--%>
Assignment Help - homework help

Normal accounting profit

The only profit earned within the long run through a purely competitive firm is of: (w) normal accounting profit. (x) offset by short term losses. (y) created by exceptionally astute managers. (z) unrelated to its opportunity costs.

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

   Related Questions in Microeconomics

  • Q : Minimum value of investment multiplier

    Minimum value of investment multiplier: Investment multiplier K=1/1-mpcWhen mpc = 0 then K=1/1-0 = 1 that is the minimum value of investment multiplier

    		•
  • Q : Payments in dictionary of economic The

    The economic word for payments for the utilization of capital is: (1) dividends. (2) interest. (3) profit. (4) residuals. (5) royalties. I need a good answer on the topic of Economics problems. Ple

    		•
  • Q : Can the value of APS be negative Can

    Can the value of APS be negative:Yes, the value of APS is negative; when there are dissavings.

    		•
  • Q : Diminishing Marginal Utility of a good

    Whenever eating a whole pizza and realizing that the last piece didn’t taste almost as good as the first, you are experiencing is: (1) Diminishing the marginal utility. (2) Law of comparative advantage. (3) Law of income effect. (4) Law of supply.

  • Q : Labor Unions-Sitdown Strikes Whenever

    Whenever unions and managers have failed to arrive at a collective bargaining agreement and workers reject to leave the production facility owned by firm, the union’s strategy is termed as: (i) Boycott or an embargo. (ii) Management lock-out. (i

    		•
  • Q : Meaning of Caveat emptor I have a

    I have a problem in economics on Meaning of Caveat emptor. Please help me in the following question. Caveat emptor signifies: (i) Let the seller beware! (ii) Everything else held steady. (iii) Let things modify if they should. (iv) Charge whatever the market will allo

    		•
  • Q : Total fixed cost Total fixed cost: 1.

    Total fixed cost: 1. Fixed cost remains constant at each level of output ie it do not change with change in quantity.2. It can not be zero when output is zero.3. Its curve is parallel to X-aixs4.

    		•
  • Q : Large numbers of potential sellers in

    Features of pure competition do not comprise: (w) homogeneous products.(x large numbers of potential buyers. (y) important barriers to entry. (z) large numbers of potential sellers. Can anybody suggest me the prope

    		•
  • Q : Explain the term Realized Yield Explain

    Explain the term Realized Yield? Also write some points on it.

    		•
  • Q : Problem regarding Principal Agent The

    The baseball manager, whose players decline to bunt occasionally, rather always swinging for the homeruns, faces a: (i) Second-mover drawback. (ii) Prisoner’s dilemma. (iii) Principal-agent problem. (iv) Grim strategy. Can so

    		•