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

Author Question: If a firm reacts to other firms' market decisions by anticipating how the other will then react, ... (Read 46 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


jake

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
:D TYSM

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

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.

Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Economic objectives of firms Economic objectives of firms
When 1.50 mol of CH4(g) reacts with excess Cl2(g) at constant pressure according to the ... When 1.50 mol of CH4(g) reacts with excess Cl2(g) at constant pressure according to the ...
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library