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

Author Question: Which of the following is a feature of an oligopoly market? A) There is a large number of sellers ... (Read 39 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
Which of the following is a feature of an oligopoly market?
 
  A) There is a large number of sellers in this market.
  B) There are no barriers to entry in this market.
  C) Each firm in this market earns zero economic profits.
  D) Each firm's action affects the decisions of its rival.

Question 2

Most of the goods produced in an economy are ________.
 
  A) private goods
  B) public goods
  C) club goods
  D) inferior goods


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kjo;oj

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

D

Answer to Question 2

A


maychende

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo
The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella The rotifer, Brachionus calyciflorus, is a large predator that consumes the smaller algae, Chlorella
Portrait of a Shy Albatross. Note the large, hooked beak and nasal tubes. Portrait of a Shy Albatross. Note the large, hooked beak and nasal tubes.
shelducks, genus Tadorna, are a group of large birds in the Tadorninae subfamily of the Anatidae shelducks, genus Tadorna, are a group of large birds in the Tadorninae subfamily of the Anatidae
Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library