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 114 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!

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
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 ...
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Firm handshake Firm handshake
Economic objectives of firms Economic objectives of firms
Competitive firms and maximization Competitive firms and maximization
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library