This topic contains a solution. Click here to go to the answer

Author Question: The oligopoly model that is most appropriate when one large firm usually takes the lead in setting ... (Read 72 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
The oligopoly model that is most appropriate when one large firm usually takes the lead in setting price is the ________ model.
 
  A) Cournot
  B) Stackelberg
  C) game theory
  D) prisoner's dilemma

Question 2

For a two-part tariff imposed on two consumers, the entry fee is based on the:
 
  A) consumer surplus of the customer with lower willingness-to-pay.
  B) consumer surplus of the customer with higher willingness-to-pay.
  C) simple average of the consumer surplus for the two buyers.
  D) none 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

Ashley I

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

B

Answer to Question 2

A





 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library