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Author Question: In imperfectly competitive markets, "administered" prices usually change ________ than prices in ... (Read 69 times)

sh03641

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on: Oct 12, 2022

Question 1

In which market structure are price fluctuations most common?
◦ Price fluctuations occur with the same frequency in all market structures.
◦ monopoly
◦ monopolistic competition
◦ oligopoly
◦ perfect competition

Question 2

In imperfectly competitive markets, "administered" prices usually change ________ than prices in perfectly competitive markets, because ________.
◦ less often; changing prices is costless
◦ less often; changing prices is costly
◦ more often; they are more flexible
◦ more often; perfectly competitive firms are price takers
◦ more often; price becomes a strategic choice
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by sh03641 on Oct 12, 2022

Yermi196

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Reply #1 on: Oct 12, 2022
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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sh03641

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

elyse44

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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