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What is the difference between shut down point and breakeven point?
Draw Total Revenue and Marginal Revenue Curve of a firm which is free to sell any quantity of the good at a given price. Explain.
prepare a project on "living environment vs health"
a project on " environmental awareness among different social stratas"
What changes will take place in marginal revenue when:-
(a) total revenue increases at increasing rate
(b) total revenue increases at decreasing rate
Calculate Price (AR)and TR from the follwing data :
units of output ; 1 2 3 4
MR ; 20 16 9 3
In this what formula should we use, to find out AR
Critically explain Recardian Theory of Rent?
why should marginal cost be rising at the point of equilibrium?
what are abnormal profits and abnormal loss?
A monopolist can fix both the price of product as well as quantity to be sold. true or false? with explantion.
when TR is maximum then MR is also maximum ?give reason for your answer
Explain the implication of the feature 'freedom of entry and exit to firms' under perfect competition.
At a price of rs 10 per unit the supply of a commodity is 300 units . its elasticity of supply is 1.5 . its price increases by 20% . calculate its supply at the increased price
what are extra normal profits
explain the factors affecting price elasticity of demand
explain the geometric method for elasticity of supply?
what is the exact relationship between AR and MR?Plz tryhelp..
Why under perfect competition AR and MR curves coincide?
Why is the
total revenue curve of a price-taking firm an upward-sloping straight
line? Why does the curve pass through the origin?
why is demand curve more elastic under monopolistic competition than under monopoly. explain
COMPLETE THE FOLLOWING TABLE.
output(units) 1 2 3 4
total cost(rs) 60 ...... ....... 120
AVC ...... 18 ........ 20
MC 20 ...... 18 ......
conditions must hold if a profit-maximizing firm produces positive
output in a competitive market?
explain the factor affecting price elasticity of supply
What happens to the average revenue when marginal revenue is:-
i) Greater than average revenue
ii) Equal to average revenue
iii) Less than average revenue
What r the determinants of supply?
please explain the point independent decision making of pure competition v/s perfect competition ?
the relation between market price and marginal revenue of a
profit-maximising firm in a competitive market ever produce a
positive level of output in the range where the marginal cost is
falling? Give an explanation.
distinguish between increase and extension of supply.
can a monopolist can sell any quantity he likes at a price ???/
What is the elasticity of the demand curve in a perfectly competitive market and why?
what happens when one more unit or one less unit is produced than the equilibrium evel of output?
why cant a firm earn supernormal profit in the long run?
the characteristics of a perfectly competitive market?
Why MR Cannot be greater than MC MC cannot be greater than MR UNDERthe first condition of the producer's equilibrium? I Have checked in your study material but still it is difficult for me to understand.
MR is always equal to AR.GIVE REASONS
Do you think perfect competition is an ideal market situation.List out its features and explain how the profit maximisation output is reached in the short run?...( 8 marks)
technological progress affect the supply curve of a firm?
when will a producer be in equilibrium in case of losses?
WHY MR FALLS TWICE OF WHAT AR FALLS ?
behaiour of AR, MR in monopoly and monopolistic market ?
what is the definition of breakeven point?
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