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

Author Question: Arbitrage creates profits but has no effect on prices. Indicate whether the statement is true or ... (Read 66 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
Arbitrage creates profits but has no effect on prices.
  Indicate whether the statement is true or false

Question 2

A basic characteristic of the firms in an oligopoly market structure is that they are:
 a. large (relative to the total market) and interdependent.
  b. large (relative to the total market) and independent.
 c. small (relative to the total market) and interdependent.
  d. small (relative to the total market) and independent.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloud

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


olgavictoria

  • Hero Member
  • *****
  • Posts: 528
Reply #2 on: Jun 30, 2018
Thank you :)


cloud

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Factors Affecting Saturation and Condensation: Effect of Solution Factors Affecting Saturation and Condensation: Effect of Solution
Effect of Atmospheric Stability Effect of Atmospheric Stability
Actions of mutM, mutT, and mutY gene products in countering the mutagenic effect of 8-oxoguanine -oG Actions of mutM, mutT, and mutY gene products in countering the mutagenic effect of 8-oxoguanine -oG
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
The Composition Effect The Composition Effect
The Coriolis Effect The Coriolis Effect
Video: Language Areas Animation

For a complete list of videos, visit our video library