--%>
Assignment Help - homework help

Charge a price by monopolists

Most monopolists whom do not price discriminate and that operate effectively in the long run are capable to charge a price: (w) greater than minimum average total costs [ATC]. (x) less than MR. (y) less than marginal costs [MC]. (z) less than which of a pure competitor along with similar costs.

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

   Related Questions in Microeconomics

  • Q : Determine unitarily elastic demand of

    Assume that many students have fixed “pizza budgets.” When the price per slice falls by $10 to $1 along such demand curve for pizza weekly near a college campus, then the price elasticity of demand for pizza: (w) rises towards infinity. (x

    		•
  • Q : Total revenue of monopolistically

    A particular monopolistically competitive firm’s total revenue is probably to increase when this: (w) increases the prices of its products and consumer demand is elastic. (x) maintains its original price even if all of its compe

    		•
  • Q : Relationship between MPP and APP If MPP

    If MPP equivalent to APP, what will you state regarding APP? Answer: APP is at its maximum and steady or constant.

    		•
  • Q : Get economic profit by economic rent

    When you quickly attain economic profit because you build a store on rented land which turns out to be located conveniently for potential customers, in that case: (w) profit will increase when you buy the land after your lease expires. (x) rent will a

    		•
  • Q : Capital or current account Is import of

    Is import of machinery recorded in capital or current account? Answer: It is recorded in current account since it deals as the purchase of goods.

    		•
  • Q : Problem on adjustments in Income Effect

    Whenever your purchasing power drops as the price of a good you purchase increases, you make adjustments as of the: (1) Marginal utility effect. (2) Price level effect. (3) Income effect. (4) Consumer excess effect. Choose the righ

    		•
  • Q : Levels of output by monopolistic

    Monopolistic competitors generate levels of output which are: (w) more than socially optimal and equitable. (x) economically efficient. (y) where marginal social benefits exceed marginal social costs. (z) certain to generate economic profits.

  • Q : Imperfect competition problem I have a

    I have a problem in economics on Imperfect competition problem. Please help me in the following question. As MRP < VMP in the imperfect competition whenever firms have market power as the sellers: (1) MPPL = VMP. (2) Price of output surpasses MFC.

    		•
  • Q : Purely competitive or monopolies or

    Compared to either purely competitive firms or oligopolists, monopolies are: (w) more probable to consider the possible reactions of other firms. (x) oblivious to the actions of other firms. (y) less likely to engage

    		•
  • Q : Marginal Productivity Theory of Income

    The income distribution into a market economy is primarily found by differences within: (1) effort and sacrifice alone. (2) resource ownership and resource prices. (3) birth and social standing. (4) Lorenz coefficients. (5) political

    		•