It is important to understand oligopoly markets because: a. ...

[haleyc112]

It is important to understand oligopoly markets because:
 a. although few real world markets are oligopolies, their existence raises interesting theoretical questions.
  b. oligopolies typically generate more deadweight loss than monopolies.
  c. oligopolies can generate a whole range of possible outcomes between monopoly and perfect competition.
  d. one can predict the market outcome exactly just by knowing the number of firms in the market.

Question 2

The social discount rate used in cost-benefit analysis is equal to a weighted average of the Treasury Bill rate and the long-term government borrowing rate.
 a. true
  b. false

[Jody Vaughn]

Answer to Question 1

c

Answer to Question 2

b

[haleyc112]

Thank you

[Jody Vaughn]

Happy to help you