Author Question: Which of the following is an example of an oligopolistic market structure? a. public utilities b. ... (Read 79 times)

luminitza · **on:** Jul 1, 2018

Which of the following is an example of an oligopolistic market structure?
a. public utilities
b. air transport industry
c. liquor retailers
d. wheat farmers
e. none of the above

Question 2

(pg 168) Charging prices closer to what consumers are willing to pay for a good
a. Reduces consumers surplus
b. Increases producer surplus
c. Both a and b
d. None of the above