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

Author Question: Which of the following exemplifies an intangible durable strategy used by firms to prevent ... (Read 67 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
Which of the following exemplifies an intangible durable strategy used by firms to prevent competition?
 a. Merging with its competitors
  b. Using brand name or trademark as a reflection of product quality
  c. Advertising
  d. Investing in specific assets

Question 2

In a monopolistically competitive scenario, the demand curve for an existing firm ____ when firms exit the industry.
 a. becomes more inelastic
  b. becomes vertical
 c. becomes horizontal
 d. becomes more elastic



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
Answer to Question 1

B

Answer to Question 2

a




frankwu

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library