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Author Question: In the Cournot model A) market price is unaffected by the actions of any individual firm. B) ... (Read 64 times)

savannahhooper

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on: Jul 1, 2018
In the Cournot model
 
  A) market price is unaffected by the actions of any individual firm.
  B) firms do not have to worry about the strategies of the other firms.
  C) firms' profits are independent.
  D) firms' profits are interdependent.

Question 2

The implementation of the assembly line is an example how
 
  A) changes in the organization of production improve productivity.
  B) neutral technical change improves productivity.
  C) non-neutral technical change can decrease productivity.
  D) labor saving technical change increases economy-wide unemployment.


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Brenm

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

D

Answer to Question 2

A


savannahhooper

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

apple

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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