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

Author Question: The conclusion that firms in oligopoly always produce where price exceeds marginal cost is true for ... (Read 47 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Apr 19, 2019

Question 1

In contestable markets, large oligopolistic firms end up behaving like


◦ monopolistically competitive firms.
◦ a monopoly.
◦ perfectly competitive firms.
◦ a cartel.

Question 2

The conclusion that firms in oligopoly always produce where price exceeds marginal cost is true for all models of oligopoly 
except the


◦ collusive oligopoly model.
◦ price-leadership model.
◦ Cournot model.
◦ contestable market model.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by DyllonKazuo on Apr 19, 2019

itsakadoozi

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


DyllonKazuo

  • Member
  • Posts: 565
Reply 2 on: Apr 19, 2019
Gracias!

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
True Friendship True Friendship
The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Alan Price - Poor People Alan Price - Poor People
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Floral components. Anthers produce pollen and ovules produce eggs. Floral components. Anthers produce pollen and ovules produce eggs.
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library