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

Author Question: Collusion among firms to raise price is rare in monopolistically competitive markets because a. ... (Read 31 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jun 30, 2018
Collusion among firms to raise price is rare in monopolistically competitive markets because
 a. there are too many firms
  b. there are too few firms
  c. there is only one firm
  d. products are homogeneous
  e. price leadership is used instead

Question 2

Which of the following did not contribute to the increase in competition in the United States between 1958 and 1988?
 a. antitrust activity
  b. deregulation of transportation industries
  c. deregulation of banking
  d. increased imports
  e. conglomerate mergers


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmina

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


rlane42

  • Member
  • Posts: 594
Reply 2 on: Jun 30, 2018
Wow, this really help

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

A rare albino American alligator A rare albino American alligator
Mixing bacterial genotypes produces rare recombinants Mixing bacterial genotypes produces rare recombinants
During drought years on the Galapagos, small, easily eaten seeds become rare, le During drought years on the Galapagos, small, easily eaten seeds become rare, le
Effects of competitive inhibition on enzyme kinetics Effects of competitive inhibition on enzyme kinetics
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library