Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Macroeconomics Expert

Explain the implications of marginal cost pricing and average cost pricing. Why are these important results in a purely competitive industry? Explain.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M92080496
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question? 


Related Questions in Macroeconomics

Question - explain why it is important to evaluate the

Question - Explain why it is important to evaluate the overall performance of the firm's sales force and list the advantages and disadvantages of sales, cost, and profit analyses. Also, discuss the use of ROI in measurin ...

Question - find a current example of a linear optimization

Question - Find a current example of a linear optimization model used in your industry. Describe the industry's needs, including any unique factors, how the linear optimization model was used, and the problem or challeng ...

Question - the supply for cars qs depends on the price of

Question - The supply for cars Q s , depends on the price of cars P, and the price of steel P s . The demand for cars Q d , depends on the price of cars P, the price of car insurance P i , the price of bus tickets P b , ...

Question the knowledge economy what leads to a patent race

Question: The knowledge economy What leads to a patent race? Is such a race productive or unproductive? Hint: Think of how patents allow companies monopoly power for a temporary period. The response must be typed, single ...

Question how would you manage the costs associated with a

Question: How would you manage the costs associated with a value-creation activity? How do costs of operations relate to the strategy of the organization? The response must be typed, single spaced, must be in times new r ...

Question to study a macroeconomy we calculate aggregate

Question: To study a macroeconomy we calculate aggregate quantities in real terms because? 1) it is then easier to take logarithms 2)it is the only way to reconcile the three approaches to measuring GDP 3) we want to get ...

Question - suppose that the demand and supply schedules for

Question - Suppose that the demand and supply schedules for bonds that have a face value of $100 and a maturity date one year hence are as follows: Price ($) Quantity Demanded Quantity Supplied 100 0 600 95 100 500 90 20 ...

Question - suppose that die number of garden benches

Question - Suppose that die number of garden benches produced by 0, 1, 2, 3, and 4 workers is 0, 39, 78, 99, and 108. Calculate the marginal and average products of labor that would have resulted. Check that the relation ...

Question suppose the price level in a particular economy

Question: Suppose the price level in a particular economy equals 1.3 and that the quantity of real GDP demanded at that price level is $1,200. An increase of 0.1 point in the price level reduces the quantity of real GDP ...

Question - a study was conducted to determine how people

Question - A study was conducted to determine how people get jobs. Four hundred subjects were randomly selected and the following are the results: Job Source of Survey Respondents Frequency Newspaper want ads 69 Online s ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As