Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. 1. is there a presence of economic profit for micr

1. Is there a presence of economic profit for Microsoft (Monopoly)? Long run- Short run- 2. Is there a...

50.1K

Verified Solution

Question

Economics

1. Is there a presence of economic profit for Microsoft(Monopoly)?

Long run-

Short run-

2. Is there a presence of economic profits for Netflix(oligopoly)?

Long run-

short run-

3. Is there a presence of economic profits for Mcdonalds (Monopolistic Competition)?

Long run-

Short run-  

Answer & Explanation Solved by verified expert
3.5 Ratings (482 Votes)
Ans Economic profit is present in short run in all the types of market structures including monopoly oligopoly and monopolistic competion But economic profit in long run depends on the fact that whether the market allows free entry of firms or not    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

An engineer designed a valve that will regulate water pressure on an automobile engine. The engineer...

Biology
1.2K views

In impactor method, why not conduct outdoor air sampling on rainy or snowy weather

Mechanical Engineering
1.2K views

Derived the time response of first order system with the ramp input using Laplace transform.

Geometry
1.2K views

a b State the Law of Right Triangles Verbally Algebraically

Calculus
1.2K views

Keypad X AVUNE 0 T 0 x NZQRC a B02 H T O e log...

Calculus
1.2K views

Which equation is equivalent to 24x8 3 24x22x 3 24x22x 6 24x23x 3 24x23x 9

Accounting
1.2K views

Logistics Solutions provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock...

Accounting
1.2K views

please solve this Question 1 Not yet answered Marked out...

Accounting
1.2K views

Delta Company produces a single product. The cost of producing and selling a single unit...

Accounting
1.2K views

E26-23 (similar to) Congratulations! You have won a state lottery. The state lottery offers you...

Accounting
1.2K views

Whex byly was awe 3 thand

Finance
1.2K views

1 pts Tin Question 17 36 Calculate the price of a bond if the coupon...