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Recent questions tagged theory of the firm under perfect competition
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The following table shows the total cost schedule of competitive firm. It is given that the price of the good is Rs 10.
asked
Mar 26, 2019
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+1
vote
1
answer
What conditions must hold if a profit-maximizing firm produces positive output in a competitive market?
asked
Mar 18, 2019
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+3
votes
1
answer
Calculate the total revenue, marginal revenue and average revenue schedules in the following table.
asked
Mar 18, 2019
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
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vote
1
answer
The following table shows the total revenue and total cost schedules of a competitive firm.
asked
Mar 13, 2019
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+3
votes
1
answer
Originally, a product was selling for Rs. 10 and the quantity demanded was 1000 units. The product price changes to Rs. 14
asked
Mar 1, 2019
in
Mathematics
by
kratos
consumers equilibrium and demand
cbse
business mathematics
perfect competition market
theory of the firm under perfect competition
class-12
+2
votes
1
answer
Two firms that are virtually identical except for their capital structure are selling in the market at different values.
asked
Mar 1, 2019
in
Class 12
by
kratos
other forms of markets
non competitive markets
cbse
the theory of the firm under perfect competition
class-10
virtually true
theory of the firm under perfect competition
class-12
+3
votes
1
answer
What does the price elasticity of supply mean? How do we measure it?
asked
Feb 23, 2019
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+3
votes
1
answer
What is the relation between market price and average revenue of a price taking firm?
asked
Feb 12, 2019
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+3
votes
1
answer
How, are the total revenue of a firm, market price and the quantity sold by the firm related to each other?
asked
Feb 4, 2019
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
production function and cost production
cbse
+3
votes
1
answer
What is the supply curve of a firm in the long run?
asked
Jan 30, 2019
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+2
votes
1
answer
Derive a market supply curve from two hypothetical individual schedules.
asked
Nov 28, 2018
in
Class 12
by
kratos
isc
cbse
theory of demand
class-10
icse
theory of the firm under perfect competition
class-12
consumers behaviour
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vote
1
answer
The quantity demanded of a good is 1500 units at the price of Rs.10 per units. Its price elasticity of demand is (-) 1.5.
asked
Oct 18, 2018
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+3
votes
1
answer
How does technological progress affect the supply curve of a firm?
asked
Oct 4, 2018
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+1
vote
1
answer
How does an increase in the number of firms in a market affect the market supply curve?
asked
Sep 18, 2018
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+2
votes
1
answer
The market price of a good changes from Rs 5 to Rs 20. As a result, the quantity supplied by a firm increase by 15 units.
asked
Sep 13, 2018
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+3
votes
1
answer
Why is the total revenue curve of a price-taking firm an upward-sloping straight line? Why does the curve pass through the origin?
asked
Aug 9, 2018
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
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vote
1
answer
Will a profit-maximising firm in a competitive market ever produce a positive level of output in the range where the marginal cost is falling?
asked
Aug 2, 2018
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+2
votes
1
answer
What is the relation between market price and marginal revenue of a price-taking firm?
asked
Jul 30, 2018
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
+3
votes
1
answer
Calculate : Average Revenue and Marginal Revenue from the following given data:
asked
Jul 29, 2018
in
Class 12
by
kratos
isc
perfect competition
cbse
the theory of the firm
icse
theory of the firm under perfect competition
class-12
+1
vote
1
answer
What is the price line?
asked
Jul 7, 2018
in
Class 12
by
kratos
theory of the firm under perfect competition
class-12
cbse
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