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

Author Question: The smaller the share of the fringe firms in an oligopoly market, the smaller will be the profit ... (Read 47 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
The smaller the share of the fringe firms in an oligopoly market, the smaller will be the profit earned by the dominant firm.
  Indicate whether the statement is true or false

Question 2

A monopoly is a market model in which just one firm sells a product with no close substitutes.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

F

Answer to Question 2

True


809779

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Gracias!

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella
Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the
Ardipithecus kadabba has large canine teeth that are only slightly smaller than those of living apes Ardipithecus kadabba has large canine teeth that are only slightly smaller than those of living apes
Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق" Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق"
Share of Human Capital in Wages in Developing Countries Share of Human Capital in Wages in Developing Countries
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library