Can someone please explain the
intuition, why is Q3 the answer?Please be detailed in
explanation
Homework Answers
Limit pricing model indicates that monopoly tends to charge a price that reduces its economic profit but deter new firms to enter the market.
This is the lowest price that can be charged by the monopoly to deter entry of new firms and to earn economic profit.
This lowest price is such that average cost for prospective firm would be greater than the market price and thus discourage it to enter the market.
It can be seen from the graph that price corresponding to Q3 level of output provides economic profit to the monopolist but for prospective firms price would be less than the average cost (Dresidual lies below AC corresponding to Q3 level of output).
So, new firms will not enter.
Thus,
The limit quantity is Q3.
Hence, the correct answer is the option (c).
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Can someone please explain the intuition, why is Q3 the answer?Please be detailed in explanation ci Dresidual IS J 2. Se...
can you please explain these 2 questions with detailed explanation and background theory both? 2 6:35...
can you please explain these 2 questions with detailed
explanation and background theory both?
2 6:35 11 5 R 51%1 chapter_12_powerpoint_I. ppt What is the product of reaction below? 1) CH COH 2) -Он/н-0 но, Е. но. но В. A. но но но Determine the product. mCPBA Н н OH он он Нас. CHs C Н,с- CH3 Нас-сн D. A. H3C CH B н н Н Н E. none of the above
Help, Please with 2 questions, and please can u explain the answer. 1. Use the model...
Help, Please with 2 questions, and please can u explain the
answer.
1. Use the model of supply and demand to explain why the prices of
vegetables after a hurricane increase more than the prices of
candies. Support your answer with a graph.
2. Analyze the effects of a taxation in this market
a) Find the values of price and quantity that guarantee a market
equilibrium (Q*,P*)
b) If the government imposes a $1 tax per unit sold, What...
Answer: A the answer is A but can someone explain to me why? show yor work...
Answer: A
the answer is A but can someone explain to me why? show yor work
and thanks in advance!
The following data apply to questions 5-9 The Santa Fe Manufacturing Company has two divisions in Kansas, the Holton Division and the Derby Division. Currently, Derby buys a part (10,000 units) from Holton for $16 per unit. Holton has purchased new equipment and wants to increase the price to Derby to $18 per unit. The controller of Derby claims that...
Please Give a detailed explanation, not just an answer! I am trying to learn I'm a...
Please Give a detailed explanation, not just an answer! I am
trying to learn I'm a UCF student "go knights"!
ECO20023
UCF, Homework 2
Module 2 Homework Q Saved Help Save & Exit Submit A Slmple Model of Productlon Exerclse 1 Mountain Mack spends his time carving fishing lures and duck decoys. If Mountain Mack spends all of his time carving fishing lures he can carve 40 lures in a week. If he spends all of his time carving duck...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing costs b. transmits consumer preferences to the farm level effectively c. is equivalent to equilibrium pricing d. all of the above 2 product of labour a. increasing; constant b. increasing ; decreasing A production function Q-300 +10K+5L exhibits - returns to scale and - marginal c. constant; constant d. decreasing; constant 3. The marketing functions can a. easily be eliminated b. can only occur...
Please help me answer theses practice questions QUESTION 2 Which of the following can a country...
Please help me answer theses practice questions
QUESTION 2 Which of the following can a country implement to protect local industries (e.g. bicycles) according to the video on the deceptive promise of free trade? Border walls local training programs to strengthen local industries protectionist policies such as tarrifs creating a high minimum wage locally governments can't do anything QUESTION 3 Which of the following European countries has a trade surpluse with the US as well as most other European countries...
can someone please help me! I am so lost AutoSave $ u- Capital Budgeting Assignment FNCE...
can someone please help me! I
am so lost
AutoSave $ u- Capital Budgeting Assignment FNCE 301 119 template-Saved to my Mac Home Insert Draw Page Layout Formulas Data Review View Developer Share Comments 2! Insert Times New Roman 10 A A = = = D 2Wraa Text General E AY-O. 4 Delete 2 Conditional Format Call Sort & Sensitivity Pesce Find & a Ideas B B IU E E B Merge & Center A $ - % Formatting as...
