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

Author Question: The tit-for-tat strategy implies that the firms a. in non-competitive industries match price ... (Read 73 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The tit-for-tat strategy implies that the firms
 a. in non-competitive industries match price increases but ignore price decreases
  b. will follow the lead of the dominant firm in making pricing decisions
  c. prices will change whenever fixed cost changes
  d. cooperate on the first round, and then follow your competitors reactions on the second round
  e. price will only change if demand changes

Question 2

Which of the following can be a renewable resource?
 a. oil
  b. timber
  c. coal
  d. iron ore
  e. uranium


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wtf444

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


javeds

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

competitive inhibition competitive inhibition
Success of the Republican “Southern Strategy” Success of the Republican “Southern Strategy”
Competitive inhibitor Competitive inhibitor
Eating a variety of foods from all food groups is the best strategy to meet your daily mineral needs Eating a variety of foods from all food groups is the best strategy to meet your daily mineral needs
Strategy: Algorithms and Heuristics Strategy: Algorithms and Heuristics
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library