« previous next »

Author Question: Interdependence among firms is characteristic of: a. perfectly competitive markets. b. monopoly ... (Read 30 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Interdependence among firms is characteristic of:
 a. perfectly competitive markets.
 b. monopoly markets.
 c. oligopoly markets.
 d. monopolistically competitive markets.

Question 2

According to the Coase theorem, if transactions and negotiations are costless:
 a. people would arrive at agreements that maximize their individual benefits.
  b. people would arrive at agreements that maximize the total economic value.
  c. people would arrive at agreements that minimize their individual costs.
  d. people would arrive at agreement that minimize the total social cost.


catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

james

  • Hero Member
  • *****
  • Posts: 573
Reply #2 on: Jun 30, 2018
Correct answers!


catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Hartmann's mountain zebra resting, showing its characteristic essentially unbarred belly Hartmann's mountain zebra resting, showing its characteristic essentially unbarred belly
Young boy with characteristic nasal crease from the repeated action of the “nasal salute” caused ... Young boy with characteristic nasal crease from the repeated action of the “nasal salute” caused ...
Malignant melanoma. This photograph demonstrates the highly characteristic color of this tumor. Malignant melanoma. This photograph demonstrates the highly characteristic color of this tumor.
A substrate and its competitive inhibitor A substrate and its competitive inhibitor
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Competitive firms and maximization Competitive firms and maximization
Video: Hormonal regulation of pregnancy - weeks 2 through 38

For a complete list of videos, visit our video library