« previous next »

Author Question: The kinked demand curve model helps to explain: a. fluctuations of prices in pure competition b. ... (Read 97 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jul 1, 2018
The kinked demand curve model helps to explain:
 a. fluctuations of prices in pure competition
  b. stabilities observed in prices in oligopolistic industries
  c. fluctuations observed in prices in oligopolistic industries
  d. all of the above
  e. none of the above

Question 2

With no price discrimination,
 a. A firm sells every unit at different prices
  b. A firm sells every unit at same prices
  c. Low-value group pay a lower price than the high-value group
  d. Low-value group pay a higher price than the high-value group


trampas

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Survivorship curve for the North American beaver. Survivorship curve for the North American beaver.
The logistic growth model does not describe all populations. The logistic growth model does not describe all populations.
Titration Curve Titration Curve
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Elaboration Likelihood Model of Attitude Change Elaboration Likelihood Model of Attitude Change
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Video: Neurosynapse Animation

For a complete list of videos, visit our video library