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Author Question: In an oligopolistic industry where the oligopolists collude, the price firms charge would be ... (Read 51 times)

nenivikky

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on: Apr 19, 2019

Question 1

A cartel is a group of firms that ________ to make price and output decisions.


◦ implicitly colludes
◦ act independently
◦ explicitly colludes
◦ are unable

Question 2

In an oligopolistic industry where the oligopolists collude, the price firms charge would be ________, and the quantity they produce would be ________, if the industry was a monopoly.


◦ higher than; higher than
◦ lower than; lower than
◦ the same as; the same as
◦ higher than; lower than
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by nenivikky on Apr 19, 2019

Meganchabluk

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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.
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nenivikky

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

LVPMS

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Reply 3 on: Yesterday
:D TYSM

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