Why does marginal cost increase as more is produced? Why is marginal revenue not equal to price in a monopoly? Why do firms' marginal cost curves become upward sloping, after a certain level of output has been reached? Why does marginal cost rise with amount of output?
Why does marginal cost increase as more is produced? Why does opportunity cost include implicit costs? Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. ...
A company does not necessarily raise more funds according to its target capital structure because of the economies of scale in raising new capital and market conditions. These short-run deviations are due to the “lumpiness” of security issuance. The marginal cost of capital may increase, ...
How does demand pull inflation differ from cost push inflation? When should people worry about inflation? Explain your answer. Explain the multiplier intuitively. Why is it that an increase in consumption of $100 raises output/income by ...
Digitization may further amplify those leakages, forexample if automation compresses labor share of income and increase income inequalityby hollowing out middle-class jobs, and may polarize the labor market into “superstars” versus the rest. Unless displaced labor can find new highly productive and...
UBS estimated earlier this year that a 10% increase in exports to China would add about 0.2 percentage point to Japan’s annual economic growth. Marginal? Not for an economy that has averaged only a bit more than 1% annual growth in the past decade. ...
What Does Mom and Pop Shop Mean? What Is a Micro-Cap Stock? What Is Market Segmentation Theory? What Are Money-Center Banks? What Is a Medicare Advantage Plan? When Is the Marginal Cost Horizontal? What Is an MBA? What Is a Marginal Tax Rate?
The U.S. could pay $6,300 at currenttax rates. To afford a $12,000 payout ($60 short of thefederal poverty level), it would have to increase its tax take by 10% of GDP. The Tax Foundation estimated that Yang's $1,000-a-month Freedom Dividend would cost $2.8 trillion a year,...
Why does the marginal cost increase as a marginal benefit decreases? Why does marginal revenue fall as price falls? Why does marginal cost rise with amount of output? Why is marginal revenue not equal to price in a monopoly? Why is the demand curve in monopoly downward sloping?
Why does profit maximization imply that price equals marginal cost in a perfectly competitive market? Why is a monopoly allocatively inefficient? a. Because the price is less than the marginal cost. b. Because the price is equal to marginal cost. c. Because the price is grea...