This topic contains a solution. Click here to go to the answer

Author Question: If a firm reacts to other firms' market decisions by anticipating how the other will then react, ... (Read 42 times)

jake

  • Hero Member
  • *****
  • Posts: 538
If a firm reacts to other firms' market decisions by anticipating how the other will then react, this is:
 a. not profit-maximizing behavior
  b. a monopolistic competitive market
  c. a market with a low concentration ratio
  d. mutual interdependence
  e. collusion by definition

Question 2

During the short run, a firm has enough time to adjust:
 a. its technology.
  b. its fixed inputs.
  c. its variable inputs.
  d. all of its inputs-both fixed and variable.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gstein359

  • Sr. Member
  • ****
  • Posts: 293
Answer to Question 1

d

Answer to Question 2

c




jake

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Wow, this really help


bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

For a complete list of videos, visit our video library