Excessively high production costs to profit

The merely fast food restaurant conveniently located close to a fast-growing suburb may be rather profitable despite sloppy management and poor quality control. There market power can enable several firms along with excessively high production costs to profit, that phenomenon termed as: (w) asymmetric marketing. (x) entrepreneurial sloth. (y) X-inefficiency. (z) corporate raiding.

Please choose the right answer from above...I want your suggestion for the same.

View Complete Question

Related Questions in Microeconomics

Q : Illegal predatory strategies Which of

Which of the give predatory strategies is illegal: (w) Redesigning an existing product to make this incompatible along with a rival's product. (x) Introduction of a close substitute to a rival's product. (y) Pricing below cost into order to force riva

Q : Short-run supply curve of a purely

Short-run supply curve of a purely competitive firm is the positively sloped segment of: (a) its long run sales revenue curve. (b) its marginal fixed cost curve. (c) its average profits curve. (d) its average total cost curve. (e) its MC curve above t

Q : Rental Values of Property Rental values

Rental values of property to a firm are POSITIVELY associated to the: (w) transactions costs incurred through the customers of the firm. (x) transportation costs of the firm’s resource suppliers. (y) physical characteristics which contribute to

Q : Economies of Scope exploitation I have

I have a problem in economics on Economies of Scope exploitation. Please help me in the following question. A retailer providing multiple lines of clothes in a mall is attempting to exploit the economies of: (i) Scope. (ii) Structure. (iii) Scale. (iv) Information. (v

Q : Examples of command economies Give the

Give the answer of following question .Tell examples of command economies: A) the United States and Japan. B) Sweden and Norway. C) Mexico and Brazil. D) Cuba and North Korea.

Q : Why production possibility curve is

Why production possibility curve is concave? Answer: This is due to increasing the marginal opportunity cost.

Q : Buying on margin What does “ buying on

What does “buying on margin” means?

Q : Condition for deficit in balance of

What is the condition when there is a deficit in balance of trade? Answer: When import > export

Q : Firms demand for labor Assume that the

Assume that the international auto industry has become monopolistically competitive and you run a small automaker. The events which would not directly influence your firm’s demand for labor comprise: (i) Sales of your company’s most admired car unexpectedl

Q : Find out price elasticity of supply

When Info-Gadget and Inc. offers only 333 thousand generic potato peelers monthly at $1 each as well as 1,667 thousand at $2 each, its price elasticity of supply is around: (1) 1.0. (2) 1.5. (3) 2.0. (4) 3.0. (5) 0.5.

Discover Q & A

Leading Solution Library

Avail More Than 1431348 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1960820
Asked

3,689

Active Tutors

1431348

Questions
Answered

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

Submit Assignment