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

Author Question: In oligopoly, firms (Read 58 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
Excellent

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

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

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: Conjunctivitis

For a complete list of videos, visit our video library