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

Author Question: Suppose there areonlytwo firms (Firms A and B) in Canada that produce good X, and the two firms ... (Read 46 times)

byomi

  • Full Member
  • ***
  • Posts: 130
on: Oct 12, 2022

Question 1

At the level of the industry, the condition for productive efficiency is that
◦ MC = P for all goods.
◦ MC is equal for all firms in the industry.
◦ MRP = P for all inputs.
◦ goods are allocated equitably.
◦ there are no idle resources in the industry.

Question 2

Suppose there are only two firms (Firms A and B) in Canada that produce good X, and the two firms propose a merger to create a single firm (Firm AB). Is there any circumstance under which the authorities enforcing Canadian competition policy might approve of such a merger?
◦ According to the Competition Act, as long as the revenues of the merged firm are less than $100 million per year.
◦ If the market is defined as being within Canada's borders, and the merger allows Firm AB to exploit economies of scale.
◦ If international trade in good X is such that Firm AB faces a fully competitive environment, both within and outside of Canada's borders.
◦ According to the Competition Act, if the merged firm enhances the status of a Canadian cultural industry.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by byomi on Oct 12, 2022

bigboya

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 50% of students answer this correctly


byomi

  • Member
  • Posts: 130
Reply 2 on: Oct 12, 2022
Excellent

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

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?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Permafrost is found in much of Northern Canada Permafrost is found in much of Northern Canada
Four different spindle attachments produce four second-division segregation patterns Four different spindle attachments produce four second-division segregation patterns
The primary response causes B cells to produce memory B cells and a few antibodies. The second ... The primary response causes B cells to produce memory B cells and a few antibodies. The second ...
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
Peanut butter is good source of protein Peanut butter is good source of protein
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ... Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Video: Anaphylaxis Animation

For a complete list of videos, visit our video library