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It is quite simple. 101% sure. Please please like answer
As ATC risen marginal cost will also rise because mc is difference between successive total costs
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The market for smartphones is characterized as a monopolistically competitive market, as companies differentiate their product...
In the following figure, a monopolistically competitive firm is in the short run. In this scenario,...
In the following figure, a monopolistically competitive firm is in the short run. In this scenario, P < ATC, which means that this firm is making a loss. This short-run loss means that other firms will exit the market because they are making a loss as well. Shift a curve, or curves, to depict the effect of firms exiting this market in the long run. When shifting the curve, or curves, make sure not to change the slope of the...
On December 1,2016, the Organization of the Petroleum Exporting Countries (OPEC) decided to cut c...
On December 1,2016, the Organization of the Petroleum Exporting Countries (OPEC) decided to cut crude oil production starting in January 2017.It is expected that this cut in production will result in an increase in crude oil prices. This increase in crude oil prices will shift the short-run aggregate supply (SRAS) curve to the left. This situation is depicted below in the movement of the economy from point A to point B. In the figure below, shift the appropriate curve to...
theoretically, product differentiation in a monopolistically competitive market will lead to a. short-run economic profits greater...
theoretically, product differentiation in a monopolistically competitive market will lead to a. short-run economic profits greater than 0 b. competitors leaving the market c. long-run economic profits less than 0 d. the demand curve of the firm's product shifting to the left e. all of the above
Consider the market demand function in the graph below. Use the straight-line tool to draw a...
Consider the market demand function in the graph below. Use the straight-line tool to draw a line that overlaps with the portion of the demand function that is inelastic (include the portion of the demand curve that is unit elastic). To refer to the graphing tutorial for this question type, please click here. Price Quantity
Shift the market price facing a competitive firm to a level where the firm makes an...
Shift the market price facing a competitive firm to a level where the firm makes an economic profit in the short run.
To refer to the graphing tutorial for this question type, please click here.
O See Hint Given the demand curves shown for three individuals, use the straight-line tool to...
O See Hint Given the demand curves shown for three individuals, use the straight-line tool to draw their combined market demand curve. To refer to the graphing tutorial for this question type, please click here. Price(3) 60 20 Quantity
The figure below depicts the market for loanable funds at equilibrium, at point A. The personal s...
The figure below depicts the market for loanable funds at equilibrium, at point A. The personal savings rate in the United States is currently above 5%, which is a low rate compared with the 1970s. However, the current savings rate is high compared with the savings rate of the first decade of the 2000s. It is expected that the U.S. savings rate will continue to increase in the near future. At the same time, assume that the Japanese economy experiences...
The figure below depicts the market for loanable funds at equilibrium, at point A Physical capital...
The figure below depicts the market for loanable funds at equilibrium, at point A Physical capital investment by firms is usually undertaken when firms have a positive outlook for both the near and long-term prospects of the economy and the specific industry. How would a fall in investor confidence in the economy due to political instability in a neighboring country affect the market for loanable funds? Shift the appropriate curve to depict your answer. To refer to the graphing tutorial...
The demand curve for a monopolist's product is shown. The point UD is the point along the curve where price elasticity of demand is unitary. With this information, use the straight-line tool to draw the marginal revenue curve, stretching from one axis to
The demand curve for a monopolist's product is shown. The point UD is the point along the curve where price elasticity of demand is unitary. With this information, use the straight-line tool to draw the marginal revenue curve, stretching from one axis to the other. To refer to the graphing tutorial for this question type, please click here.
Suppose that three firms are considering entering a new market for crypto-currency-backed health insurance plans. Each...
Suppose that three firms are considering entering a new market for crypto-currency-backed health insurance plans. Each has a different approach to the market and thus a different supply curve as follows: S1(p) = p, S2(p) = p - 2, and S3(p) = 2p - 8. V 1st attempt Part 1 (1 point) See Hint On the graph below, draw each firm's supply curve. Be sure each curve is drawn from one edge of the graph to another. To refer to...
In the following figure, a monopolistically competitive firm is in the short run. In this scenario, P < ATC, which means that this firm is making a loss. This short-run loss means that other firms will exit the market because they are making a loss as well. Shift a curve, or curves, to depict the effect of firms exiting this market in the long run. When shifting the curve, or curves, make sure not to change the slope of the...
On December 1,2016, the Organization of the Petroleum Exporting Countries (OPEC) decided to cut crude oil production starting in January 2017.It is expected that this cut in production will result in an increase in crude oil prices. This increase in crude oil prices will shift the short-run aggregate supply (SRAS) curve to the left. This situation is depicted below in the movement of the economy from point A to point B. In the figure below, shift the appropriate curve to...
Consider the market demand function in the graph below. Use the straight-line tool to draw a line that overlaps with the portion of the demand function that is inelastic (include the portion of the demand curve that is unit elastic). To refer to the graphing tutorial for this question type, please click here. Price Quantity
Shift the market price facing a competitive firm to a level where the firm makes an economic profit in the short run.
To refer to the graphing tutorial for this question type, please click here.
O See Hint Given the demand curves shown for three individuals, use the straight-line tool to draw their combined market demand curve. To refer to the graphing tutorial for this question type, please click here. Price(3) 60 20 Quantity
The figure below depicts the market for loanable funds at equilibrium, at point A. The personal savings rate in the United States is currently above 5%, which is a low rate compared with the 1970s. However, the current savings rate is high compared with the savings rate of the first decade of the 2000s. It is expected that the U.S. savings rate will continue to increase in the near future. At the same time, assume that the Japanese economy experiences...
The figure below depicts the market for loanable funds at equilibrium, at point A Physical capital investment by firms is usually undertaken when firms have a positive outlook for both the near and long-term prospects of the economy and the specific industry. How would a fall in investor confidence in the economy due to political instability in a neighboring country affect the market for loanable funds? Shift the appropriate curve to depict your answer. To refer to the graphing tutorial...
Suppose that three firms are considering entering a new market for crypto-currency-backed health insurance plans. Each has a different approach to the market and thus a different supply curve as follows: S1(p) = p, S2(p) = p - 2, and S3(p) = 2p - 8. V 1st attempt Part 1 (1 point) See Hint On the graph below, draw each firm's supply curve. Be sure each curve is drawn from one edge of the graph to another. To refer to...
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