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

Author Question: The process of "creative destruction" in an oligopolistic industry suggests that (Read 55 times)

ksmithunr

  • Full Member
  • ***
  • Posts: 176
on: Oct 12, 2022
The process of "creative destruction" in an oligopolistic industry suggests that
◦ profits are driven to zero by the entry of new firms.
◦ there are no costs of exit in oligopoly.
◦ firms can enter and leave without incurring any sunk costs of entry.
◦ no firm can survive in the long run.
◦ the prospect of keeping the resulting profits provides an incentive for firms to innovate.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ksmithunr on Oct 12, 2022

DevinBrifm

  • Full Member
  • ***
  • Posts: 180
    • i thought about coupon codes
Reply #1 on: Oct 12, 2022
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 29% of students answer this correctly

When you observe that the full time is nearing, increase that to your grocery list. navigate to these guys

ksmithunr

  • Member
  • Posts: 176
Reply 2 on: Oct 12, 2022
Excellent

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Despite the traditional focus on males, females actively choose mates and are the driving force in t Despite the traditional focus on males, females actively choose mates and are the driving force in t
The steps in the hearing process. (1) Sound waves enter the outer ear and travel through the ear ... The steps in the hearing process. (1) Sound waves enter the outer ear and travel through the ear ...
Before starting the process of adjusting the valves, look up the specifications and exact ... Before starting the process of adjusting the valves, look up the specifications and exact ...
The debranching process in glycogen catabolism The debranching process in glycogen catabolism
In a metallurgical process the mineral pyrite, FeS2, is roasted in air: FeS2 + O2 Fe2O3 + ... In a metallurgical process the mineral pyrite, FeS2, is roasted in air: FeS2 + O2 Fe2O3 + ...
The process of margination The process of margination
Video: Protein Secondary and Tertiary Structures - Animation

For a complete list of videos, visit our video library