What is the difference between long run profit for perfect competition and monopolistic competition? Define: - Monopolistic competition. - Selling Cost. - Perfect Competition. 1. What are the profit maximizing conditions for a perfectly competitive firm and ...
What is the difference between long run profit for perfect competition and monopolistic competition? Which of the following market structures depends heavily on product differentiation? a.Perfect competition b.Oligopoly c.Monopoly d.Regulated Monopoly e.None of the...
严谨来说不正确, 因为一种商品市场的效率最佳化不代表整个经济中的所有市场.还有一种反对方式, 并不是所有的want都是有效的, 有人可能want最高,可是没能力为商品支付, 所以即使市场本身达到效率最佳, 也不能保证实现人们的最大满足.所以这题目要看理解方向了.
A firm operating under conditions of perfect competition will generate zero economic profit in the long run. Firms may generate economic profits in the short run, but due to the lack of entry barriers, new competitors will enter the market and prices will adjust downward until economic profits ...
In the long-run, a firm operating under perfect competition will: A. generate zero economic profit. B. produce a quantity where marginal revenue is less than marginal cost. C. face a vertical demand curve.相关知识点: 试题来源: 解析 A 略 ...
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A. generate zero economic profit.B. produce a quantity where marginal revenue is less than marginal cost.C. face a vertical demand curve. 正确答案:A 分享到: 答案解析: A firm operating under conditions of perfect competition will generate zero economic profit in the long run. Firms may ...
Explanations have often relied on static models of imperfect competition. This paper develops a dynamic model of perfect competition to demonstrate that long-run average profit rates differ even across competitive industries when the effects of sunk costs on entry and exit are considered. The ...
题目 19. In the long-run, a firm operating under perfect competition will: A:A:produce a quantity where marginal revenue is less than marginal cost B:B:generate zero economic profit C:C:face a vertical demand curve 相关知识点: 试题来源: 解析 B 反馈 收藏 ...
Beginning from long-run equilibrium under perfect competition, an increase in the wage due to an upward shift in labour supply generates negative profits. In order for long-run equilibrium to be restored, the price of output must increase. This causes the marginal revenue product curve for ...