--%>
Assignment Help - homework help

Total fixed cost in competitive firm

This competitive firm's fixed cost or TFC in demonstrated can be computed as area as: (i) 0P3fq4. (ii) P2P1de. (iii) P3P2ef. (iv) 0P2eq4. (v) aced.

1547_Total Revenue1.png

Hey friends please give your opinion for the problem of Economics that is given above.

   Related Questions in Microeconomics

  • Q : Monopolies in monopolistically

    Unlike several monopolies, a monopolistically competitive firm in long-run equilibrium produces a level of output where is: (1) price equals marginal cost. (2) pricing is economically efficient. (3) marginal revenue most greatly exceeds marginal cost.

    		•
  • Q : Opinion of Frank Knight about Risk and

    Opinion of Frank Knight, about economic profits is: (1) rewards for bearing uncertainty. (2) easily capitalized for firms possessing monopoly power. (3) rewards for innovation. (4) easily predicted when competent economic forecasting is employed. (5) equal to accounti

    		•
  • Q : Experience of mill for constant cost

    When generic lumber processing is a constant cost industry, within the long run this lumber mill is probable to experience a: (i) a severe shrinking of economic profit to zero. (ii) a decline within the price of 2×4s to about $2.40 apiece. (iii)

    		•
  • Q : Recommendation of data on poverty Data

    Data on poverty into the United States recommend that the: (w) sex of the head of the family is unrelated to the poverty rate. (x) race of the head of the family is unrelated to the poverty rate. (y) families headed by African-American or Hispanic wom

    		•
  • Q : Barriers to entry of dominated industry

    An industry dominated by small huge firms shielded through barriers to entry is: (1) a monopoly. (2) a vertically integrated industry. (3) an oligopolistic industry. (4) an aggregated industry. (5) a cartel. I need

    		•
  • Q : Elastic industry What industry is

    What industry is perfectly elastic that is not agriculture?

    		•
  • Q : Determine price elasticity of demand

    When a $9.98 sale on regular $19.95 watch fobs increases a store's sales from 30 to 300 weekly, the price elasticity of the demand faced through the store is approximately: (w) 2.46. (x) 1.23. (y) 4.92. (z) 0.62. C

    		•
  • Q : Problem on buyers and sellers

    The supply and demand are affected by the time in sense that the longer the time interval considered, the: (1) Less sensitive sellers and buyers are to price changes. (2) Much sensitive sellers and buyers are to price changes. (3) Bigger is supply and

    		•
  • Q : When price elasticity rise Price

    Price elasticity of demand for a good will tend to rise as the: (i) Number of reasonably good replacements available rises. (ii) Consumer income level rises. (iii) Good is a less significant budget item. (iv) Time permitted for response reduces. (v) Elasticity of supp

    		•
  • Q : Public international law issues The

    The following is a case problem around which the examination paper will be based. In preparation for the examination, you should study the problem scenario and identify the possible public international law issues which might arise, and how the law might be applied to

    		•