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

Author Question: The theory of oligopolistic interdependence means that the outcome is uncertain because price and ... (Read 91 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
The theory of oligopolistic interdependence means that the outcome is uncertain because price and output decisions depend on responses of rivals.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Marginal cost is best defined as:
 a. a cost that does not vary with the rate of output.
  b. the difference between fixed and variable cost at any level of output.
  c. the amount added to total cost when one more unit of output is produced.
  d. the difference between price and average total cost at the profit-maximizing level of output.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

MacArthur and Wilson's theory of island biogeography. MacArthur and Wilson's theory of island biogeography.
Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do
Descartes’ Theory Descartes’ Theory
The Systems in Bronfenbrenner’s Ecological Theory The Systems in Bronfenbrenner’s Ecological Theory
Modern Cell Theory Modern Cell Theory
This living protozoan is the common Paramecium multimicronucleatum that moves by means of its numero This living protozoan is the common Paramecium multimicronucleatum that moves by means of its numero
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library