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When should a perfectly competitive firm should expand output?
Wiki User
∙ 11y ago
when price>marginal cost
Wiki User
∙ 11y ago
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What is potential output in macroeconomics?
Potential output is the capacity to produce should all factors be employed in an economy. For example, it is the output should there be no unemployment, no spare labour and no spare capital. It is unlikely that actual output will be the same as potential ouput since there is always unemployment.
What is equilibrium output?
It is the output of an economy that equates aggregate supply with aggregate demand.
Should a monopolistically competitive firm take into account it's fixed costs when deciding how much to produce?
No. A monopolistically competitive firm should produce up to the point where marginal revenue equals marginal cost.
8. The marginal output rule states that if a firm does not shut down then it should produce output at a level where?
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How should Airasia respond to the destruction posed by characterize the competitive dynamics in this market?
competitive dynamics: adoption the copmetitive responds and action taken by firm in market.
Do protec helmets expand?
they should expand but in a very small amount
Should there be competitive exams?
I believe that competitive exams should be held as the child can prove himself if he is unable to do so as there are many subjects in school. And it should be optional. Children should decide whether they want to take part in some competitive exams or not. Parents should also keep in mind that thy should not force their children to take part. Thus competitive exams should be held and the child should decide if he wants to take part
What was the belief behind the manifest destiny?
America could, and should, continue to expand westward at all costs.
If one of the diodes in the rectifier is opens what should be possible output voltage?
low output
What is potential output in macroeconomics?
Potential output is the capacity to produce should all factors be employed in an economy. For example, it is the output should there be no unemployment, no spare labour and no spare capital. It is unlikely that actual output will be the same as potential ouput since there is always unemployment.
Many of the sweater or sweaters fit him perfectly?
many of the sweaters fit him perfectly i,m a teeacher i should know!
Does ink expand when frozen?
you should MICROWAVE it. BAM
What is equilibrium output?
It is the output of an economy that equates aggregate supply with aggregate demand.
Is USB drive input or output?
It's an output. I think. The usb port is already in there, so it should be an output. An input is something you put in, and an output is something that comes out. Hope this helps. :)
How do you expand on Pet Shop Story?
To expand on the game, Pet Shop Story, a person will first need to have enough gems collected during the game. To expand, simply access the market and click on the expand button to select how big the shop should expand.
Should girls have hair on their butt?
That is perfectly normal.
Can you use a rectifier as a inverter if you place your ac supply were there should be an ac output?
You probably mean "... where there should be a DC output ?",and the answer is "No. They don't work in reverse.".
