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

Author Question: If there are no externalities present in a market A) the market price is too low. B) the market ... (Read 68 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jun 30, 2018
If there are no externalities present in a market
 A) the market price is too low.
  B) the market price is too high.
  C) the market price is in equilibrium.
  D) none of these choices are true.

Question 2

In a collusive oligopoly, joint profits are maximized when a price leader establishes price based on:
 a. its own demand and cost schedules.
 b. the market demand for the product and the marginal costs of the various firms.
  c. the market demand for the product and its own marginal cost schedule.
 d. the demand curve faced by a typical competitor and its own marginal cost curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joewallace

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

b


haleyc112

  • Member
  • Posts: 600
Reply 2 on: Jun 30, 2018
Gracias!

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

In acute otitis media, the tympanic membrane is usually bulging and purulent fluid is present in the In acute otitis media, the tympanic membrane is usually bulging and purulent fluid is present in the
Time Line of Human History From Upper Paleolithic Period to the Present Time Line of Human History From Upper Paleolithic Period to the Present
The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts
Present Value Formula: Amortization Schedule Present Value Formula: Amortization Schedule
How many Cl atoms are present in 2.16 moles of NCl3? How many Cl atoms are present in 2.16 moles of NCl3?
Earth Present Earth Present
Video: Leukemia

For a complete list of videos, visit our video library