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Author Question: All of the following are examples of oligopolistic markets except A) seafood restaurant chains. ... (Read 172 times)

TFauchery

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All of the following are examples of oligopolistic markets except
 
  A) seafood restaurant chains. B) the broadcasting industry.
  C) college bookstores. D) aircraft manufacture.

Question 2

Suppose Barry is maximizing his utility from consuming used paperback novels and audio books. The price of a used novel = 4 and the price of an audio book = 8.
 
  If the marginal utility of the last novel was 32 units of utility (utils) what was the marginal utility of the last audio book purchased?
  A) 2 utils B) 12 utils C) 16 utils D) 64 utils


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cadimas

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TFauchery

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


nyrave

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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