This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is true? a. Price leadership is a form of explicit collusion. b. Price ... (Read 56 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jun 30, 2018
Which of the following is true?
 a. Price leadership is a form of explicit collusion.
 b. Price leadership is more likely when there are a substantial number of roughly equally sized firms in oligopoly.
  c. A price leader is most likely to be a dominant firm in an industry.
 d. None of the above is true.

Question 2

The effects of asymmetric information in the car market can be weakened by:
 a. providing a warranty for the product.
  b. purchasing business interruption insurance.
  c. inserting a buyer beware clause in the agreement.
  d. buying a put option.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

A


rlane42

  • Member
  • Posts: 594
Reply 2 on: Jun 30, 2018
:D TYSM

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

DNA molecules replicate to form identical chromatids DNA molecules replicate to form identical chromatids
Erythroblastosis fetalis. (a) The condition occurs with an RH+ father and RH– mother. (b) First preg Erythroblastosis fetalis. (a) The condition occurs with an RH+ father and RH– mother. (b) First preg
Advance Beneficiary Notice Form (ABN). Advance Beneficiary Notice Form (ABN).
Instructions for Completing the CMS-1500 (02/12) Claim Form Continued Instructions for Completing the CMS-1500 (02/12) Claim Form Continued
Shaking. A form of coarse vibration to a muscle or muscle group. Shaking. A form of coarse vibration to a muscle or muscle group.
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library