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Author Question: If the firms in an oligopoly collude, the results will approximate what other type of industry? a. ... (Read 92 times)

CQXA

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

D


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