What is most likely to happen when firms in an import-competing infant industry are offered subsidies?
Ans) when firms in an import-competing infant industry are offered subsidies, The companies may well be able to charge a price equal to the world price and still earn a profit.
What is most likely to happen when firms in an import-competing infant industry are offered subsidies?
What is the difference between a subsidy granted to import-competing firms and an export subsidy? What is the purpose of each of these subsidies? Who are the beneficiaries (winners) under each of these two types of subsidies? Who pays for each of these two subsidies?
What will likely happen to firms in this industry in the long run? What will be the long-run price of output sold in this market in the long run? Explain how you know what will happen to prices and firms in the long run. 2 2 9 . 8 MC ATC AVC 23 MR 0 14 17 19 Quantity (units)
Please show graphically What will likely happen to firms in this industry in the long run? What will be the long-run price of output sold in this market in the long run? Explain how you know what will happen to prices and firms in the long run. 2 2 9 . 8 MC ATC AVC 23 MR 0 14 17 19 Quantity (units)
QUESTION 7 An industry is likely to be an increasing-cost industry when all firms are identical if it is only a small fraction of the total demand for inputs industry expansion permits the development of other industries some firms are more efficient than others
QUESTION 7 An industry is likely to be an increasing-cost industry when all firms are identical if it is only a small fraction of the total demand for inputs industry expansion permits the development of other industries some firms are more efficient than others
Classify the following firms by the type of industry they are most likely to belong to: monopolistic competition, monopoly, or a competitive market. Part 1 A farmer who grows alfalfa sprouts. Part 2 The company that provides cable service to your community. Part 3 A fast-food outlet such as Papa John's. competitive
An example of market globalization in a particular industry would be firms competing in that globalizing the services and production activities in their various value creation chains. one: Next page Subjective dimensions of culture (Scenario) In the last couple of years, consumer electronics sales in China have increased by almost 10%. As well, the market is becoming increasingly competitive since a number of Us. European and Japanese producers are constructing factories to challenge competition from low-cost Chinese producers. Grande Co....
Suppose firms in a monopolistically competitive industry currently charge a price less than their average total cost. What will be the profitability for firms in the short and long term? 1) In the short run, firms in this market will A) make a loss. B) break even. C) make a profit. 2) In the long run, firms in the market will A) break even or exit the market. B) make a loss. C) make a profit. 3) What will happen...
Give an example of an industry with an oligopolistic structure. What are the main products/services offered by this industry? What are the main firms in the industry? To what extent are the products/services from this industry homogeneous? What is the level of concentration in the industry? How would you characterize the barriers to entry in the industry?
When there are few firms in an oligopolistic market, the manager must consider the likely impact of their decisions on the decisions of other firms in the industry. This situation makes managing a more difficult task.