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

Author Question: What factor would not help resolve the Bertrand paradox (that a perfectly competitive outcome can ... (Read 80 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jul 1, 2018
What factor would not help resolve the Bertrand paradox (that a perfectly competitive outcome can emerge with as few as two firms in the market) if the basic Bertrand model were extended to include it?
 a. Repeated interaction
  b. Search costs
  c. Sequential moves
  d. Product differentiation

Question 2

Potential solutions to sell a high-quality used car include
 a. offering a warranty
  b. selling through a reputable dealer
  c. documenting the complete repair history
  d. all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


SO00

  • Member
  • Posts: 568
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Polyploidy has been an important factor in the evolution of plants. Polyploidy has been an important factor in the evolution of plants.
Primary production is constrained by the most limiting factor. Primary production is constrained by the most limiting factor.
Alternative pathway recognition and activation. C3w is on the surface of the microbe; factor B binds ... Alternative pathway recognition and activation. C3w is on the surface of the microbe; factor B binds ...
Binding site variation for transcription factor CEBPA along gene PCK1 as determined by ChIP Binding site variation for transcription factor CEBPA along gene PCK1 as determined by ChIP
How to factor completely How to factor completely
F factor excision from Hfr integration F factor excision from Hfr integration
Video: Passive Smoke Exposure

For a complete list of videos, visit our video library