--%>
Assignment Help - homework help

Freedom of entry and exit

Typical firms in an industry can’t expect to produce economic profit in the long run when the industry has: (1) decreasing costs of production as the number of firms in the industry changes. (2) market demand exceeding the minimum average variable cost of production. (3) no barriers that preclude entry and exit in the long run. (4) increasing returns to scale of production across all feasible levels of output. (5) high marginal costs relative to its fixed costs.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Problem Bilateral Monopoly The word

    The word economists employ to explain a condition where a powerful seller confronts the powerful buyer is: (1) Reciprocal exploitation. (2) Strategic bloc management. (3) Dialectical bargaining. (4) Ancillary reciprocity. (5) Bilateral monopoly.

    Q : Example of demand curve shifts upward

    Can someone help me in finding out the precise answer from the given options. When consumers become willing and capable to purchase more of a good at each and every possible price, then the: (i) Demand curve shifts up-ward and to right. (ii) Quantity demanded increase

    		•
  • Q : Rate of Return on Investment When the

    When the rate of return on investment equals the interest rate, in that case the optimal level of investment will: (w) rise. (x) fall. (y) not change. (z) Any of the above is possible.

    Q : Demand and supply influences

    Changes in both demand and supply of a commodity might or might not influence its equilibrium price. Describe.

    		•
  • Q : Economies of positive scale with

    When economies of scale are full time positive in an industry, in that case the industry will: (1) evolve into a natural monopoly. (2) become inefficient before it gets very huge. (3) be unregulated by government. (4) be not capable to compete along w

    		•
  • Q : Oligopoly and economic welfare in long

    In an oligopoly, as opposite to monopolistic or pure competition, industry output within the long run is probable to be: (1) lower along with reduced prices. (2) about similar but with higher prices. (3) lower and with higher prices.

    		•
  • Q : Utility function notes on separable

    notes on separable utility function in microeconomics

    		•
  • Q : Process of Screening Can someone help

    Can someone help me in finding out the right answer from the given options. The principal who observes the qualifications of a potential agent prior to offering the agent a contract is engaging in the procedure of: (1) Signaling. (2) Finding out an efficient wage. (3)

    		•
  • Q : Excess demand in macro economics What

    What is meant by Excess demand in macro economics: In macro economics, if aggregate demand is greater than aggregate supply at full employment level, then there is excess demand.

    		•
  • Q : Bilateral Monopoly problem I have a

    I have a problem in economics on Bilateral Monopoly problem. Please help me in the following question. The bilateral monopoly is in operation when: (1) The firm is mere employer of some labor force and a union is the mere supplier of the labor for tha

    		•