Attract aggressive competition by high profits

There is substantial evidence which: (w) size alone protects modern corporations from competitive pressures. (x) big unions manipulate government more than big business does. (y) the marketplace serves business firms better than consumers. (z) high profits attract aggressive competition so which consumers’ needs are met reasonably well.

How can I solve my Economics problem? Please suggest me the correct answer.

View Complete Question

Related Questions in Microeconomics

Q : Yellow Dog Contracts-non-union

The worker who signed a yellow dog contract in the year 1920s agreed: (i) To support the union’s feather-bedding efforts. (ii) Not to work with the ‘scab’ non-union strike-breakers. (iii) To pay the union dues as protection from the violent union org

Q : Define abnormal profit Abnormal profit:

Abnormal profit: It is the gain earned over and above the normal profit.

Q : Example of predatory behavior Assume

Assume that a new Wal-Mart is built just outside a small town, and also Wal-Mart aggressively cuts prices therefore much that the rivals close their doors. In that case, once its rivals exit the market, the Wal-Mart raises prices significantly. Wal-Ma

Q : Production Costs in generating goods

Production possibilities frontiers be inclined to concave (or bowed out) from the origin as: (1) goods differ in their capacities to gratify individual needs. (2) A land, labor and capital mix is needed for all the production. (3) People vary in their

Q : Question on ATC and MC A perfectly

A perfectly competitive market within the long period: Data firm A: ATC = y2 4y + 12 an

Q : GDP In calculating the GDP national

In calculating the GDP national income accountants

Q : Negative externalities Give the answer

Give the answer of following question. Negative externalities arise: A) when firms pay more than the opportunity cost of resources. B) when the demand curve for a product is located too far to the left. C) when firms "use" resources without being compelled to pay for

Q : Bonds and Interest Rates in Long-Term

When the interest rate increases, in that case the price of a long-term bond: (w) rises faster than a perpetuity bond. (x) falls. (y) does not change. (z) appreciates relatively less than a short term bond. Hello g

Q : Levels of recent interest rate When

When households become ever more willing to sacrifice future consumption therefore that they can enjoy greater levels of recent consumption, in that case the: (w) interest rate rises. (x) interest rate falls. (y) present value of future income rises. (z) equilibrium r

Q : Problem on long run competitive

The technology is such that LAC is minimized at firm’s output equivalent to 10 and minimum LAC is Rs. 15. Assume that the demand schedule for the product is given as shown:

Discover Q & A

Leading Solution Library

Avail More Than 1428081 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1932690
Asked

3,689

Active Tutors

1428081

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment