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

Author Question: In the Hotelling model, firms can avoid price competition by differentiating their products. ... (Read 15 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jul 1, 2018
In the Hotelling model, firms can avoid price competition by differentiating their products.
 
  Indicate whether the statement is true or false

Question 2

In 1900, the average life expectancy in the U.S. was:
 
  a. 32
  b. 47
  c. 60
  d. 68


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shewald78

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 1, 2018
Answer to Question 1

T The firms can locate at the ends of the Hotelling's Main Street, so their prices have small rather than large effects on their competition for sales.

Answer to Question 2

B


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jul 1, 2018
Excellent

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Information Processing Model The components of the model operate simultaneously. Information Processing Model The components of the model operate simultaneously.
The Keynesian IS/LM Model The Keynesian IS/LM Model
Knead accessible leg and hip muscles; alternate with effleurage. Avoid massage of the medial side of ... Knead accessible leg and hip muscles; alternate with effleurage. Avoid massage of the medial side of ...
Opener Model showing how the lac repressor and catabolite-activating protein Opener Model showing how the lac repressor and catabolite-activating protein
The sliding-filament model The sliding-filament model
A Model of Directional Selection against a Recessive Lethal Allele A Model of Directional Selection against a Recessive Lethal Allele
Video: Glucagon (glycogenolysis and gluconeogenesis)

For a complete list of videos, visit our video library