--%>

Competitive pressures produce by economic losses

Economic losses produce competitive pressures which decrease the industries: (w) output and number of firms. (x) prices and profits. (y) percentage mark-ups over costs. (z) long term labor turnover.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Problem on I-Proprietorships The

    The business owned and operated by the lone individual is a/an: (i) Unit of labor. (ii) Entrepreneurship. (iii) Corporation. (iv) Sole proprietorship. Can someone please help me in finding out the accurate answer from the above opt

  • Q : Charge price similar to marginal cost

    When a profit-maximizing monopolist who does not price discriminate charges a price equal to its marginal cost, this will: (w) minimize average cost and generate zero economic profit. (x) minimize average cost and gen

  • Q : Elastic industry What industry is

    What industry is perfectly elastic that is not agriculture?

  • Q : Problem on opportunity cost of consumer

    Refer to the given table. If the economy is producing at production alternative C, the opportunity cost of the tenth unit of consumer goods will be:

  • Q : Problem based on GDP Assume nominal GDP

    Assume nominal GDP in the year of 2002 was $100 billion and in the year of 2003 it was $260 billion. The general price index in 2002 was 100 and in 2003 it was 180. Between 2002 and 2003 the real GDP rose by: A) 160 percent. B) 44 percent. C) 37 percent. D) 1

  • Q : Normal accounting profits I have a

    I have a problem in economics on Normal accounting profits. Please help me in the following question. The normal accounting profits are considered by the economists to be: (i) Exploitation of the consumer. (ii) Evidence of monopoly power. (iii) Economic costs of the p

  • Q : Wage Differentials-Adam Smiths theory

    The Adam Smith’s theory of wage differentials is least reliable with a case in which a: (1) Chef in the five-star restaurant earns a higher wage than cook in the fast food restaurant. (2) Security guard for U.S. firm in Baghdad is paid more than the security gua

  • Q : When is minimum wage legislation LEAST

    Minimum wage legislation is LEAST probable to stimulate: (w) higher teenage unemployment. (x) raised racial discrimination. (y) surpluses of unskilled workers. (z) decreased wage incomes for unskilled workers who keep their jobs.

    Q : Monopsonist-Wage discriminate Compared

    Compared with the price taker in labor market, the monopsonist which can’t wage discriminate will: (i) Hire more labor at any specified wage. (ii) Hire less labor at any wage. (iii) Pay a higher wage for any specified quantity of labor. (iv) Hire more prolific l

  • Q : Elasticity of demand of arc in demand

    The arc elasticity of demand of Ajax for labor in between point b and point c is approximately: (1) 0.30. (2) 0.60. (3) 0.90. (4) one. (5) two.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1430978 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1948143
    Asked

    3,689

    Active Tutors

    1430978

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.