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Author Question: Which of the following factors can delay the entry of new competitive firms into the oligopoly ... (Read 59 times)

jman1234

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  • Posts: 560
on: Jun 30, 2018
Which of the following factors can delay the entry of new competitive firms into the oligopoly market characterized by a dominant firm and some fringe firms?
 a. Mergers and acquisitions
  b. Price threat
  c. Brandname and reputation of the dominant firm
  d. Quality controls set by the government

Question 2

If a monopolist is producing at that output where price equals average variable cost in the short run, then it is earning a negative profit.
 a. True
  b. False
  Indicate whether the statement is true or false


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cclemon1

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

C

Answer to Question 2

True


jman1234

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Dominic

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Reply 3 on: Yesterday
Excellent

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