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

Author Question: The theory of oligopolistic interdependence means that the outcome is uncertain because price and ... (Read 82 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
The theory of oligopolistic interdependence means that the outcome is uncertain because price and output decisions depend on responses of rivals.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Marginal cost is best defined as:
 a. a cost that does not vary with the rate of output.
  b. the difference between fixed and variable cost at any level of output.
  c. the amount added to total cost when one more unit of output is produced.
  d. the difference between price and average total cost at the profit-maximizing level of output.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Gracias!

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican
Theory of Endosymbiosis Theory of Endosymbiosis
Worldviews Theory Worldviews Theory
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The clonal selection theory of the adaptive immune response The clonal selection theory of the adaptive immune response
The James-Lange Theory of Emotion The James-Lange Theory of Emotion
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library