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Author Question: In the Hotelling model of spatial competition, profits arise from: a. monopoly power. b. rents ... (Read 70 times)

Marty

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on: Jul 1, 2018
In the Hotelling model of spatial competition, profits arise from:
 a. monopoly power.
  b. rents based on locational advantage.
  c. the ability to price discriminate.
  d. increasing returns to scale.

Question 2

Which firm is not dealing with adverse selection
 a. a manufacturer requires a 90 day probationary period for new employees
  b. a temporary clerical agency requires a typing test
  c. a manufacturer requires suppliers to be ISO 900 . certified
  d. Smokers get the same life insurance rates as non-smokers


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tuate

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Marty

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

jojobee318

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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