--%>

Competition and Rivalry

When new firms enter an imperfectly competitive market, in that case the demand curves of the firms previously in the market will: (w) shift to the left. (x) shift to the right. (y) become vertical. (z) become horizontal.

Hey friends please give your opinion for the problem of Economics that is given above.

   Related Questions in Microeconomics

  • Q : Price ceiling below the equilibrium

    Setting a price ceiling below the equilibrium price will: (w) bring the equilibrium price down. (x) create excess demand at the maximum price. (y) create excess supply at the maximum price. (z) clear the market at the maximum price.

  • Q : World price in market When for wheat

    When for wheat the world price is $10 per bushel, and Del, who one owns the biggest wheat farm into North Dakota, will work at: (i) point a. (ii) point b. (iii) point c. (iv) point d. (v) point f.

    Q : Monopolistically competition A

    A monopolistically competitive firm: (w) confronts a perfectly elastic demand curve. (x) is a price taker. (y) faces stiff competition from many competitors producing close substitutes for its product. (z) consciously considers potential responses by

  • Q : Centers for production in circular flow

    I have a problem in economics on Centers for production in circular flow model. Please help me in the following question. The centers for production in a circular flow model are termed as: (1) Households. (2) Public enterprises. (3) Business firms. (4

  • Q : Vietnam divided into two different

    Why Vietnam divided into two different nations?

  • Q : Higher interest rate in funds A higher

    A higher interest rate is probably to be a consequence of: (1) lower expected profitability to investors. (2) new tax breaks onto interest income. (3) weakening preferences for current income over future income. (4) increased preferences for recent co

  • Q : Problem on Horizontal Mergers Can

    Can someone please help me in finding out the accurate answer from the following question. Which of the given below is not an illustration of horizontal integration? (1) Prudential Insurance gets Metropolitan Life Insurance. (2) Daimler-Benz absorbs Chrysler. (3) McDo

  • Q : Effect of minimum wage laws in

    The Minimum wage laws might efficiently raise employment: (i) When the set wage value surpasses labor market equilibrium. (ii) In industries of profoundly exercised monopsony power. (iii) In no condition; higher minimum wage floods the labor supply and lower minimum w

  • Q : Market Prices signals I have a problem

    I have a problem in economics on Market Prices signals. Please help me in the following question. Market prices are the: (1) Signals among sellers and buyers. (2) Generally higher than the opportunity costs. (3) Set by the government regulations. (4)

  • Q : Increased value of product due to time

    The farmer stores corn after its harvest in the fall and then vends it in the spring as a hog food at very higher price. The raised value of the corn is due to its modifying: (i) Place. (ii) Form. (iii) Possession. (iv) Time. Can s