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

Author Question: Which of the following explains one reason why an oligopolistic firm may have market power? (Read 25 times)

agstelzer01

  • Full Member
  • ***
  • Posts: 126
on: Oct 12, 2022

Question 1

An oligopolistic firm can earn positive profits
◦ only if it advertises its own product.
◦ only if it maintains excess capacity in the production of it product.
◦ only in the short run.
◦ because there are barriers to entry.
◦ only in the long run.

Question 2

Which of the following explains one reason why an oligopolistic firm may have market power?
◦ The market may be "contestable."
◦ There are many similar producers.
◦ The firm produces a significant fraction of total industry output.
◦ The firm always makes positive profits.
◦ The firm has diseconomies of scale.
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 agstelzer01 on Oct 12, 2022

Jaclyn92G6

  • Full Member
  • ***
  • Posts: 176
    • save money with 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 39% of students answer this correctly

Look for coupons that come in delivers while in the email, in mags, or with in the inserts with all the Sunday forms. www.baccarat35.com

agstelzer01

  • Member
  • Posts: 126
Reply 2 on: Oct 12, 2022
Gracias!

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Midway Island, an inhospitable atoll acquired in 1867, was valuable as a military base located midwa Midway Island, an inhospitable atoll acquired in 1867, was valuable as a military base located midwa
The Power and Control Wheels of Abusive Relationships When one person in a relationship repeatedly ... The Power and Control Wheels of Abusive Relationships When one person in a relationship repeatedly ...
Power in the United States: The Model Proposed by C. Wright Mills Power in the United States: The Model Proposed by C. Wright Mills
The Fukushima disaster in Japan caused many governments to rethink their commitment to nuclear power The Fukushima disaster in Japan caused many governments to rethink their commitment to nuclear power
Wind, solar, biomass, and geothermal power account for less than 1% of global power generation Wind, solar, biomass, and geothermal power account for less than 1% of global power generation
Ian Van Dahl - Reason Ian Van Dahl - Reason
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library