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

Author Question: The word oligopoly means A) elastic demand. B) few sellers. C) independent action. D) ... (Read 18 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
The word oligopoly means
 
  A) elastic demand.
  B) few sellers.
  C) independent action.
  D) interdependent selling.
  E) predatory pricing.

Question 2

In a perfectly competitive market, a marginal entrant:
 
  A) earns positive economic profits in the long run.
  B) is the first firm to enter a market.
  C) is indifferent between entering and not entering.
  D) determines the market price of the good it produces.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ngr69

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


yoroshambo

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Excellent

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Primary Action of Epinephrine in a Liver Cell Primary Action of Epinephrine in a Liver Cell
Antibodies mechanism of action Antibodies mechanism of action
How People Match Their Goals to Their Means How People Match Their Goals to Their Means
Mechanisms of action of lipid-lowering drugs. Mechanisms of action of lipid-lowering drugs.
How to solve word problems with two unknowns (Question 3) How to solve word problems with two unknowns (Question 3)
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library