If one firm can produce more of something with same amount of time and materials,it has___ absolute advantage over other producers.( )A. the; 不填B. the; anC. 不填; anD. the; the 相关知识点: 试题来源: 解析 答案B,第一个空用the是固定搭配same前必须带有the,第二个空用an泛指一种...
TRUE or False 1. A production function shows the amount of output a firm can produce using different amounts of inputs. 2. Total product keeps rising so long as each added worker has a negative marg As the marginal product diminishes in the short run, th...
The firm will shut down in the short run if the price of the good is ___. Short-run and Long-Run: In the parlance of Economics, a short-run is defined as the period during which at least one factor of production such as capital remains fixed whereas a long-run ...
1 Economists normally assume that the goal of a firm is to
It says how many inputs are required to produce a fixed amount of output. , Assumption 1:Properties of the production function The production function is continuous, strictly increasing, and strictly quasiconcave,and ( ) 0 = . , Isoquant is the input set which can produce fixed level of ...
This study investigates the role of financial frictions on firm value within the framework of earnings management, including the impact of productivity growth. In contrast to prior studies, the present study employed an autoregressive model to examine th
Should firms fall short of consumers’ expectations of the terms of the data exchange, it can produce detrimental consumer outcomes such as consumer defection, consumer opt-out, consumer terrorism or bad word of mouth, and legal action against the firm. As firms gain more access to consumers’...
which are environmentally driven and have uncertain and undetermined magnitude impacts on firm value (Schoenmaker and Van Tilburg,2016). Moreover, in the short run both financial frictions and financial may have same effect but their long run effect is examined in this study by using partial adjus...
Short-Run Production:In the parlance of economics, the analysis of costs, revenues and profits for a firm is usually carried out from the perspective of short-run and long-run. The short-run is the time period where at least one input resource i...
Should a perfectly competitive firm making a loss in the short-run always leave the market? Why or why not? What about in the long-run? Why does a larger amount of the fixed input reduce the slope of the firm's short-run total ...