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Author Question: The profit-maximizing level of output and the profit-maximizing price for an oligopolist cannot be ... (Read 124 times)

imanialler

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on: Jun 29, 2018
The profit-maximizing level of output and the profit-maximizing price for an oligopolist cannot be calculated when we don't know
 
  A) the type of barrier to entry that exists in the oligopolist's industry.
  B) the demand curve and the marginal revenue curve of the oligopolist.
  C) what the concentration ratio for the oligopolist's industry is.
  D) what the minimum efficient scale in the oligopolist's industry is.

Question 2

Goods with upward sloping demand curves are referred to as
 
  A) luxury goods. B) substitute goods. C) Giffen goods. D) Marshall goods.
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bdobbins

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Reply #1 on: Jun 29, 2018
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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imanialler

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Reply 2 on: Jun 29, 2018
:D TYSM

bdobbins

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

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