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Author Question: Economists assume people's tastes are identical. Indicate whether the statement is true or ... (Read 223 times)

segrsyd

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on: Jun 29, 2018
Economists assume people's tastes are identical.
 
  Indicate whether the statement is true or false

Question 2

Oligopoly differs from perfect competition and monopolistic competition in that
 
  A) demand and marginal revenue curves are more useful for analyzing oligopoly than they are for analyzing perfect competition and monopolistic competition.
  B) the concentration ratios of oligopoly industries are lower than they are for perfectly competitive and monopolistically competitive industries.
  C) barriers to entry are lower in oligopoly industries than they are in perfectly competitive and monopolistically competitive industries.
  D) because oligopoly firms often react when other firms in their industry change their prices, it is difficult to know what the oligopolist's demand curve looks like.
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Kedrick2014

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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segrsyd

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

abro1885

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Reply 3 on: Yesterday
Excellent

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