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Author Question: Which of the following is an example of an oligopolistic market structure? a. public utilities b. ... (Read 146 times)

luminitza

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on: Jul 1, 2018
Which of the following is an example of an oligopolistic market structure?
 a. public utilities
  b. air transport industry
  c. liquor retailers
  d. wheat farmers
  e. none of the above

Question 2

(pg 168) Charging prices closer to what consumers are willing to pay for a good
 a. Reduces consumers surplus
  b. Increases producer surplus
  c. Both a and b
  d. None of the above


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lindahyatt42

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


luminitza

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

dyrone

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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