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

Author Question: When oligopolists take into account their competitors' behavior, this situation is called: a. ... (Read 134 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
When oligopolists take into account their competitors' behavior, this situation is called:
 a. mutual interdependence.
  b. monopolistic competition.
  c. independent.
  d. price discrimination.
  e. loss minimization.

Question 2

The long run is a period of:
 a. at least one year.
  b. sufficient length to allow a firm to expand output by hiring additional workers.
  c. sufficient length to allow a firm to alter its plant size and capacity and all other factors of production.
  d. sufficient length to allow a firm to transform economic losses into economic profits by hiring better workers.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Joc

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


azncindy619

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Dish from Ecuador called "Cuy" Dish from Ecuador called "Cuy"
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Children with insecure attachments may show angry behavior with peers, which can lead to peer ... Children with insecure attachments may show angry behavior with peers, which can lead to peer ...
Sociologists study the social factors that underlie human behavior, the experiences that mold us, ... Sociologists study the social factors that underlie human behavior, the experiences that mold us, ...
Drugs, Behavior, and Modern Society (8th Edition) Drugs, Behavior, and Modern Society (8th Edition)
A square matrix P is called a permutation matrix if each row and column of P contains exactly ... A square matrix P is called a permutation matrix if each row and column of P contains exactly ...
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library