Author Question: ____ facilitates joint profit maximization for the oligopoly. a. Entry barrier b. Switching costs ... (Read 54 times)

sjones · **on:** Jun 30, 2018

____ facilitates joint profit maximization for the oligopoly.
a. Entry barrier
b. Switching costs
c. Collusion
d. Externalities

Question 2

A contract containing an adjustment provision which allows the supplier to recover a fraction of his additional costs when input prices cross a certain level, is considered efficient because:
a. it reallocates the supplier's risk while checking his activities.
b. it reallocates risks completely to the buyers.
c. it allows the supplier to take up risks.
d. it allows the buyers to partially reallocate their risks.