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

Author Question: One thing oligopolists must do in order to determine their optimal strategy is (Read 116 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
on: Apr 19, 2019

Question 1

In general, oligopolists compete


◦ on price alone.
◦ on many dimensions except for price.
◦ on price, R&D, and marketing and advertising.
◦ None of these. There is no competition in oligopolistic industries.

Question 2

One thing oligopolists must do in order to determine their optimal strategy is


◦ anticipate the reaction of their customers to their strategy.
◦ ignore the reaction of their rivals to their strategy.
◦ ignore the reaction of their customers to their strategy.
◦ produce a unique product which has no close substitutes.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mr.Thesaxman on Apr 19, 2019

softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
Reply #2 on: Apr 19, 2019
Excellent


softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Using Parallax to Determine Distance Using Parallax to Determine Distance
How to use implicit differentiation with higher order derivatives How to use implicit differentiation with higher order derivatives
How to evaluate third-order determinants by Minors Method (Question 1) How to evaluate third-order determinants by Minors Method (Question 1)
How to evaluate the second order determinant How to evaluate the second order determinant
Determine exact value of tan2x,sin2x, and cos2x Determine exact value of tan2x,sin2x, and cos2x
Rate order question Rate order question
Video: The Nerve Impulse

For a complete list of videos, visit our video library