Suppose the bottle water industry is competitive. if a, Ask an Expert

Economics

Suppose the bottle water industry is competitive. If a bottle of water supplied by the typical firm has an ATC of 20 cents and the market price if 30 cents,

is the bottle water industry in long run equilibrium?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9486675

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question historically wages in the united states have been

Question: Historically, wages in the United States have been high relative to wages elsewhere. Does the chapter shed light on this phenomenon? Explain. The response must be typed, single spaced, must be in times new roma ...

Question the taxpayer relief act of 1997 created the roth

Question: The Taxpayer Relief Act of 1997 created the Roth IRA, which permits qualifying individuals to make after-tax retirement contributions of up to $2,000 annually. Contributions to a Roth IRA are not tax-deductible ...

Question suppose that twenty-five years ago a country had

Question: Suppose that twenty-five years ago a country had nominal GDP of $1,800, a GDP deflator of 150, and a population of 100. Today it has nominal GDP of $2,800, a GDP deflator of 270, and population of 180. What hap ...

Question what factors would you consider when determining

Question: What factors would you consider when determining whether an investment in sub-Saharan Africa would be profitable for your company? Would the same factors hold for South Africa? The response must be typed, singl ...

Question a monopoly has costs described by tcq 7500 20q

Question: A monopoly has costs described by TC(Q) = 7500 + 20Q. Demand is described by P = 100 - 0.2Q. What is the monopolist's profit-maximizing quantity (Q)? What is the monopolist's profit-maximizing price (P)? The re ...

Question 1 explain and describe rational business pricing2

Question: 1. Explain and describe rational business pricing. 2. How does differentiating gasoline affect rational business pricing? The response must be typed, single spaced, must be in times new roman font (size 12) and ...

Question some critics of discretionary monetary policies

Question: Some critics of discretionary monetary policies used by central banks suggest that there are lag problems in the timing of monetary policy, and there are problems with time inconsistencies, credibility and comm ...

Question explain why the accumulation of external debt is a

Question: Explain why the accumulation of external debt is a common phenomenon for developing countries and spiraled in the 1980s. What role did commercial banks played? The response must be typed, single spaced, must be ...

Question 1 discuss the significance and the impact that the

Question: 1) Discuss the significance and the impact that the environment has on human health. Provide examples and discuss how they relate to the practice of public health today. Your response should be at least 210 wor ...

Question in the keynesian cross model assume that the

Question: In the Keynesian cross model, assume that the consumption function is given by C = 120 + 0.8*(Y-T) Planned investment is 200; government purchases and taxes are both 400. a. Graph planned expenditure as a funct ...

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

Recent Questions

Ask Microeconomics Expert