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Author Question: ____ yields the same results as the theory of perfect competition, but requires substantially fewer ... (Read 37 times)

cmoore54

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on: Jul 1, 2018
____ yields the same results as the theory of perfect competition, but requires substantially fewer assumptions than the perfectly competitive model.
 a. Baumol's sales maximization hypothesis
  b. The Pareto optimality condition
  c. The Cournot model
  d. The theory of contestable markets
  e. none of the above

Question 2

The following is not associated with bid-rigging
 a. bid-riggers bidding their true value
  b. knockout auctions
  c. bid rotations
  d. amnesty to the first conspirator willing to testify against fellow conspirators


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whitcassie

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

d

Answer to Question 2

a


cmoore54

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

marict

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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