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Author Question: If a duopolists' collusive price-fixing game can be played repeatedly, A) one possible ... (Read 114 times)

ssal

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on: Jun 29, 2018
If a duopolists' collusive price-fixing game can be played repeatedly,
 
  A) one possible equilibrium is that both firms cheat.
  B) players can signal their willingness to cooperate.
  C) players can punish cheaters in the following game.
  D) All of the above answers are correct.

Question 2

If total fixed cost increases, then the average total cost curve ________ and the marginal cost curve ________.
 
  A) does not shift; shifts upward
  B) shifts upward; shifts upward
  C) does not shift; does not shift
  D) shifts upward; does not shift


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matt

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


ssal

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

essyface1

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Reply 3 on: Yesterday
Wow, this really help

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