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Author Question: Oligopolies exist and do not attract new rivals because A) of barriers to entry. B) there can be ... (Read 58 times)

jhjkgdfhk

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Oligopolies exist and do not attract new rivals because
 
  A) of barriers to entry.
  B) there can be no product differentiation.
  C) of competition.
  D) the firms keep profits and prices so low that no rivals are attracted.

Question 2

Refer to Figure 12-2. What is the amount of profit if the firm produces Q2 units?
 
  A) It is equal to the vertical distance c to g multiplied by Q2 units.
  B) It is equal to the vertical distance g to Q2.
  C) It is equal to the vertical distance c to Q2.
  D) It is equal to the vertical distance c to g.


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djpooyouma

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jhjkgdfhk

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Reply 2 on: Jun 29, 2018
Excellent


blakcmamba

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Reply 3 on: Yesterday
:D TYSM

 

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