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

Author Question: If a firm is an oligopolist, which is NOT true? A) It must pay attention to other firms' prices. ... (Read 53 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
on: Jun 29, 2018
If a firm is an oligopolist, which is NOT true?
 
  A) It must pay attention to other firms' prices.
  B) It is one of a relatively small number of firms dominating its industry.
  C) It can sell all the units it wants at the going market price.
  D) It is engaged in a strategic game.

Question 2

In the classical model, how do shifts in aggregate demand affect real GDP?
 
  A) Real GDP will remain unchanged.
  B) Increases in aggregate demand increase real GDP.
  C) Increases in aggregate demand decrease real GDP.
  D) Decreases in aggregate demand increase real GDP.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

izzat

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


rachel9

  • Member
  • Posts: 495
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph
True-color image of layers of haze in Titan's atmosphere. True-color image of layers of haze in Titan's atmosphere.
Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
Infant Attention to Stimuli Varying in Complexity Infant Attention to Stimuli Varying in Complexity
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
Video: Smoking Cessation

For a complete list of videos, visit our video library