« previous next »

Author Question: An unplanned decrease in inventories results in A) actual investment that is greater than planned ... (Read 80 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
An unplanned decrease in inventories results in
 
  A) actual investment that is greater than planned investment.
  B) an increase in planned investment.
  C) actual investment that is less than planned investment.
  D) a decrease in planned investment.

Question 2

Explain why selling output at a price below that at which marginal revenue equals marginal cost (MR = MC) might serve to deter entry of a potential competitor.
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

If a potential entrant is unsure about the existing firm's marginal cost it might believe that the firm is maximizing profits at its chosen price and quantity combination and will conclude that profits are low in this industry. As a result, the potential entrant might believe it cannot compete with the existing firm. Alternatively, the potential entrant might view the low profits as inadequate incentive to enter the industry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Allen Test: An occluded ulnar artery results in continued pallor of the hand while the radial artery Allen Test: An occluded ulnar artery results in continued pallor of the hand while the radial artery
Volvulus. A volvulus results when the small intestine twists, causing an obstruction that can lead t Volvulus. A volvulus results when the small intestine twists, causing an obstruction that can lead t
(B) Actual photo of fetus at week 9. (B) Actual photo of fetus at week 9.
Effects of Retrieval Practice on Predicted and Actual Memory Performance Effects of Retrieval Practice on Predicted and Actual Memory Performance
Geese continued to follow a human around assuming their actual mothers Geese continued to follow a human around assuming their actual mothers
F1 and F2 results of Mendel’s dihybrid crosses F1 and F2 results of Mendel’s dihybrid crosses
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library