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

Author Question: If a firm is an oligopolist, which is NOT true? A) It must pay attention to other firms' prices. ... (Read 84 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
on: Jun 29, 2018
If a firm is an oligopolist, which is NOT true?
 
  A) It must pay attention to other firms' prices.
  B) It is one of a relatively small number of firms dominating its industry.
  C) It can sell all the units it wants at the going market price.
  D) It is engaged in a strategic game.

Question 2

In the classical model, how do shifts in aggregate demand affect real GDP?
 
  A) Real GDP will remain unchanged.
  B) Increases in aggregate demand increase real GDP.
  C) Increases in aggregate demand decrease real GDP.
  D) Decreases in aggregate demand increase real GDP.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

izzat

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


rachel9

  • Member
  • Posts: 495
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph
True-color image of layers of haze in Titan's atmosphere. True-color image of layers of haze in Titan's atmosphere.
True Friendship True Friendship
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Which is TRUE about the alternation of generations cycle that is diagramed above? Which is TRUE about the alternation of generations cycle that is diagramed above?
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library