This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The number of firms in a monopolistically competitive industry means that A) firms will collude. ... (Read 118 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
The number of firms in a monopolistically competitive industry means that
 
  A) firms will collude.
  B) existing firms in the industry will make sure new firms do not enter.
  C) firms will not cooperate to set a pure monopoly price.
  D) firms will try to set a common price.

Question 2

The joining of a firm with another to which it sells an output or from which it buys an input is known as
 
  A) a conglomerate merger.
  B) a horizontal merger.
  C) a vertical merger.
  D) economies to scale.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

komodo7

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


hubes95

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

A ring link network reduces the number of wires it takes to interconnect all of the modules. A ring link network reduces the number of wires it takes to interconnect all of the modules.
Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ... Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ...
Competitive drug enzyme immunoassay. Competitive drug enzyme immunoassay.
Natural Resources and Industry Natural Resources and Industry
Relationship between the number of amino acid substitutions Relationship between the number of amino acid substitutions
Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ... Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ...
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library