Economic profit at profit-maximizing output

HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. When HoloIMAGine produces its profit-maximizing output, this is demonstrated as: (w) operating in the long run. (x) realizing an economic profit equal to area P₃P₁cd. (y) operating irrationally since it must shut down. (z) incurring total variable costs equal to 0P₃dq₃.

832_Market Power1.png

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

View Complete Question

Related Questions in Microeconomics

Q : Determine equilibrium by Price Ceilings

Between the predictable results while government sets a maximum price below equilibrium are: (1) shortages. (2) queues. (3) black markets and corruption. (4) economic inefficiency. (5) All of the above.

Q : Nonlinear kinked demand curve Within

Within this "kinked-demand curve" model, that firm views the demand curve this faces as the: (w) linear "kinked" demand curve aD2 for all prices. (x) linear "kinked" demand curve D1D1 for all prices. (y) nonlinear "kin

Q : Problem on average retail price and the

Table indicate the average retail price of milk and the Consumer Price Index in the year 1980 -1998. 1010_Average</span></p>
</div>

</li>

</td>
</tr><tr>
<td>

<li>
<div class=

Q : Analytic Time-The Market Immediate The

The analytical period of time is very short that the firm could not adjust output by hiring more or less of a variable resource was recognized by Alfred Marshall as: (1) Immediate or market period. (2) Long run. (3) Short run. (4) Technological or temporal long run.

Q : Investment in Equilibrium Investment is

Investment is within equilibrium in all of the given cases EXCEPT while: (w) after adjusting for risk, maturity, and liquidity, all income producing assets yield identical returns. (x) all prices of assets exactly equal their respecti

Q : Least commonly finance investment in

Business firms least commonly finance investment within new economic capital by: (w) retained earnings. (x) the issuance of common or preferred stocks. (y) borrowing from banks or other financial institutions. (z) gra

Q : Risk-Return-Diversification The below

The below table presents the three possible states for stocks A and B returns. (a) De

Q : Illustration of arbitrage in financial

Darlene thinks as the “cowboy look” will rebound sharply subsequent spring. Then she travels to Mexico and buys ten-thousand pairs of primo cowboy boots at $35 every, and after that waits, expecting to sell them for $350 a pair in Chicago within the spring

Q : Define poverty line by the income

Explaining the poverty line by the income needed to maintain a specified standard of living is: (w) a positive poverty standard. (x) a relative poverty standard. (y) a normative poverty standard. (z) an absolute poverty standard.

Q : Problem on Multiple regression analysis

Find two journal articles that have undertaken multiple regression analysis and compare the results. Specify the reference for the two papers.Requirements:

Discover Q & A

Leading Solution Library

Avail More Than 1414359 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1946674
Asked

3,689

Active Tutors

1414359

Questions
Answered

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

Submit Assignment