What are the major sources of risk for the firm? What will be ...

[jilianpiloj]

What are the major sources of risk for the firm?
 
  What will be an ideal response?

Question 2

If consumers have limited information about price and search costs exist, then
 
  A) the result must be that all firms will charge the same price.
  B) the monopoly price must result.
  C) the full-information, competitive price is not an equilibrium.
  D) the difference in prices between firms will be greater than the search cost.

[wuly]

Answer to Question 1

Economic uncertainty, competition (actions of competitors), changes in demand, changes in technology, changes in input costs

Answer to Question 2

C

[jilianpiloj]

Thanks for the timely response, appreciate it

[bulacsom]

TYSM