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How the increase in expansion affect the demand?
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
What of these is most likely to lead to an increase price of a company's stock?
Answer : Its profits increase. Explanation : When a company is more profitable, it's stock is in higher demand, and higher demand means a higher price.
Change in market price?
Changes in the market price is determined by demand of a product. If consumers demand the product, then the price will increase.
Which is most likely to lead to an increase in the price of company's stock?
Once a company goes public and its shares start trading on a stock exchange, its share price is determined by supply and demand in the market. If there is a high demand for its shares, the price will increase.
If supply shifts to the left and demand remains constant?
Price will increase, quantity will decrease
The labor demand curve of a purely competitive seller perfectly elastic?
yes the demand curve is perfectly inelastic and horizontal
What type of curve does the perfectly competitive firm face?
perfectly elastic demand function.
What is the demand curve for output of a perfectly competitive firm?
Demand = Price = Marginal Cost.
Why do single firms in perfectly competitive markets face horizontal demand curves?
Gdbugufifudusks
When demand increases and supply is perfectly elastic what will be the effect?
there will be no change in price because as demand will increase supply will also increase.
What are the key differences between a perfectly competitive market and a non-perfectly competitive market?
In a perfectly competitive market, there are many buyers and sellers, products are identical, and there is easy entry and exit. Prices are determined by supply and demand. In a non-perfectly competitive market, there may be barriers to entry, products are differentiated, and firms have some control over prices.
Does monopolistically competitive firms have horizontal marginal cost curve?
No it does not. Only Perfectly Competitive firms have a horizontal Marginal Cost curve, which is also there demand curve.
Is it easier for a perfectly competitive firm or for a monopolist to determine price?
A monopolist has more control over pricing because it is the sole provider of a good or service, allowing it to set prices based on its desired profit maximization strategy. In contrast, a perfectly competitive firm is a price taker, meaning it must accept the market price determined by the overall supply and demand. Therefore, it is generally easier for a monopolist to determine price compared to a perfectly competitive firm.
Aggregate supply curve is perfectly inelastic an increase in agregate demand will lead to?
Inflation.
Why is the demand curve the same as the marginal revenue curve for a perfectly competitive firm?
Because for a perfectly competetive firm since the demand curve is perfectly elastic even a slightest price change doesnt add any further demand..so there is no change in marinal revenue also.Since revenue is demand multiplied with cost of unit..the two curves are same.
What can happen to prices in a competitive market when demand increases as supply remains the same?
increase in prices
What does a diagram of a perfectly competitive market look like?
A diagram of a perfectly competitive market typically shows a horizontal demand curve representing perfect competition, a horizontal supply curve at the market price, and a point where supply equals demand to show equilibrium. It also includes the producer and consumer surplus to illustrate market efficiency.
