« previous next »

Author Question: In which of the following market structures with two identical firms do both firms produce more than ... (Read 92 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
on: Jul 1, 2018
In which of the following market structures with two identical firms do both firms produce more than the Cournot outcome?
 
  A) Stackelberg Oligopoly
  B) Cartel
  C) Perfect Competition
  D) None of the above

Question 2

The position of a cartel will become weaker if there is ________ excess-capacity among the firms belonging to the cartel.
 
  A) minimum
  B) no
  C) zero
  D) high


raenoj

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Olfactory structures in the human nose. Olfactory structures in the human nose.
Thick filaments are bipolar structures created by the association of many myosin molecules Thick filaments are bipolar structures created by the association of many myosin molecules
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Structures of the ionized forms of some representative fatty acids (part 2) Structures of the ionized forms of some representative fatty acids (part 2)
Identical Twin Identical Twin
The Spinal Cord Is Protected by the Bony Structures of the Vertebrae. This Drawing of a Cervical Ver The Spinal Cord Is Protected by the Bony Structures of the Vertebrae. This Drawing of a Cervical Ver
Video: Gastrulation: cross section of the frog

For a complete list of videos, visit our video library