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Author Question: It is important to understand oligopoly markets because: a. although few real world markets are ... (Read 61 times)

haleyc112

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on: Jul 1, 2018
It is important to understand oligopoly markets because:
 a. although few real world markets are oligopolies, their existence raises interesting theoretical questions.
  b. oligopolies typically generate more deadweight loss than monopolies.
  c. oligopolies can generate a whole range of possible outcomes between monopoly and perfect competition.
  d. one can predict the market outcome exactly just by knowing the number of firms in the market.

Question 2

The social discount rate used in cost-benefit analysis is equal to a weighted average of the Treasury Bill rate and the long-term government borrowing rate.
 a. true
  b. false


Jody Vaughn

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


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haleyc112

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Reply #2 on: Jul 1, 2018
Thank you :)


Jody Vaughn

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Reply #3 on: Jul 1, 2018
Happy to help you


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