yes
if competative industry z is making substantial economic profit, output will:
The product market is the market in which firms sell their output of goods and services.
A four-firm concentration ration of 50 percent means that the top four firms of a particular industry produce 50% of the total output for the entire industry. The higher the concentration ration, the closer the industry becomes to an oligopoly or a monopoly.
what are the imports in indusrty to increase output and perphaps exports
well in my class it is mostly about exsisting resources
Put simply there are 3 stages like (a) Firm: Uses raw materials to produce output, may be intermediate or final, (b) Industry: A collection of identical firms, (c) Market: The output is put for sale by the industry, the meeting or exchange place, where producers meet consumers.
Major consumers of industry output in order of market size include foreign consumers, the federal government, medical and health services, doctors and dentists
if competative industry z is making substantial economic profit, output will:
The product market is the market in which firms sell their output of goods and services.
Output is not a color. It is the amount of something that is produced by a person, machine, or industry.
Input : What is put into the industry. Process : What is done to the inputs to acheive the finished product. Output : What you have made/produced. Example of an Argricultral Industry: Cow (Input) Milking (Process) Milk (Output) Hope this helps you!! :D
A four-firm concentration ration of 50 percent means that the top four firms of a particular industry produce 50% of the total output for the entire industry. The higher the concentration ration, the closer the industry becomes to an oligopoly or a monopoly.
it is a broad concept and final result..... M.E. is simply defined as the ratio between the market output to the market input multiplied by 100. so, ME= market output or satisfaction / market input or cost of resources X 100
A firm with market power has the ability to control prices and total market output .
what are the imports in indusrty to increase output and perphaps exports
The Bureau of the Census reported the value of output for the plywood and veneer (softwood) manufacturing industry as $4.4 billion for 2001. The demand for veneer and plywood depends on the construction industry.
A complete computer system consists of hardware and software. Hardware comprises input, output, processor and storage while software encompasses system and application software.