Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

Why some firms might be able to continue to make an economic profit in the long run? Discuss. *In long paragraph withing 4 to 5

Why some firms might be able to continue to make an economic profit in the long run? Discuss.

*In long paragraph withing 4 to 5 pg.

Please highlight the references pages

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Business

Authors: Michael Czinkota, Iikka A. Ronkainen, Michael H. Moffett

8th edition

470530658, 470530650, 978-0470530658

More Books

Students also viewed these Economics questions

Question

★★★★★

Rent N Drive, Inc. is a publicly owned, truck leasing company based in Iowa. Presented in the following schedule are selected ï¬nancial data for Rent N Drives common stock over a recent...

Answered: 1 week ago

Question

★★★★★

k. What are some economic conditions (including international aspects) that affect the cost of money?

Answered: 1 week ago

Question

★★★★★

Identify the critical differences between conventional risk and Knightian uncertainty and the importance of these differences for understanding investor behavior.

Answered: 1 week ago

Question

★★★★★

This exercise continues the Lawlor Lawn Service, Inc., situation from Exercise 4-36 of Chapter 4. Lawlor Lawn Service has also begun selling plants that it purchases from a wholesaler. During June,...

Answered: 1 week ago

Question

★★★★★

You have just been assigned to a new manager who believes you have exceptional budgeting skills. Since you began your job last summer, you have been showing management your latest spreadsheets and...

Answered: 1 week ago

Question

★★★★★

Sandpiper Inc. has a division that manufactures a component that sells for $ 1 6 5 and has a variable cost of $ 4 5 . Another division of the company wants to purchase the component Fixed cost per...

Answered: 1 week ago

Question

★★★★★

Show that the most general form for $2 \times 2$ unitary matrices of unit determinant is where $a$ and $b$ are complex numbers. U = a |a|2 + |b| = 1, -b a

Answered: 1 week ago

Question

★★★★★

A sample of 12 students participated in an online tutoring program in mathematics. Each student took a pretest before the program started, and a posttest after completing the program. Following are...

Answered: 1 week ago

Question

★★★★★

Consider the following paired samples and their differences. a. Verify that the median of the sample differences is equal to 0. b. Compute the test statistic for the signed-rank test. c. Do you...

Answered: 1 week ago

Question

★★★★★

Following is a sample from a population with median m. Use the sign test to test H0: m = 30 versus H1: m 30. a. What is the value of the test statistic? b. Is H0 rejected at the = 0.05 level? c. Is...

Answered: 1 week ago

Question

★★★★★

The registrar at a college sampled 30 students and recorded the GPA for each, as shown below. Can you conclude that the median GPA is less than 2.90? Use the = 0.05 level of significance. a. State...

Answered: 1 week ago

Question

★★★★★

Draw a graph like Figure 12.3B . Initially the embargo is the one shown in this graph. Then, half of the nonembargoing countries switch and become part of the embargo. Use your graph to show how this...

Answered: 1 week ago

Question

★★★★★

2. Provide new information and before 20 seconds have elapsed, add more infor-mation. The initial information will then be lost from memory for most people.

Answered: 1 week ago

Question

★★★★★

7. What is the extent (percentage) of errors detected in the information collected?

Answered: 1 week ago

Question

★★★★★

8. What are the costs of collecting the information?

Answered: 1 week ago

Previous Question Next Question