« previous next »

Author Question: The kinked demand curve model helps to explain: a. fluctuations of prices in pure competition b. ... (Read 159 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?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Standard Model of Elementary Particles Standard Model of Elementary Particles
Ebbinghaus’s forgetting curve Ebbinghaus’s forgetting curve
A model for the operation of voltage-gated sodium channels. A model for the operation of voltage-gated sodium channels.
Wright's Modification of Marx's Model Of The Social Classes Wright's Modification of Marx's Model Of The Social Classes
Linear dose-response curve Linear dose-response curve
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Brain Lobes Animation

For a complete list of videos, visit our video library