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Author Question: Which of the following is true? a. Industry structure determines firm conduct which in turn ... (Read 78 times)

crazycityslicker

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on: Jul 1, 2018
Which of the following is true?
 a. Industry structure determines firm conduct which in turn determines firms' performance
  b. Industry structure determines firm performance which in turn determines firms' conduct
  c. Industry conduct determines firm structure which in turn determines firms' performance
  d. Industry performance determines firm conduct which in turn determines firms' structure

Question 2

The isoquants for inputs that are perfect substitutes for one another consist of a series of:
 a. right angles
  b. parallel lines
  c. concentric circles
  d. right triangles
  e. none of the above


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efwsefaw

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

a

Answer to Question 2

b


crazycityslicker

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  • Posts: 537
Reply 2 on: Jul 1, 2018
Excellent

ultraflyy23

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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