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Author Question: In the personal computer market, some large manufacturers are able to buy computer components (e.g., ... (Read 152 times)

burton19126

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on: Jul 1, 2018
In the personal computer market, some large manufacturers are able to buy computer components (e.g., disk drives, flat-screen monitors, and memory chips) and software at lower prices than smaller firms in the market.
 
  This outcome indicates that the large firms enjoy some degree of ________ in this market. A) monopoly power
  B) oligopoly power
  C) oligopsony power
  D) monopsony power

Question 2

A high marginal tax rate reduces work incentives.
 
  Indicate whether the statement is true or false


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bhavsar

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

D

Answer to Question 2

T


burton19126

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

mammy1697

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Reply 3 on: Yesterday
Excellent

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