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Author Question: A firm will enter a competitive market when (Read 104 times)

nummyann

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on: Mar 14, 2021

Question 1

If the shutdown rule, p < AVC, is the same in the short run and the long run, explain why the shutdown prices may be different.

Question 2

A firm will enter a competitive market when
◦ it can gather market share at the expense of incumbent firms.
◦ it would not be the last firm entering.
◦ it can earn a positive long-run profit.
◦ the long-run supply curve is upward sloping.
Managerial Economics and Strategy ¦ Perloff, Brander ¦ 3rd Edition
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Marked as best answer by nummyann on Mar 14, 2021

raili21

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Reply #1 on: Mar 14, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nummyann

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Reply 2 on: Mar 14, 2021
Excellent

meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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