This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Up to which point will a perfectly competitive firm continue to invest? Explain carefully. What ... (Read 47 times)

amal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 29, 2018
Up to which point will a perfectly competitive firm continue to invest? Explain carefully.
 
  What will be an ideal response?

Question 2

Refer to Figure 18-1. The appreciation of the euro is represented as a movement from
 
  A) A to B. B) D to A. C) A to C. D) B to C. E) D to C.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

A perfectly competitive profit-maximizing firm will keep investing in new capital up to the point at which the expected rate of return is equal to the interest rate. This is equivalent to saying that the firm will continue investing up to the point at which the marginal revenue product of capital is equal to the price of capital, or MRPK = PK.

Answer to Question 2

B


amal

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
Wow, this really help

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Location of point of maximum effort Location of point of maximum effort
Looking carefully at the scan tool data is very helpful in locating the source of a problem. Looking carefully at the scan tool data is very helpful in locating the source of a problem.
Direct thumb pressure to a trigger point. Direct thumb pressure to a trigger point.
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Firm handshake Firm handshake
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Video: Primary and secondary response to infection

For a complete list of videos, visit our video library