0
NO, it depends on where the ATC (avg total cost) intercepts the MC (Marginal Cost)
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Can monopolies become oligopolies?
If you have a monopoly, why would you want an oligopoly? You make more profit alone.
Will a monopoly always produce at a profit-maximizing level of output?
Most businesses aim to operate at its profit-maximizing level at all times, but many factors make this nearly impossible. For instance, if they are short on workers they wouldn't be able to maximize profits.
Do monopolies always make profits?
Almost always. It is possible that a private firm could have a monopoly of some wholly unprofitable activity but it would probably discontinue it or else not exist for much longer. Unprofitable but necessary activities are often passed to some arm of government. For example, local government will often have a monopoly of fire-fighting services.
Why monopoly firms make supernormal profit in long run?
because , because , because , because , because, because, do it your self you lazy c**t
In what market structures is it possible for Firms to make positive profit in the long run?
Monopoly and Oligopoly are both the only firms that may make positive profit in the long run. Under LONG-RUN MARKET TENDENCY OF PRICE AND ATC: Monopoly P>ATC and Oligopoly P>ATC both will have postive profits, however it possible to turn to zero profits if there isn't capitalization of the profits or any rent-seeking activities or if the market is contestable. But moreover, the answer you're looking for is the above that bother Monopoly and Oligopoly will have positive profit in the long run.
What are the financial objectives of a firm?
To make a profit.
What are the financial objectives of the firm?
To make a profit.
A firm that does not seek to make money is a what?
Not-for-profit organization
Can monopolies become oligopolies?
If you have a monopoly, why would you want an oligopoly? You make more profit alone.
Will a monopoly always produce at a profit-maximizing level of output?
Most businesses aim to operate at its profit-maximizing level at all times, but many factors make this nearly impossible. For instance, if they are short on workers they wouldn't be able to maximize profits.
Why a firm may develop a new product?
A firm would usually do that because it expects to sell the product, and make a profit.
Do monopolies always make profits?
Almost always. It is possible that a private firm could have a monopoly of some wholly unprofitable activity but it would probably discontinue it or else not exist for much longer. Unprofitable but necessary activities are often passed to some arm of government. For example, local government will often have a monopoly of fire-fighting services.
Why monopoly firms make supernormal profit in long run?
because , because , because , because , because, because, do it your self you lazy c**t
In what market structures is it possible for Firms to make positive profit in the long run?
Monopoly and Oligopoly are both the only firms that may make positive profit in the long run. Under LONG-RUN MARKET TENDENCY OF PRICE AND ATC: Monopoly P>ATC and Oligopoly P>ATC both will have postive profits, however it possible to turn to zero profits if there isn't capitalization of the profits or any rent-seeking activities or if the market is contestable. But moreover, the answer you're looking for is the above that bother Monopoly and Oligopoly will have positive profit in the long run.
How much of your profits does an investment firm usually take?
The amount an invetment firm takes varies depending on your investment and any deals you were able to make at the beginning. Sit with an investment firm and see what they will charge you if your investment makes a profit.
How do you start a real estate firm?
get a license. make a website. profit. easiest job ever. 3% is a joke. should be illegal
What name is given to a country which main aim you the maximization of profit?
I think what your asking it what economic system is in place in a country where firms maximise profit. The answer is Capitalism. Under Capitalism, such as we observe in the western world (UK, USA etc) each firm produces a product or service in order to make profit. The firm then allocates this profit amongst shareholders or individual owners as it sees fit. Under Communism, which was observed in Eastern Europe and the USSR, each firm produced a good or service which is allocated by the state.
