--%>
Assignment Help - homework help

Minimum possible economic losses

Hello guys I want your advice. Please recommend some views for below illustrated figure of Economics problem that for this profit-maximizing pure competitor, area Pbgh signifies: (1) fixed cost (TFC). (2) average fixed cost (AFC). (3) losses, but the minimum possible economic losses. (4) maximum positive economic profits. (5) rate of return on investment.

2028_profit-maximizing.png

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Classical adjustment in capital markets

    The first plans of savers and investors within this closed private economy are demonstrated as S0 and I0. Assume that people begin spending less on current consumption, and total saving plans shift to curve S

    		•
  • Q : Road charging-an end to congestion

    ‘State the economic arguments on whether big cities which have congested roads must charge a road tax?’

    		•
  • Q : Distribution of income-inequitable

    Reliance on private demands and supplies to allocate resources and goods is least specific to yield an economically inefficient solution when: (i) producers have significant monopoly power. (ii) a good is nonrival and

    		•
  • Q : Substitution Effect-decreasing

    The substitution effect is negative since people react to a price raise by: (i) Reducing purchases of good. (ii) Generating more of good. (iii) Purchasing some substitute goods. (iv) Working less to sustain the existing purchasing patterns.

    Q : Competitive Profit Maximization-average

    The purely competitive firm which hires more workers if the value of marginal product of labor increases above the competitively set wage rate will certainly experience rises in its: (1) Overhead costs. (2) Profit per unit. (3) Average variable cost. (4) Marginal reve

    		•
  • Q : Problem of tax on a good I have a

    I have a problem in economics on Problem of tax on a good. Please help me in the following question. The tax on a good tends to form: (1) A wedge between the price buyers pay and the price sellers collect. (2) Rises in supply from the perspectives of buyers. (3) More

    		•
  • Q : Laws and Regulations-caveat emptor I

    I have a problem in economics on Laws and Regulations-caveat emptor. Please help me in the following question. The Latin phrase which means ‘let the buyer beware is: (1) Caveat emptor. (2) Laissez-faire. (3) Fiat justitia and ruat coelum. (4) Epluribus unum. (5)

    		•
  • Q : Functional Distribution of Income

    Computing the relative shares of national income accounted for by wages, interest, rent, and profit, yields, respectively measures called the: (1) market distribution of income. (2) functional distribution of income. (3) objective distribution of inco

    		•
  • Q : Quantity demanded and goods price The

    The law of demand defines that there is a negative relationship among: (1) A good’s price and quantity demanded. (2) Limitless demands and inadequate resources. (3) The quantities demanded and supplied. (4) People’s income and demands for

    		•
  • Q : Increasing cost industry in long run

    When curve C reflects the long run supply curve as in demonstrated figure for this industry, in that case this is a/an: (w) decreasing cost industry. (x) increasing cost industry. (y) constant cost industry. (z) diseconomies of scale industry.