--%>
Assignment Help - homework help

Normal accounting profits

I have a problem in economics on Normal accounting profits. Please help me in the following question. The normal accounting profits are considered by the economists to be: (i) Exploitation of the consumer. (ii) Evidence of monopoly power. (iii) Economic costs of the production. (iv) Extreme economic profit.

Choose the most appropriate option.

   Related Questions in Microeconomics

  • Q : Problem regarding to present value and

    When the price of a financial asset is of $2,000 and the interest rate is 10 percent, in that case investment is not reasonable for: (1) a perpetuity paying $200 annually. (2) an income stream paying $1000, $800, and $600, respectivel

    		•
  • Q : Demand curve for peanuts Question: a)

    Question: a) Johnny consumes peanuts (x1) and a composite good (x2). His utility function is U = x1x2. His marginal utilities are MU1 = x<

    		•
  • Q : Elasticity of Demand for Labor Can

    Can someone help me in finding out the right answer from the given options. Absolute value of the proportional change in labor hired divided by the proportional change in the wage rate is termed as the: (1) Income or substitution coefficient. (2) Employment salary or

    		•
  • Q : Synonym for the economists term utility

    I have a problem in economics on Synonym for the economist’s term utility. Please help me in the following question. The reasonably close by synonym for the economist’s term utility is: (1) Consumption. (2) Marginalism. (3) Discontentment. (4) Satisfaction

    		•
  • Q : Selling of physically indistinguishable

    While physically indistinguishable units of a good are concurrently sold at various prices at various locations, such price differentials reflect: (1) differences within marketing and advertising costs. (2) rational ignorance by consumers. (3) differe

    		•
  • Q : Competition in the long run Economic

    Economic profits produce competitive pressures which raise the industries: (w) price for output. (x) output and number of firms. (y) exit rate for established firms. (z) monopoly power in its largest firms. Hey fri

    		•
  • Q : Problem on Monopsony I have a problem

    I have a problem in economics on Monopsony. Please help me in the following question. The monopsonist is a price: (1) Taker as a buyer. (2) Taker as a seller. (3) Maker as the seller. (4) Maker as the buyer. Choose

    		•
  • Q : Normal profit Normal profit signifies

    Normal profit signifies zero economic profit. Explain why?

    		•
  • Q : Micro-macroeconomics in allocative

    Economic questions involving both microeconomics and macroeconomics would take in the effects on allocative efficiency and economic development of: (i) War within the Middle East and skyrocketing international prices

    		•
  • Q : Determine demand over the relevant

    Predictions which higher gasoline prices will increase total spending on gas imply such as the demand over the relevant price range that is: (w) unlimited. (x) relatively price elastic. (y) unitarily price elastic. (z) relatively price inelastic.

    		•