0
What else can I help you with?
What is a purely competitive industry?
Firms are price takers, price is equal to marginal costs, demand is perfectly elastic, i.e. constant and horizontal, the firms makes zero economics profits.
Why does demand equal marginal revenue in perfect competition?
In perfect competition, demand equals marginal revenue because firms in this market structure are price takers, meaning they have no control over the price of their product. As a result, they must sell their goods at the market price, which is also their marginal revenue.
Who were the risk takers in the new international trade market?
The entrepreneurs were the risk takers, as they invested the money in these global ventures.
What are three ranges for price elasticity of demand?
come on
Competitive firms are assumed to do what?
Be price takers.
When does Takers come out on DVD?
1-18-11
When does the moivie 'Takers' come out in theaters?
August 20th 2010.
What rhymes with spakers?
"Breakers," "makers," "takers."
What is the duration of Takers?
The duration of Takers is 1.78 hours.
As risk takers entreprenurs?
as risk takers entreprenurs
What is the rating for takers?
Takers (2010) is rated PG-13.
When was Takers created?
Takers was created on 2010-08-27.
When was Takers released?
Takers was released on 08/27/2010.
When was Houston Takers created?
Houston Takers was created in 2006.
When was Risk Takers created?
Risk Takers was created in 2007.
How do you say takers in Gaelic?
In Irish, 'takers' would be glacadóirí.In Scottish:
What is the duration of Thief Takers?
The duration of Thief Takers is 3000.0 seconds.
