This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If, holding the strategies of all other firms constant, no firm can obtain a higher profit by ... (Read 25 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Jul 1, 2018
If, holding the strategies of all other firms constant, no firm can obtain a higher profit by choosing a different strategy, then
 
  A) the firms are using the Cournot model.
  B) the firms' strategies are a Nash equilibrium.
  C) the firms must have formed a cartel.
  D) the firms are using the Bertrand model.

Question 2

All of the following are considered process innovation EXCEPT
 
  A) neutral technical progress.
  B) labor saving technical progress.
  C) organizational innovation.
  D) nonneutral technical progress.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


sjones

  • Member
  • Posts: 520
Reply 2 on: Jul 1, 2018
Gracias!

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti
IQ and Genetics The closer the genetic relationship, the higher the correlation in IQ. Based on: Br IQ and Genetics The closer the genetic relationship, the higher the correlation in IQ. Based on: Br
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Mobilize hand and wrist joints. Apply scissoring to knuckles and figure-8s to fingers. Holding the ... Mobilize hand and wrist joints. Apply scissoring to knuckles and figure-8s to fingers. Holding the ...
The Inclusive Classroom: Strategies for Effective Differentiated Instruction The Inclusive Classroom: Strategies for Effective Differentiated Instruction
General strategies of forward and reverse genetics General strategies of forward and reverse genetics
Video: The Lagging Strand in DNA Replication and Replication in Action

For a complete list of videos, visit our video library