Author Question: If the firms in an oligopoly collude, the results will approximate what other type of industry? a. ... (Read 35 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
If the firms in an oligopoly collude, the results will approximate what other type of industry?
 a. perfect competition
 b. monopolistic competition
  c. monopoly
 d. none of the above

Question 2

Which of the following may require the parties to renegotiate certain parts of a contract if market conditions change drastically?
 a. Termination clause
  b. Omnibus clause
  c. Adjustment clause
  d. Reopener clause



matt

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

c

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

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?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

For a complete list of videos, visit our video library