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 98 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
Excellent

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Segregation according to resource factor among 40 species of British passerine birds. Segregation according to resource factor among 40 species of British passerine birds.
Competitive drug enzyme immunoassay. Competitive drug enzyme immunoassay.
Platelet-activating factor Platelet-activating factor
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
Maternal age is the major risk factor for autosomal trisomies of all types. By age 42, about one in Maternal age is the major risk factor for autosomal trisomies of all types. By age 42, about one in
Translation Initiation Factor Homologs Translation Initiation Factor Homologs
Video: Central Nervous System Animation

For a complete list of videos, visit our video library