Author Question: A brand name may contribute to oligopolists' economic profit by a. shifting the demand curve ... (Read 54 times)

Capo · **on:** Jun 30, 2018

A brand name may contribute to oligopolists' economic profit by
a. shifting the demand curve leftward
b. shifting the supply curve leftward
c. overcoming economies of scale
d. acting as a barrier to entry
e. reducing advertising costs

Question 2

Special interest legislation generally leads to an increase in social welfare.
a. True
b. False