--%>
Assignment Help - homework help

Profits and Losses in firms

Of all the profits made by the U.S. firms, corporations account for regarding: (1) Less than 10 percent. (2) Between 10 percent and 20 percent. (3) Between 20 percent and 40 percent. (4) More than 40 percent.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Monopolistic competition in long run

    When this firm initially had important market power along with potential long-run economic profit, a likely cause of the firm finally being in a stable equilibrium of an $18 price and output of 5,000 units every day would be:  (1

    		•
  • Q : Relatively market power The firm from

    The firm from the given list with relatively the most market power would probably be: (w) General Motors. (x) the world's biggest wheat farm. (y) a gas station in Wayout, Wyoming that has no competitors into 70 miles. (z) the BestBuy in Durham, North

    		•
  • Q : Comparative advantage in making food

    When Wilma can make a brontosaurus burger in 10 min and a cactus cooler in 5, whereas Betty can make the burger in 8 min and the cactus cooler in 3. Then find out the right option from the above: (1) Betty consists of a comparative disadvantage in the coolers and a co

    		•
  • Q : Voluntary verses Involuntary Poverty

    When physically and mentally capable individuals who are born in impoverished families fail to work after they develop up but since they can rely on charity, in that case they are experiencing: (1) involuntary poverty. (2) relative poverty. (3) a vicious cycle of pove

    		•
  • Q : Firms and the Transaction Costs Can

    Can someone help me in finding out the right answer from the given options. The survival of all firms eventually depends on the capability to: (i) Decrease transaction costs to consumers. (ii) Produce economic gain. (iii) Maximize the value of output for given cost. (

    		•
  • Q : Distorted competitive workings of the

    The competitive workings of the market for soy beans would be distorted when: (1) Europe experiences a severe drought and has paltry harvests this year. (2) Ethiopia imports soy beans to feed its hungry masses. (3) the U.S. imposes a soy bean embargo forbidding export

    		•
  • Q : Relationship between MC and ATC What

    What happens to ATC if MC < ATC? Answer: ATC will down or fall.

    		•
  • Q : Maximizing profit by hiring labor The

    The firm maximizes profit by hiring the labor at a point where labor’s: (i) Marginal physical product equal its average physical product. (ii) Marginal revenue product equivalents its marginal resource cost. (iii) Rate of exploitation is maximum. (iv) Wage rate

    		•
  • Q : Problem on decline of demand The

    The automakers slashed prices and gave ‘zero percent financing’ throughout the year 2001-2003 recession. An expected outcome was: (1) The decline in the demand for utilized cars. (2) enhanced maintenance of older cars by their owners. (3) Buyers purchasing

    		•
  • Q : Categorized Economic Capital Your

    Your family’s home can produce the service of shelter across several years, therefore from the vantage point of economics; your home can most rationally be categorized as: (1) a financial investment. (2) a fixed cost resource. (3) economic capit

    		•