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Q: How did you get the perfect competition values
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A: Here you'll go to fine Indian restaurants in big cities like New York. The company offers authentic…
Q: A firm under perfect competition is
A: To find : What is firm under perfect competition.
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A: As a manager ,the primary responsibility is to look in the profits of the business. Business can be…
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Q: Price = $20, quantity = 400 units, unit cost = $15,implicit costs $ = 4,000. What does economic…
A: Given: Price = $20, Quantity = 400 units, Unit cost = $15, Implicit costs $ = 4,000 To find: econom
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A: There are two types of profit: Accounting Profit Economic Profit
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Q: What does that mean in terms of long-run profit?
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A: (Since you have asked many questions, we will solve the first one for you. If you want any specific…
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A: The answer is given below
Q: Write down the assumptions of perfect competition
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Q: Degree of competition and define it's types.
A: There are four degrees of competition. Monopoly : in monopoly there is only one seller and hence…
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Q: Define a perfect competition market structure?
A: Market structure defines the features of a market in which the buyers and sellers interact to sell…
Q: Why is competition an important factor that has to be studied before putting up a business?
A: Competitions refer to a situation when rivalry firms try to maximize profit by gaining market share…
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Q: What is the meaning of economic profit. Support your answer by example?
A: There are two types of profit: Economic Profit Accounting Profit The economic profit can be…
Q: Explain what so special about perfect competition
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Strictly speaking, pure competition is relatively rare. Then why study it?
A: Pure competition is a business condition where similar goods are sold by a wide number of individual…
Q: Comparison between Pure competition and the perfect competition in market structure of the economy?
A:
Q: the assumptions of perfect competition?
A: To find : Assumption of perfect competition.
Can you give examples of companies with
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- The Organizational Culture of Quinlan'sIdentify an industry where small and large businesses compete with each other. If you own one of the competing small businesses, what strategy would you adapt?How do you think the supply chain expanded into an online business can improve the performance of the company?