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Author Question: In an oligopoly, the demand curve facing an individual firm depends upon a. the behavior of ... (Read 113 times)

tuffie

  • Hero Member
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  • Posts: 534
on: Jun 30, 2018
In an oligopoly, the demand curve facing an individual firm depends upon
 a. the behavior of competing firms
  b. the shape of the firm's average total cost curve
  c. the shape of the firm's marginal cost curve
  d. the firm's supply curve
  e. the shape of the firm's average variable cost curve

Question 2

According to rent-seeking theory, which group is most likely to benefit from representative democracy?
 a. consumers
  b. taxpayers
  c. the poor
  d. children
  e. lawyers


orangecrush

  • Sr. Member
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  • Posts: 350
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


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