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 50 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
Great answer, keep it coming :)

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Seasonal changes in biomass and growth form of benthic algae in the Eel River, California: (a) in ea Seasonal changes in biomass and growth form of benthic algae in the Eel River, California: (a) in ea
True Friendship True Friendship
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
How to analyze transformations of a quadratic equation that is in vertex form How to analyze transformations of a quadratic equation that is in vertex form
Regions Where Hurricanes Form Regions Where Hurricanes Form
Write in vertex form by completing the square Write in vertex form by completing the square
Video: Isovolumetric VC, Ventricular ejection, Isovolumetric & Passive ventricular filling

For a complete list of videos, visit our video library