Author Question: The Cournot model contains both competition and monopoly. Indicate whether the statement is true ... (Read 54 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
The Cournot model contains both competition and monopoly.
 
  Indicate whether the statement is true or false

Question 2

The worldwide trend is for populations to be increasingly:
 
  a. Mobile and urban
  b. Insular and stay at home
  c. Spread out rural to seaside
  d. Northern moving because of global warming



ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

T If n, the number of firms in Cournot's market, is large the result is competition but if n is one, the result is monopoly.

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

For a complete list of videos, visit our video library