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

Author Question: In oligopoly, firms (Read 46 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
on: Apr 19, 2019

Question 1

The market structure in which the behavior of any given firm depends on the behavior of the other firms in the industry is


◦ perfect competition.
◦ monopoly.
◦ monopolistic competition.
◦ oligopoly.

Question 2

In oligopoly, firms


◦ are able to influence price only if the oligopolist's products are standardized.
◦ are able to influence price only if the oligopolist's products are differentiated.
◦ by virtue of their size, are able to influence price regardless of whether or not the product is differentiated or standardized.
◦ have no influence over price regardless of whether or not the product is differentiated or standardized.
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 pane00 on Apr 19, 2019

Anna

  • Sr. Member
  • ****
  • Posts: 343
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 56% of students answer this correctly


pane00

  • Member
  • Posts: 579
Reply 2 on: Apr 19, 2019
Wow, this really help

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
Economic objectives of firms Economic objectives of firms
Competitive firms and maximization Competitive firms and maximization
Competitive firms and maximization Competitive firms and maximization
Video: Pores and Ion Channels

For a complete list of videos, visit our video library