[Answered] Which of the following is an example of an oligopolistic market structure? a. public utilities b. ...

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

Author Question: Which of the following is an example of an oligopolistic market structure? a. public utilities b. ... (Read 134 times)

luminitza

Hero Member
Posts: 555

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

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

lindahyatt42

Sr. Member
Posts: 322

Reply #1 on: Jul 1, 2018

Answer to Question 1

b

Answer to Question 2

c

luminitza

Member
Posts: 555

Reply 2 on: Jul 1, 2018

TYSM

cpetit11

Member
Posts: 321

Reply 3 on: Yesterday

Gracias!

« previous next »

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.