This topic contains a solution. Click here to go to the answer

Author Question: If a duopolists' collusive price-fixing game can be played repeatedly, A) one possible ... (Read 74 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
If a duopolists' collusive price-fixing game can be played repeatedly,
 
  A) one possible equilibrium is that both firms cheat.
  B) players can signal their willingness to cooperate.
  C) players can punish cheaters in the following game.
  D) All of the above answers are correct.

Question 2

If total fixed cost increases, then the average total cost curve ________ and the marginal cost curve ________.
 
  A) does not shift; shifts upward
  B) shifts upward; shifts upward
  C) does not shift; does not shift
  D) shifts upward; does not shift



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

D

Answer to Question 2

D




ssal

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Gracias!

 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library