This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is NOT true of an oligopoly? A) They advertise their product. B) The ... (Read 57 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
Which of the following is NOT true of an oligopoly?
 
  A) They advertise their product.
  B) The firms recognize their interdependence.
  C) A few firm account for a large portion of the total output.
  D) Firms are price takers.

Question 2

Laws that make it difficult to start a new business lead to a
 
  A) high rate of economic growth.
  B) low rate of economic growth.
  C) more political freedom.
  D) laissez-faire.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

D

Answer to Question 2

B




CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
Wow, this really help


hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library