Author Question: Suppose a firm can charge a relatively low price to try to compete actively with its rivals, or it ... (Read 87 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
Suppose a firm can charge a relatively low price to try to compete actively with its rivals, or it can charge a relatively high, collusive price.
 
  If its strategy is to charge the low price regardless of the other firms' decisions, this low-price is the firm's A) dependent strategy.
  B) independent strategy.
  C) dominant strategy.
  D) positive sum strategy.

Question 2

Given a linear curve, the value on the y-axis changes from 100 to 120 when the value on the x-axis changes from 20 to 10, then the slope of that curve is
 
  A) -20.
  B) +20.
  C) -2.
  D) +2.



amandalm

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library