Monopolistic competition is an industry characterized by what? A monopolistic competitor is like a monopolist in the short run in that when economic profits are A firm can earn economic profits in the long run ___. (a) only when the market is a monopoly or monopolistically competitive...
Which type of firm is most likely to have zero economic profit in the long run: monopoly, oligopoly, monopolist competition or perfect competition? Explain. In which market structures is the firm able to earn long-run economic profits? A. Perfect...
Others argue that by-product lobbying firms cannot survive competition with for-profit firms, since this would compete away monopoly rents, leaving the firm unable to lobby. In a model of monopolistic competition, I show that the by-product firm can enter the market and earn enough profits to...
a因为可以行使市场权力,如果存在垄断和寡头垄断市场的这意味着公司可以办理设置多个价格收取高于边际成本价格,并获得更高的利润,竞争和生存竞争对手之间的成本。 Because may exercise the market authority, if has the monopoly and oligopoly market this meant the company may handle establishes many price collection...
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Secondly, it could be due to a zero-sum bias (Meegan, 2010; Różycka-Tran et al.,), even if in our model, the profit of one firm is not necessarily made at the expense of the other firm (see ‘Methods’ section). Indeed, considering—sometimes wrongfully—that a greater profit ...
A) Traditional U.S. businesses, especially smaller ones that care about what their customers think and may say to others, want to make a reasonable profit while having happy customers. B) But when ...
The proof in the pudding is four consecutive years of revenue growth in an increasingly competitive market, and double-digit income growth in three of those four years. Those same pros are looking for similar performance going forward, including 15.7% average annual profit growth over the next ...
Is it patriotic to work the people third-world-nations as slave labor, even children, for a profit? Furthermore, is it morally and ethically just? According to Emmanuel Kant it’s not: One should not use another as a means to their end without ‘just’ compensation. ...
A) True B) False True or false? A profit-maximizing monopolist is a dominant firm. Monopolistically competitive (MC) firms cannot earn a positive economic profit in the long run. a. True b. False Answer true or false: For a perfectly competitive firm, zero economic profits imp...