--%>

Define break-even price

Break-even price: This is the price at which firms form zero normal profit.

   Related Questions in Microeconomics

  • Q : Profits and Losses in firms Of all the

    Of all the profits made by the U.S. firms, corporations account for regarding: (1) Less than 10 percent. (2) Between 10 percent and 20 percent. (3) Between 20 percent and 40 percent. (4) More than 40 percent. Can someone please hel

  • Q : Marginal factor-Costs problem I have a

    I have a problem in economics on Marginal factor Costs. Please help me in the given question. The synonymous words marginal factor costs or marginal resource costs signify to the: (p) Cost incurred in generating an additional unit of the capital. (q) Cost to the resou

  • Q : High poverty rate among not employed

    The high poverty rate in between those who do not work: (w) reflects voluntary choices for leisure over income and work. (x) is no cause for concern if it involves voluntary choice. (y) occurs since family responsibilities prevent many people from wor

  • Q : Federal minimum wage rose over

    The LEAST likely outcome, when the federal minimum wage is increased $1 over the equilibrium wage rate, that would be for the: (w) unemployment rate of teenagers and unskilled workers to rise. (x) quantity of unskilled workers supplie

  • Q : Market power at output market The

    The profit-maximizing firm which is perfectly competitive in the resource market however which consists of market power in the output market will hire the labor at a point where: (p) VMP = MRP = MFC = w. (q) VMP > MRP = MFC = w. (r) VMP = MRP = MFC > w. (s) VMP

  • Q : Find out price at maximizes profit

    LoCalLoCarbo that is the favorite corporation of fad dieters maximizes profit at a price: (1) P1. (2) P2. (3) P3. (4) P4. (5) P5.

    Q : Marginal costs with maximizing profit

    Pure competitors generate where P = MC since this: (w) is the best price and output for society. (x) maximizes combined consumer and producer surpluses. (y) is consistent along with maximizing profit at a specified price. (z) conforms to government re

  • Q : Are you being charged too much for

    This exercise inspects the higher prices charged in UK for music downloads as compared to the rest of Europe.

  • Q : Higher interest rate in current

    For current consumption growing preferences over future consumption would be evidenced from a: (w) higher interest rate. (x) more quick rate of investment. (y) larger government budget surplus. (z) surplus into the balance of trade.

  • Q : Profit or loss in purely competitive to

    When the wholesale price P = $5 per dozen roses, this purely competitive rose farm maximizes profit through producing ___ dozen roses at a total (loss or profit) of $___. (1) zero; loss; $2000. (2) 2000; loss; $1500.