Author Question: All of the following are examples of oligopolistic markets except A) seafood restaurant chains. ... (Read 190 times)

TFauchery · **on:** Jun 29, 2018

All of the following are examples of oligopolistic markets except

A) seafood restaurant chains. B) the broadcasting industry.
C) college bookstores. D) aircraft manufacture.

Question 2

Suppose Barry is maximizing his utility from consuming used paperback novels and audio books. The price of a used novel = 4 and the price of an audio book = 8.

If the marginal utility of the last novel was 32 units of utility (utils) what was the marginal utility of the last audio book purchased?
A) 2 utils B) 12 utils C) 16 utils D) 64 utils

cadimas · **Reply #1 on:** Jun 29, 2018

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