This topic contains a solution. Click here to go to the answer

Author Question: Collusion is easier to achieve and maintain in oligopoly when a. there are many firms in the ... (Read 46 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
Collusion is easier to achieve and maintain in oligopoly when
 a. there are many firms in the industry
  b. the firms' products are homogeneous
  c. the firms' cost structures are very different
  d. there are very weak barriers to entry
  e. the industry is located in the United States

Question 2

Relative to private firms, we should expect public bureaus to be
 a. smaller
  b. more cost-efficient
  c. less responsive to consumer demand
  d. more concerned with adopting new technologies
  e. more in tune with consumer desires



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B

Answer to Question 2

C





 

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?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

For a complete list of videos, visit our video library