« previous next »

Author Question: The kinked demand curve model helps to explain: a. fluctuations of prices in pure competition b. ... (Read 152 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jul 1, 2018
The kinked demand curve model helps to explain:
 a. fluctuations of prices in pure competition
  b. stabilities observed in prices in oligopolistic industries
  c. fluctuations observed in prices in oligopolistic industries
  d. all of the above
  e. none of the above

Question 2

With no price discrimination,
 a. A firm sells every unit at different prices
  b. A firm sells every unit at same prices
  c. Low-value group pay a lower price than the high-value group
  d. Low-value group pay a higher price than the high-value group


trampas

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

A horse and rider in dressage competition at the Olympics A horse and rider in dressage competition at the Olympics
Pure Alexia in a Patient with Multiple Sclerosis Pure Alexia in a Patient with Multiple Sclerosis
The Murphy–Moller wellness model. The Murphy–Moller wellness model.
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Phrenology model showing areas of the head overlaying brain regions that control different traits. I Phrenology model showing areas of the head overlaying brain regions that control different traits. I
DNA-Z computer model DNA-Z computer model
Video: Cleavage and Implantation Animation

For a complete list of videos, visit our video library