« previous next »

Author Question: If firms have different costs and market demand only supports the quantity the incumbent produces, ... (Read 57 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?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

The postoperative client supports an incision with a folded pillow when taking a deep breath and cou The postoperative client supports an incision with a folded pillow when taking a deep breath and cou
Dissolution of the Geosphere Produces Karst Terrain Dissolution of the Geosphere Produces Karst Terrain
Economic Costs of CVD Economic Costs of CVD
How lateral inhibition produces contrast enhancement. (Based on Ratliff, 1972.) How lateral inhibition produces contrast enhancement. (Based on Ratliff, 1972.)
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library