« previous next »

Author Question: If firms have different costs and market demand only supports the quantity the incumbent produces, ... (Read 107 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
on: Jul 1, 2018
If firms have different costs and market demand only supports the quantity the incumbent produces, then the incumbent's threat to use limit pricing
 
  A) is credible.
  B) is not credible.
  C) would be illegal.
  D) is unable to be determined with the information given.

Question 2

Which of the following are reasons why Social Security is compulsory?
 
  a. A pay-as-you-go system needs new contributors to maintain solvency.
  b. A pay-as-you go system cannot let older individuals opt out of benefits.
  c. The adverse selection problem.
  d. all of the above
  e. a and c


frejo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

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.

Faulty outlooping produces F?, an F plasmid that contains chromosomal DNA Faulty outlooping produces F?, an F plasmid that contains chromosomal DNA
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Percentages of adolescents indicating Benefits and Costs of employment. Percentages of adolescents indicating Benefits and Costs of employment.
The clock generator produces a series of pulses that are used by the microprocessor and other ... The clock generator produces a series of pulses that are used by the microprocessor and other ...
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Competitive firms and maximization Competitive firms and maximization
Video: Gastrin (gastric emptying) & Secretin (buffering gastric acid)

For a complete list of videos, visit our video library