--%>

Problem on Analytic Time-Long Run

Can someone please help me in finding out the accurate answer from the following question. The length of time needed for a firm to reach the long run is: (i) One year. (ii) Five years. (iii) Ten years. (iv) Variable and depend on the easiness of purchasing or selling specific kinds of resources.

   Related Questions in Microeconomics

  • Q : Public policies to protect by limiting

    The government breakup of AT and T within various regional telephone companies and deregulating long distance services are illustrations of government: (w) enforcement of company size ceiling regulations. (x) creation of monopoly powers. (y) trying to

  • Q : Minimum wage law for poor workers A

    A minimum wage law does NOT make pressures which tend to: (1) benefit high wage workers. (2) cause unemployment among unskilled workers. (3) uniformly help poor workers. (4) increase teenage unemployment. (5) foster discrimination.

    Q : Economic inefficiency per unit of output

    When this firm cannot price discriminate, after that the rate of economic inefficiency per unit of output which its exercise of market power yields equals to: (i) area 0PbQ0. (ii) distance af. (iii) area 0fcQ0. (iv) distance bc. (v) r

  • Q : Monopsony Power- Labors Immobility I

    I have a problem in economics on Monopsony Power and Immobility of Labor. Please help me in the given question. The immobility of labor is economically significant as: (w) Most of the people like to move, however can't. (x) People in high salary occupations won't be c

  • Q : Implicitly weigh marginal cost and

    implicitly weigh marginal cost and marginal benefit

  • Q : Oligopolistic firms by intersecting two

    In this illustrated figure kinked demand curve model, there two demand curves intersect at point a since the other oligopolistic firms: (w) are rapid to follow both price increases and price decreases by rival firms. (x) will follow p

  • Q : LEAST dependency Demands for labor

    Demands for labor depend LEAST upon the levels of: (w) labor productivity. (x) technology as well as amounts of other resources employed. (y) demand for final products. (z) trade off among work (creating income) and leisure.

    Q : Technology in supply I have a problem

    I have a problem in economics on Technology in supply. Please help me in the following question. The bumper corn crop caused by the good weather would symbolize a raise in: (i) supply. (ii) Consumer’s tastes for corn. (iii) Demand. (iv) The price of corn. <

  • Q : Labor Union Goals economically

    Economically, the labor unions can be thought of as the: (i) encouraging competition between the workers for jobs. (ii) Rising the flexibility of nominal wages. (iii) Attempts to cartelize and unite the individual sellers of labor. (iv) Having a goal of the minimum un

  • Q : Blacklisting-Labor history Can someone

    Can someone please help me in finding out the accurate answer from the following question. Firms which colluded by circulating the names of the union organizers and hence they would have difficulty getting jobs were engaged in a now-illegal practice termed as: (1) Fea