Author Question: Suppose a firm can charge a relatively low price to try to compete actively with its rivals, or it ... (Read 84 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 Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

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.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

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?

The human body produces and destroys 15 million blood cells every second.

For a complete list of videos, visit our video library