homework help

Perfectly-Competitive-Market Case Distress Prices Homework Help

Trust our experienced homework helpers for quick assistance and original solutions.

  • Budget friendly
  • On-time delivery
  • Money-back guarantee
Please enable JavaScript in your browser to complete this form.

Our Expert Writers

We proudly boast a team of expert professionals with verified academic credentials, selected for their proven skills and flexibility through a strict process.

Engage with experts from the top universities across the globe.

OPT for Perfectly-Competitive-Market Case Distress Prices Homework Help to Complete Your Assignments!

A perfectly competitive market is one where there are multiple sellers selling similar commodities. With our perfectly-competitive-market case distress prices assignment help manual you will get a detailed idea of this whole subject.

An insight to Perfect Market:

Conditions that tells that a particular market is a perfect market:

  • No barriers to entry and exit of firms in the market

In a perfect market, any firm can take an entry in the market. There is no monopoly as to which firm will stay and which will leave.

  • Homogeneous Products

No differentiated products are available. All products of every firm are more or less similar.

  • A number of buyers and sellers

There are a large number of buyers & sellers in the market.

  • Price Taker-

As there is a large number of buyers and sellers. Nobody is in the position to decide a particular price for the products in the market. Our perfectly-competitive-market case distress prices assignment help manual is always there for you!

Pricing Model in Perfect Market:

The firm can sell as much as it wants as it wants at the current market price.In this market, all firms are price takers.

So, Market Price will be Price x Quantity.

Total Revenue = Price x Quantity

Marginal Revenue – The revenue that a firm earns on selling an additional unit will always be equal to the market price.

An assumption of the model:

  • Buyer and Seller accept the market price given.
  • Identical goods

-An Illustration:

If the price of a good is $20 in the market.  And if the firm sells 10units a day then the total revenue of the day will be 20 x 10 = 200. The marginal revenue associated with the producing an extra unit of the day that is the eleventh unit would be the market price i.e. $20. Total revenue of the day would increase to 20 x 11 =220.

Marginal cost will always vary. It will depend on the quantity produced.

Each market maximizes its profits, given the prevailing market price. The quantity supplied in the market is equal to the demand in the market for that product.

Production Cost in Perfectly Competitive Market

Types of the cost involved in production cost:

Fixed Cost: Cost that is fixed and does not change with the change in quantity is referred to as fixed cost.

Variable Cost: Cost that keeps on changing with the change in the quantity is a variable cost.

Total Cost: Adding fixed cost to variable cost it is termed as total cost.

Benefits of Perfect Competition Market:

  • No monopoly power– As there is barriers to entry and exit of firms. Any firm can be in the market.
  • Perfect Knowledge– As there is perfect knowledge in the market there is no information failure.
  • Less expenditure on advertisement – No need to spend more on the advertisement.

Key features of myhomeworkhelp.com:

We translate your homework requirement into solution with an expert support 24×7. Our perfectly-competitive-market case distress prices homework help team of experts as part of its commitment assists students by providing the best solution at an affordable price. Score more with us as we have options to cater to students in and make them comprehend the concept precisely.

Our benefits:

  • Expert on all subjects with extensive experience
  • Online best assignment provider with analytics on difficult area of the topic
  • Assured original assignment help

Thus, with perfectly-competitive-market case distress prices homework help manual you can get complete details!

Your Price: $11.00 $10.00

Pricing may change based on requirements

Descriptive text for the image

Get Homework Help In

Maths and Statistics

Science

Humanities & Arts

l

Essay Writing

How Our Homework Service Works

FAQ number 1

Share your requirements

FAQ number 2

Make secure payment

FAQ number 3

Get homework answers

FAQ - Frequently Asked Questions

Discover quick answers in our FAQ, covering the most common customer questions about our homework help service.

Is your homework service confidential?

M
L

Absolutely! Confidentiality is one of the basic guarantees of our service at MyHomeworkHelp.com.

When our customers make their homework orders, they know their information remains 100% confidential.

Even your homework writer will not be provided with your personal details. So, when you hire a professional homework helper on our website, rest assured that your information will remain private and safe.

For a comprehensive understanding of how we protect your privacy, please refer to our Privacy Policy.

Who will help me with my homework?

M
L

We work with subject experts from all over the world. We hire them with the help of complex tests in the disciplines of their expertise. We also verify the IDs and academic transcripts of our homework writers to be sure that our experts have a bachelor's or master’s or a PhD degree. This is how we can be sure of the proficiency of our panel of experts who will help you with your homework.

Is it legal to ask for help with homework?

M
L

Seeking homework help is perfectly fine and shows your proactive approach to overcoming challenges. But it's important to use our homework service to enhance your understanding, not to replace your own efforts.

Our homework service offers original solutions for personal use, including:

  • Generating ideas or arguments for your research.
  • Deepening your subject comprehension.
  • Direct citation, with proper referencing.

However, it's crucial to avoid plagiarism by not submitting our work as your own. Make sure to check your institution's academic integrity policies before using our services. Our goal is to support your educational journey in a responsible and beneficial way. Refer our honor code for more details.

Is myhomeworkhelp.com legit?

M
L

Yes, myhomeworkhelp.com is completely legitimate. We've been successfully connecting students with top experts worldwide since 2012, offering direct, secure communication for a seamless learning experience. With over thousands of students helped and a commitment to innovative, effective education tools, we're dedicated to making learning easier and more accessible for everyone.

You can read our reviews here on Trustpilot and Sitejabber (Independent, verified reviews from buying customers) like you!

Is there a possibility of plagiarism in my completed order?

M
L

Unlike our competitors who use cheap and ineffective in -house plagiarism software, MyHomeworkHelp.com uses credible software to check your homework solution originality. We guarantee that your paper will pass TurnItIn checks with a low percentage of similarity. In addition, we also check submitted papers for ai-content using Originality.ai.

You will receive a complemantary plagiarism free report with your completed order.

What makes you one of the best homework help website?

M
L

We are not number 1 (yet!). We're an independent, bootstrapped business standing up to Big EdTech for last 12 years. So it means a lot that folks like you are willing to consider our services for your educational needs.

Myhomework Help is recognized as one of the premier websites for homework answers for three key reasons.

  1. Firstly, we pride ourselves on the expertise and qualifications of our tutors/experts, who are selected through a rigorous vetting process to ensure they can provide best academic assistance across a wide range of subjects.
  2. Secondly, our response time to student inquiries is fast (as early as few minutes), reflecting our understanding of the importance of timely support in an academic setting.
  3. Lastly, we keep our pricing very student friendly. Our aim is to provide the best learning experience to students like yourself without burning a hole in your pockets.