Can you give 3 examples of perfect competitive firms? except agriculture, foreign exchange market and online...
Can you give 3 examples of perfect competitive firms? except agriculture, foreign exchange market and online shopping
Homework Answers
Answer:
Milk/ eggs
Bottled water
Gold
These goods are commonly found. Everyone knows their price. There are many sellers and buyers in the market for these products. Hence they are examples of perfect competition.
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Can you give 3 examples of perfect competitive firms? except
agriculture, foreign exchange market and online...
5. What firms in perfect competitive market and monopolistic competitive market have in common? How they...
5. What firms in perfect competitive market and monopolistic competitive market have in common? How they are different in the long run? Explain using appropriate graphs. 7. Earnings per share is calculated to le a) only for common shares. b) only for preferred shares. c) for common and preferred shares. d) only for bonds.
Assume that in a perfect competitive market there are 8 firms, each firm has the following...
Assume that in a perfect competitive market there are 8 firms, each firm has the following total cost function TC (qi) = 4qi2 + 8qi +2. The market demand function is Q = 48 – P. Find the consumer surplus (CS) in the short run.
Consider a competitive market served by many domestic and foreign firms. The domestic demand for these...
Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms’ product is Qd = 800 - 1.5P. The supply function of the domestic firms is QSD = 150 + 0.5P, while that of the foreign firms is QSF = 250. Instructions: Enter your responses for equilibrium price rounded to the nearest penny (two decimal places). Enter your responses for equilibrium quantity rounded to one decimal place. a. Determine the equilibrium price and quantity...
By cross-listing shares on a foreign exchange, you can expect: no share price effect for foreign...
By cross-listing shares on a foreign exchange, you can expect: no share price effect for foreign firms that cross-list on major U.S. exchanges. a positive share price effect for foreign firms that cross-list on major U.S. exchanges. a negative share price effect for foreign firms that cross-list on major U.S. exchanges. none of the above
1. The four market structures are and firms are producing a firms are produc 2. Perfect...
1. The four market structures are and firms are producing a firms are produc 2. Perfect competition is a market structure in which - - product and entry is 3. Monopolistic competition is a market structure in which ing a product and entry is 4. Oligopoly is a market structure in which product and entry is - 5. Monopoly is a market structure in which firms are producing a firm supplies a product and entry 6. Oligopoly is the only...
The cost curve for a typical perfect competitive firm in the coffee market is given by...
The cost curve for a typical perfect competitive firm in the coffee market is given by the following TC 128+4g+2q The market demand curve for coffee is given by the following P=84-2q (a) (i) Find the long run competitive equilibrium. That is, identify the equilibrium price and quantity, output for each firm, the number of firms in the industry and the level of producer and consumer surplus. Show your answer in a clear well-labelled diagram (ii) What is the value...
How do foreign currency exchange rates affect revenue? Give numerical examples to prove your points.
How do foreign currency exchange rates affect revenue? Give numerical examples to prove your points.
Questions 3-5 correspond with the US Market for Foreign Exchange with Japan, where the price of...
Questions 3-5 correspond with the US Market for Foreign Exchange with Japan, where the price of $ foreign exchange is dollars divided by yen (i.e.), and quantity is the quantity of yen. 3. In the U.S. market for foreign exchange with Japan, how is this market affected by an increase in exports (i.e. US exports to Japan)? a. increase in the demand for foreign exchange b. decrease in the demand for foreign exchange c. increase in the supply of foreign...
H8 Q6 Consider a competitive market served by many domestic and foreign firms. The domestic demand...
H8 Q6 Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms’ product is Qd = 1400 - 2.5P. The supply function of the domestic firms is QSD = 200 + 1.5P, while that of the foreign firms is QSF = 200 Instructions: Round your answers for equilibrium price to the nearest penny (two decimal places). Round your answers for equilibrium quantity to one decimal place. a. Determine the equilibrium price and quantity...
1) Define spot, forward, and swap transactions in the foreign exchange market and give an example...
1) Define spot, forward, and swap transactions in the foreign exchange market and give an example of how each could be used. 2) The Big Mac is considered a good candidate for the application of the law of one price and measurement of under or overvaluation of a currency. Develop an argument as to why this is a good idea. 3) Does foreign currency exchange hedging both reduce risk and increase expected value? Explain, and list several arguments in favor...
5. What firms in perfect competitive market and monopolistic competitive market have in common? How they are different in the long run? Explain using appropriate graphs. 7. Earnings per share is calculated to le a) only for common shares. b) only for preferred shares. c) for common and preferred shares. d) only for bonds.
By cross-listing shares on a foreign exchange, you can expect: no share price effect for foreign firms that cross-list on major U.S. exchanges. a positive share price effect for foreign firms that cross-list on major U.S. exchanges. a negative share price effect for foreign firms that cross-list on major U.S. exchanges. none of the above
1. The four market structures are and firms are producing a firms are produc 2. Perfect competition is a market structure in which - - product and entry is 3. Monopolistic competition is a market structure in which ing a product and entry is 4. Oligopoly is a market structure in which product and entry is - 5. Monopoly is a market structure in which firms are producing a firm supplies a product and entry 6. Oligopoly is the only...
The cost curve for a typical perfect competitive firm in the coffee market is given by the following TC 128+4g+2q The market demand curve for coffee is given by the following P=84-2q (a) (i) Find the long run competitive equilibrium. That is, identify the equilibrium price and quantity, output for each firm, the number of firms in the industry and the level of producer and consumer surplus. Show your answer in a clear well-labelled diagram (ii) What is the value...
Questions 3-5 correspond with the US Market for Foreign Exchange with Japan, where the price of $ foreign exchange is dollars divided by yen (i.e.), and quantity is the quantity of yen. 3. In the U.S. market for foreign exchange with Japan, how is this market affected by an increase in exports (i.e. US exports to Japan)? a. increase in the demand for foreign exchange b. decrease in the demand for foreign exchange c. increase in the supply of foreign...
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