« previous next »

Author Question: If firms have different costs and market demand only supports the quantity the incumbent produces, ... (Read 87 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
on: Jul 1, 2018
If firms have different costs and market demand only supports the quantity the incumbent produces, then the incumbent's threat to use limit pricing
 
  A) is credible.
  B) is not credible.
  C) would be illegal.
  D) is unable to be determined with the information given.

Question 2

Which of the following are reasons why Social Security is compulsory?
 
  a. A pay-as-you-go system needs new contributors to maintain solvency.
  b. A pay-as-you go system cannot let older individuals opt out of benefits.
  c. The adverse selection problem.
  d. all of the above
  e. a and c


frejo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
Testing Infant’s Understanding of Quantity Testing Infant’s Understanding of Quantity
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Stock Market Question Stock Market Question
One generation of random mating produces Hardy–Weinberg equilibrium One generation of random mating produces Hardy–Weinberg equilibrium
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library