1) Decreasing returns to scale may occur as increasing the amount of inputs used A) increases...
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can you please explain these 2 questions with detailed
explanation and background theory both?
2 6:35 11 5 R 51%1 chapter_12_powerpoint_I. ppt What is the product of reaction below? 1) CH COH 2) -Он/н-0 но, Е. но. но В. A. но но но Determine the product. mCPBA Н н OH он он Нас. CHs C Н,с- CH3 Нас-сн D. A. H3C CH B н н Н Н E. none of the above
Help, Please with 2 questions, and please can u explain the
answer.
1. Use the model of supply and demand to explain why the prices of
vegetables after a hurricane increase more than the prices of
candies. Support your answer with a graph.
2. Analyze the effects of a taxation in this market
a) Find the values of price and quantity that guarantee a market
equilibrium (Q*,P*)
b) If the government imposes a $1 tax per unit sold, What...
Answer: A
the answer is A but can someone explain to me why? show yor work
and thanks in advance!
The following data apply to questions 5-9 The Santa Fe Manufacturing Company has two divisions in Kansas, the Holton Division and the Derby Division. Currently, Derby buys a part (10,000 units) from Holton for $16 per unit. Holton has purchased new equipment and wants to increase the price to Derby to $18 per unit. The controller of Derby claims that...
Please Give a detailed explanation, not just an answer! I am
trying to learn I'm a UCF student "go knights"!
ECO20023
UCF, Homework 2
Module 2 Homework Q Saved Help Save & Exit Submit A Slmple Model of Productlon Exerclse 1 Mountain Mack spends his time carving fishing lures and duck decoys. If Mountain Mack spends all of his time carving fishing lures he can carve 40 lures in a week. If he spends all of his time carving duck...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing costs b. transmits consumer preferences to the farm level effectively c. is equivalent to equilibrium pricing d. all of the above 2 product of labour a. increasing; constant b. increasing ; decreasing A production function Q-300 +10K+5L exhibits - returns to scale and - marginal c. constant; constant d. decreasing; constant 3. The marketing functions can a. easily be eliminated b. can only occur...
Please help me answer theses practice questions
QUESTION 2 Which of the following can a country implement to protect local industries (e.g. bicycles) according to the video on the deceptive promise of free trade? Border walls local training programs to strengthen local industries protectionist policies such as tarrifs creating a high minimum wage locally governments can't do anything QUESTION 3 Which of the following European countries has a trade surpluse with the US as well as most other European countries...
can someone please help me! I
am so lost
AutoSave $ u- Capital Budgeting Assignment FNCE 301 119 template-Saved to my Mac Home Insert Draw Page Layout Formulas Data Review View Developer Share Comments 2! Insert Times New Roman 10 A A = = = D 2Wraa Text General E AY-O. 4 Delete 2 Conditional Format Call Sort & Sensitivity Pesce Find & a Ideas B B IU E E B Merge & Center A $ - % Formatting as...
1) Decreasing returns to scale may occur as increasing the amount of inputs used A) increases specialization B) may cause coordination difficulties. C) always increases the amount of output produced D) increases efficiency. 2) Which of the following statements is NOT true? A) AFC = AC - AVC C) AVC = wage/MPL B) AC = AFC + AVC D) C=F-VC 3) The more elastic the demand curve, a monopoly A) will have a larger Lemer Index. will face a lower...
FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the blank Scarcity is the intimited nature of society's resources given society's limited wants 2. A reward is a type of positive incentive. 3. To remove difficulty of double coincidence of wants we use money. 4. An exogenous factor is a variable that can be controlled for inside the model. 5. The PPF will not have a constant slope. 6. The law of demand states...
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