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

Author Question: In an oligopoly A) there are many firms. B) there is one firm. C) there are few firms. D) ... (Read 109 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
In an oligopoly
 A) there are many firms.
  B) there is one firm.
  C) there are few firms.
  D) firms openly collude.

Question 2

In monopolistic competition
 A) firms can earn long-run economic profit due to product differentiation.
  B) firms are unable to earn economic profit over the long run.
  C) firms can only earn accounting profits over the long-run.
  D) firms can block entry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


hubes95

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
Gracias!

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Firm handshake Firm handshake
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library