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

Author Question: Which of the following exemplifies an intangible durable strategy used by firms to prevent ... (Read 65 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
Which of the following exemplifies an intangible durable strategy used by firms to prevent competition?
 a. Merging with its competitors
  b. Using brand name or trademark as a reflection of product quality
  c. Advertising
  d. Investing in specific assets

Question 2

In a monopolistically competitive scenario, the demand curve for an existing firm ____ when firms exit the industry.
 a. becomes more inelastic
  b. becomes vertical
 c. becomes horizontal
 d. becomes more elastic


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

a


frankwu

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Wow, this really help

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

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?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Ways to prevent heat waves Ways to prevent heat waves
Dry hands and forearms thoroughly with clean paper towels to prevent chapping. Dry hands and forearms thoroughly with clean paper towels to prevent chapping.
Strategy: Algorithms and Heuristics Strategy: Algorithms and Heuristics
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Video: Carbohydrate digestion - mouth and stomach & pancreas and small intestine

For a complete list of videos, visit our video library