anyone help me..

Shortage/surplus, Students at XSU cannot register for english classes. Is t...

Students at XSU cannot register for english classes. Is this a situation of shortage or surplus of classes? Explain. Also would you expect market forces to do to tuition?

Determine the price charged by the profit maximizing cartel, In an industry...

In an industry with two firms, represent the outputs for these single product firms as q 1 and q 2 . The two firms decide to form a cartel and set their levels of output to maxim

Monopoly, if the inverse demand curve is p=120-Qand the marginal cost is co...

if the inverse demand curve is p=120-Qand the marginal cost is constant at 10, how does charging the monopoly a specific tax of 10 per unit affect the monopoly optimum and the welf

Graphing, I can''t figure out how to graph the aggregate consumption functi...

I can''t figure out how to graph the aggregate consumption function and the aggregate saving function

Marketing, how distribution is arranged to provide customer service

how distribution is arranged to provide customer service

COMPENSATION PRINCIPLE, DISCUSS THE COMPENSATION PRINCIPLE OF KALDOR -HICK...

DISCUSS THE COMPENSATION PRINCIPLE OF KALDOR -HICKS

Total cost function, A firm's production function is given by Q = √LK . Th...

A firm's production function is given by Q = √LK . The price of labour is w and the price of capital is r. a. The price of labour is $5 and the price of capital is $20. What is

Value of marginal product, why value of marginal product is negatively slop...

why value of marginal product is negatively sloped

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages