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

Author Question: Pricing and output determination under an oligopoly is more complicated than pricing and output ... (Read 76 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
Pricing and output determination under an oligopoly is more complicated than pricing and output determinations in other industries. The primary reason for the complication is the:
 a. fewness of firms.
  b. brand loyalty of consumers.
  c. powerful effect of advertising.
  d. variability of concentration ratios.
  e. mutual interdependence of firms.

Question 2

The long run is a planning period:
 a. during which the firm can vary all inputs including its plant size.
  b. less than six months.
  c. less than one year.
  d. less than five years.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

a


burton19126

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Jun 30, 2018
Thank you :)


TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Determination of the complete genome sequence of Haemophilus influenzae by Venter, Smith, and collea Determination of the complete genome sequence of Haemophilus influenzae by Venter, Smith, and collea
Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
I know this is complicated, but take a crack at it anyway. This is a model of disequalibrium and its ... I know this is complicated, but take a crack at it anyway. This is a model of disequalibrium and its ...
How to sketch a complicated function using calculus How to sketch a complicated function using calculus
Role of Productivity in Determining Output per Worker, 2009 Role of Productivity in Determining Output per Worker, 2009
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Video: Depolarization of the SA node, Action potentials of the myocardium & ANS effects

For a complete list of videos, visit our video library