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Why monopolistic competition in the short run making profit but in long run it would be break even?
In the short run a monopolistic firm can charge where MR=MC and that will be at a price that gains abnormal profits. They can do this in the short run because firms have a lag before they can be set up. But in the long run, the abnormal profits draw new firms into the industry and so this forces the firm to break even. Any profit at all- in theory- will draw in competitiors as there are limited barriers to entry.
What else can I help you with?
Why sunlight needed in making food of plants?
Beacause it is needed 2 break down of co2 in plastid.
What takes 7 lbs of pressure to break?
An egg typically requires about 7 lbs of pressure to break. The curved shape of an egg helps distribute pressure evenly, making it stronger than expected.
Why isn't gneiss used to make tiles?
Gneiss does not easily break into flat sheets, so it is ill-suited for making tiles.
Why doesn't the speaker name the dead friend in break break break?
In "Break, Break, Break" by Alfred Lord Tennyson, the speaker does not name the dead friend to emphasize the universality of grief and loss. By leaving the friend unnamed, Tennyson allows readers to connect more deeply with their own experiences of sorrow, making the poem resonate on a personal level. This anonymity also reflects the profound emptiness and emotional distance that death creates, underscoring the speaker's sense of isolation in mourning.
What is a break in geologic record?
a break in the geological record is a disconformity
Which is better High break even point or low break even point?
It need not be. A lower break even point means that you stop making losses sooner. But it is possible that you make no profit at all. Ever. You just manage to break even. With a higher break even point it would be more difficult to stop making a loss but, once beyond that point, you could make loads of profit. Nothing ventured, nothing gained, as the saying goes.
What are the differences between cost volume profit analysis and break even profit analysis?
there no difference between break even profit analysis and cost volume profit analysis
What are a firms profit at the break-even point?
Break Even Point: It is the point where firm's at no profit no loss situation/position that's why it is called break-even point. So at this point firms has no profit no loss and it is the point where firm's able to achieved all expenses of operation and after this point whatever sales made by firm goes to profit of company.
What is break even analysis and how does it work with cost volume profit analysis?
cost volume profit is use anlyse how cost and profit change with change in volume of activity
What is harmful competition?
Harmful competition is when one pushes themselves to far. When they become a danger to their health or have break downs when they lose.
What is another name for break-even analysis?
Cost-volume-profit analysis (CVP), or break-even analysis,
If I resell dedicated servers, what kind of profit margin can I expect?
You can expect as break even scenario. There is no profit in reselling a dedicated server.
Describe how antitrust laws encourage competition?
The government can break up monopolies and block potential mergers which may reduce competition.
What is the usefulness of break even analysis?
It helps the management of the firm to determine that how much product units must be build and sold to cover all the cost and expenses to manufacture them and at what time or number of units they start to earn profit.
Break even price?
Breakeven price is that price where firms are at no profit and no loss stage.
If sales volume exceeds the break-even point the firm will experience?
an operating profit
Why using break even -analysis?
Break even analysis is utilized to get the information that how much number of units must be produced and sold to cover the cost of production and to become at no profit no loss point and after which point company starts to earn profit.
