input market in a sentence

• Moreover, the imperfections in input markets also generally contributed to the poor performance of the bargadars.
• If, however, the firm is not a perfect competitor in the input markets, then the above conclusions are modified.
• For example, if there are increasing returns to scale in some range of output levels, but the firm is so big in one or more input markets that increasing its purchases of an input drives up the input's per-unit cost, then the firm could have diseconomies of scale in that range of output levels.
• At low levels of production long run production functions generally exhibit increasing returns to scale, which, for firms that are perfect competitors in input markets, means that the long run average cost is falling; the upward slope of the long run average cost function at higher levels of output is due to decreasing returns to scale at those output levels.
• Assuming that the factor costs are constant ( that is, that the firm is a perfect competitor in all input markets ), a firm experiencing constant returns will have constant long-run average costs, a firm experiencing decreasing returns will have increasing long-run average costs, and a firm experiencing increasing returns will have decreasing long-run average costs.
• Thus, with perfect product and input markets, the wage ( divided by the price of the product ) is alleged to equal the all else equal : since a firm is getting less from adding a unit of capital goods than is received from the previous one, the rate of profit must increase to encourage the employment of that extra unit, assuming profit maximization.
• Tirthankar Roy suggests that the famines were due to environmental factors and inherent in India's ecology . | group = fn } } | group = fn } } Roy argues that massive investments in agriculture were required to break India's stagnation, however these were not forthcoming owing to scarcity of water, poor quality of soil and livestock and a poorly developed input market which guaranteed that investments in agriculture were extremely risky.
• If the firm is a perfect competitor in all input markets, and thus the per-unit prices of all its inputs are unaffected by how much of the inputs the firm purchases, then it can be shown that at a particular level of output, the firm has economies of scale ( i . e ., is operating in a downward sloping region of the long-run average cost curve ) if and only if it has increasing returns to scale.
• It's difficult to see input market in a sentence .