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

Author Question: What factor would not help resolve the Bertrand paradox (that a perfectly competitive outcome can ... (Read 136 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jul 1, 2018
What factor would not help resolve the Bertrand paradox (that a perfectly competitive outcome can emerge with as few as two firms in the market) if the basic Bertrand model were extended to include it?
 a. Repeated interaction
  b. Search costs
  c. Sequential moves
  d. Product differentiation

Question 2

Potential solutions to sell a high-quality used car include
 a. offering a warranty
  b. selling through a reputable dealer
  c. documenting the complete repair history
  d. all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


SO00

  • Member
  • Posts: 568
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

competitive inhibition competitive inhibition
Binding site variation for transcription factor CEBPA along gene PCK1 as determined by ChIP Binding site variation for transcription factor CEBPA along gene PCK1 as determined by ChIP
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Nesting Sites: A Limiting Factor Nesting Sites: A Limiting Factor
The Two-Factor Theory of Emotion The Two-Factor Theory of Emotion
Translation Initiation Factor Homologs Translation Initiation Factor Homologs
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library