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Q: When does a firm break even under perfect competition?
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How is imperfect competition different from perfect competition?

In imperfect competition, there are really big companies that have a large effect on the economy, and there is even a monopoly sometimes. In perfect competitions, one of the requirements is not to have any sole firm have any noticeable impact on the economy.


The difference between Break Even Concept and Break Even Chart?

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Could a grasshopper break your neck if it was perfect timing?

No, even if you were traveling at 70 mph on a motorcycle, it will not break your neck.


What is the Difference Between Pure Competition and perfect Competition?

In imperfect competition the producer is the price maker whereas in perfect the producer is the price taker. In imperfect no new competitors enter the industries hence super normal profits will continue to be realised, unlike in perfect comp


What does The ghost of competition past refer to?

"competition often leads to character displacement, which remains even after direct competition is reduced.


What is the funniest Dr Cox quote ever?

My personal favourite is: "Listen here Supergirl, I will break you down into so many little pieces that even my Grandmother who can do a 1000 piece puzzle of clear blue sky in under an hour will never finish putting you back together again, even if she did go back in time to when her vision was perfect."


When was Break Even created?

Break Even was created in 2005.


Are perfect squares always even?

Yes they are always even, other wise it would not be a perfect sqare.


How do you calculate the break-even point for EBIT?

How to calculate the break even of EBIT


How does Luigi get his mansion?

Luigi gets his mansion after he wins a competition though he didn't even enter the competition


How do you calculate the market share to break even?

I think it is calculated by Break-even point, which is TC=TR Then, the Break-even point is multiplied by the unit cost.


How do you calculate the break even market share?

I think it is calculated by Break-even point, which is TC=TR Then, the Break-even point is multiplied by the unit cost.