Author Question: If you have a choice between consuming bundle X or bundle Y, the opportunity cost of consuming ... (Read 183 times)

awywial · **on:** Jun 30, 2018

If you have a choice between consuming bundle X or bundle Y, the opportunity cost of consuming bundle X is bundle Y.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Actions that allow oligopoly firms to coordinate their pricing behavior without explicit collusion are referred to as _____.
a. strategic behavior
b. differential pricing strategies
c. facilitating practices
d. duopoly price discrimination mechanisms
e. independent practices