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Author Question: In the long run, even if new fringe firms enter the oligopoly market, the dominant firm's profit ... (Read 94 times)

mckennatimberlake

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on: Jun 30, 2018
In the long run, even if new fringe firms enter the oligopoly market, the dominant firm's profit will remain unaltered.
  Indicate whether the statement is true or false

Question 2

Economies of scale, control over a scarce input, and patents are all examples of barriers to entry.
 a. True
  b. False
  Indicate whether the statement is true or false


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meltdown117

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

F

Answer to Question 2

True


mckennatimberlake

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dnite

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Reply 3 on: Yesterday
:D TYSM

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