Author Question: An oligopolistic industry is characterized by a few large firms acting independently. Indicate ... (Read 87 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
An oligopolistic industry is characterized by a few large firms acting independently.
 
  Indicate whether the statement is true or false

Question 2

The only Giffen goods that have been identified so far in the real world are luxury goods.
 
  Indicate whether the statement is true or false


xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

FALSE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

For a complete list of videos, visit our video library