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

Author Question: Which of the following is a similarity between a monopoly and an oligopoly with differentiated ... (Read 25 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Which of the following is a similarity between a monopoly and an oligopoly with differentiated products?
 
  A) There are no barriers to entry in both markets.
  B) The long-run equilibrium price in both markets exceeds marginal cost.
  C) There is a single seller in both markets.
  D) Firms in both the markets earn zero profit in the long run.

Question 2

In which of the four market structures do sellers act as price takers?
 
  A) Perfect competition
  B) Monopolistic competition
  C) Monopoly
  D) Oligopoly


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


jparksx

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Wow, this really help

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Mouse lung stained to visualize differentiated epithelial cells and macrophages Mouse lung stained to visualize differentiated epithelial cells and macrophages
Human embryonic stem cells differentiated to neural cells Human embryonic stem cells differentiated to neural cells
Gestalt Law of Similarity Gestalt Law of Similarity
The striking structural similarity between the translocation factor EF-G (right) and the ternary The striking structural similarity between the translocation factor EF-G (right) and the ternary
Similarity of the chemical structure of 5-bromouracil (5-BU) and thymine Similarity of the chemical structure of 5-bromouracil (5-BU) and thymine
Video: Transmission Across a Synapse

For a complete list of videos, visit our video library