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Author Question: Which of the following is NOT true of an oligopoly? A) They advertise their product. B) The ... (Read 58 times)

CBme

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on: Jun 29, 2018
Which of the following is NOT true of an oligopoly?
 
  A) They advertise their product.
  B) The firms recognize their interdependence.
  C) A few firm account for a large portion of the total output.
  D) Firms are price takers.

Question 2

Laws that make it difficult to start a new business lead to a
 
  A) high rate of economic growth.
  B) low rate of economic growth.
  C) more political freedom.
  D) laissez-faire.


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cuttiesgirl16

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


CBme

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

cici

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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