Author Question: Suppose a firm can charge a relatively low price to try to compete actively with its rivals, or it ... (Read 64 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?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

For a complete list of videos, visit our video library