Author Question: Managers in oligopoly firms must A) eliminate any barriers to entry if they hope to make ... (Read 182 times)

Tazate · **on:** Jun 29, 2018

Managers in oligopoly firms must

A) eliminate any barriers to entry if they hope to make short-run profits.
B) advertise heavily in order to differentiate their product.
C) anticipate the reaction of rival firms.
D) establish many varieties of their products to cover the spectrum of consumer tastes.

Question 2

Dynamic tax analysis is an economic evaluation of tax rate changes

A) by the National Tax Institute in Burlington, Massachusetts.
B) by various state governments.
C) by the tax institutes established by a consortium of business schools.
D) based on the assumption that tax base declines if tax rates continuously increase.