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Author Question: Collusion is easier to achieve and maintain in oligopoly when a. there are many firms in the ... (Read 93 times)

azncindy619

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on: Jun 30, 2018
Collusion is easier to achieve and maintain in oligopoly when
 a. there are many firms in the industry
  b. the firms' products are homogeneous
  c. the firms' cost structures are very different
  d. there are very weak barriers to entry
  e. the industry is located in the United States

Question 2

Relative to private firms, we should expect public bureaus to be
 a. smaller
  b. more cost-efficient
  c. less responsive to consumer demand
  d. more concerned with adopting new technologies
  e. more in tune with consumer desires


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rekilledagain

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


azncindy619

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Reply #2 on: Jun 30, 2018
Thank you


rekilledagain

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Reply #3 on: Jun 30, 2018
No problemo


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