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Author Question: A(n) ____ can be used to demonstrate why a competitive oligopoly tends to result in a low-price ... (Read 24 times)

lak

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on: Jun 30, 2018
A(n) ____ can be used to demonstrate why a competitive oligopoly tends to result in a low-price strategy that does not maximize mutual profits.
 a. interdependence index
  b. gini coefficient
  c. herfindahl index
  d. payoff matrix

Question 2

Which of the following is an example of a fixed cost for a fishing company?
 a. The cost of hiring a fishing crew.
  b. The fuel costs of running the boat.
  c. The monthly loan payment on the boat.
  d. The supply of nets, hooks, and fishing lines.
  e. Bait.


rnehls

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

d

Answer to Question 2

c


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lak

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Reply #2 on: Jun 30, 2018
Correct answers!


rnehls

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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