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Author Question: A natural oligopoly can form A) if there are economies of scale. B) only if firms sell a ... (Read 84 times)

scienceeasy

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on: Jun 29, 2018
A natural oligopoly can form
 
  A) if there are economies of scale.
  B) only if firms sell a differentiated good.
  C) only if firms sell a homogeneous good.
  D) if there is only one firm in the industry.

Question 2

Real income measures the
 
  A) slope of the budget line.
  B) purchasing power of a given income.
  C) slope of the preference map.
  D) area under the indifference curve.


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zoeyesther

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

A

Answer to Question 2

B


scienceeasy

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Reply 2 on: Jun 29, 2018
Wow, this really help

milbourne11

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

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