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Все вопросы
- In order to minimize losses in the short run, a perfectly competitive firm should shut down if #561
- Which of the following is NOT a characteristic of long-run equilibrium for a perfectly competitive firm? #562
- When total fixed costs increase, #563
- A typical firm in a perfectly competitive market made positive economic profits last period. This period, #564
- A competitive firm will maximize profit by hiring the amount of an input at which #565
- A firm in a competitive industry faces a market price for output of $25 and a wage rate of $750. At the current level of employment (50 units of labor), the marginal product of labor is 20. In order to maximize profit, the firm should #566
- The short-run market supply in a perfectly competitive market is the horizontal summation of the firms' marginal cost curves when #567
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A consulting company estimated market demand and supply in a perfectly competitive industry and obtained the following results: where P is price, M is income, and is the price of a key input. The forecasts for the next year are = $15,000 and = $20. Average variable cost is estimated to be Total fixed cost will be $6,000 next year. What is the profit-maximizing output choice for the firm?
#568
- A civil action begins when a plaintiff files his or her first pleading, a(n) __________. #569
- The capital gains yield equals which one of the following? #570