--%>

Economic losses generate competitive pressures in industry

Economic losses in an industry generate competitive pressures which cause: (1) industry output to fall. (2) market price to decrease. (3) each firm’s short-run output to increase. (4) rising costs for industry inputs. (5) firms to expand productive capacity.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Limitation of economies capacity I have

    I have a problem in economics on Production Possibilities Frontiers. Please help me in determining the right answer from the following question. The economy’s capacity to generate/make is NOT limited by the: (i) Amount of resources accessible. (

  • Q : Relatively price elastic when supply

    Even though a drought decreases supply from S1 to S0, at each point along both of such supply curves, the supply of tanks of dehydrated water: (i) perfectly price elastic. (ii) relatively price elastic. (iii) unitarily price elastic. (iv) relativ

  • Q : Find price elasticity of demand for

    Suppose yearly steel sales double to 80 million tons while the price falls $40 per ton, to $180 per ton. Therefore price elasticity of demand for steel is approximately: (w) 3.333. (x) 10.000. (y) 2.500. (z) 6.667.

    Q : Problem on market supply of labor Can

    Can someone please help me in finding out the accurate answer from the following question. The marginal resource cost for monopsonist in the labor market which can’t wage discriminate: (1) Is perfectly elastic. (2) Is perfectly inelastic. (3) Lies above the mark

  • Q : Persistent range of output by economies

    When economies of scale are persistent across the range of output which people might feasibly purchase, in that case: (w) pure competition is the most efficient market structure. (x) competition will prevent monopolization of the industry. (y) competi

  • Q : Variable costs in short run A monopoly

    A monopoly tends to shut down within the short-run when: (i) price is less than the minimum of average total costs [ATC]. (ii) price cannot cover all overhead costs. (iii) variable costs are not covered. (iv) total costs exceed total revenues. (v) the

  • Q : Boycotts concerning problem People who

    People who decline to buy the products of a firm whose activities they disapprove, especially whenever such rejection is intended to support the employees who are on strike, and who advise others to not purchase such products, or to not deal with these firms, are enga

  • Q : Problem based on production

    Refer to the given production possibilities curve and give  answer of following question . At the onset of the Second World War the Soviet Union was already at full employment. Its economic adjustment from peacetime to wartime can best be described by the movemen

  • Q : Examples of perishable goods I have a

    I have a problem in economics on Examples of perishable goods. Please help me in the following question. Illustrations of perishable goods comprise: (1) The book Carrie reads each and every night before brushing her teeth. (2) The computer Barry emplo

  • Q : Marginal revenue of individual

    For an individual price-taker firm, marginal revenue is: (w) another term for profit. (x) constant and equal to price. (y) less than price. (z) negatively sloped. I need a good answer on the topic