This topic contains a solution. Click here to go to the answer

Author Question: Oligopoly firms: a. usually act as if they were a monopoly producer. b. generally charge a price ... (Read 34 times)

colton

  • Hero Member
  • *****
  • Posts: 627
Oligopoly firms:
 a. usually act as if they were a monopoly producer.
 b. generally charge a price for goods and services equal to marginal cost.
 c. base their pricing and output decisions on the likely responses of rival firms.
  d. are isolated from competition by low barriers to entry.

Question 2

Which of the following exemplifies specific performance that a court might order from the party in breach of a contract?
 a. A seller ordered to pay back the price of the commodity to the customer having failed to deliver it on-time.
  b. A popular singer requested to forgo the fee for her performance at a social fund raising program.
  c. The owner of a polluting factory ordered to convert his private plot into a public garden.
  d. A movie director ordered to work with an actress he had previously contracted with, instead of one he later found was available for a lower price.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

c

Answer to Question 2

D




colton

  • Member
  • Posts: 627
Reply 2 on: Jun 30, 2018
Excellent


samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

For a complete list of videos, visit our video library