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Author Question: In the dominant firm price leadership model, the dominant firm will produce where (Read 88 times)

elizabeth18

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on: May 25, 2020

Question 1

Which of the following aspects of oligopoly is NOT in the public interest?
◦ The market is contestable.
◦ Prices are set collusively.
◦ Suppliers have countervailing power.
◦ Customers have countervailing power.

Question 2

In the dominant firm price leadership model, the dominant firm will produce where
◦ marginal revenue is greater than marginal cost.
◦ price equals marginal revenue.
◦ marginal revenue equals marginal cost.
◦ price equals marginal cost.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by elizabeth18 on May 25, 2020

mjbamaung

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Reply #1 on: May 25, 2020
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.
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elizabeth18

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

bigcheese9

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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