Your answer to the homework has to be more than five(5) sentences for

Q 1) explain the short-run break-even price as well as shut-down price for a competitive firm in terms of price line and cost curve. (2 points)

Q 2) Why is the level of output where marginal revenue equals marginal cost called as the profit-maximizing output under perfect competition and monopoly? prove it in a logical way. (2 points)

Don't use plagiarized sources. Get Your Custom Essay on
Your answer to the homework has to be more than five(5) sentences for
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

Q 3) Describe the shape of short run supply curve in perfect competition. (2 points)

Q 4) Do you agree that companies under perfect competition as well as monopoly are making profits in the long run? If yes, why? If not, why not? (2 points)

Q 5) Do you agree that companies under perfect competition as well as monopoly are enjoying productive efficiency and allocative efficiency? what is condition for productive efficiency and allocative efficiency? ( 2 points)

Case study of Monopoly
Microsoft(MSFT) has been accused of violating the Anti-trust law time to time. MSFT had the legal problem with European Community(EC).

Q6)Do you think Monopoly business practice is so bad for the general public’s welfare? why? or why not? Explain based on cost and benefit analysis of social welfare.(0.5 point)

Q7)Do you think FAANG companies are Monopoly? FAANG are Facebook, Apple, Amazon, Neflix and Google. Do you think Government should regulate and/or break up FAANG companies?(0.5 point)

Q8)Would you give us another notorious example like Monopoly case in the past (such as Standard Oil, Morgan House, OPEC with high energy price, lately case of INTEL)? Your Monopoly example should be based on high concentration of market share and high abnormal profits.(0.5 point)

Q9)The near future emerging major technology change will be on Big Data, Clouding, Artificial Intelligence and Block chain technology. Which company will emerge as a monopoly company in those industry in coming decades? (0.5 point)

Q10) Is the current Anti-trust law outdated ? why? For example, Sherman Act of 1890 has only 769 words.if so, what reform is necessary for the current anti-trust law? (0.5 point)

.

Homework Sharks
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.

Title-page

A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.

Bibliography

Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At Homework Sharks, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.

Pricing

Flexible Pricing

Our prces are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.

Communication

Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.

Deadlines

Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.

Reviews

Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.

× Contact Live Agents
Verified by MonsterInsights