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

Author Question: In the Cournot model A) market price is unaffected by the actions of any individual firm. B) ... (Read 24 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
In the Cournot model
 
  A) market price is unaffected by the actions of any individual firm.
  B) firms do not have to worry about the strategies of the other firms.
  C) firms' profits are independent.
  D) firms' profits are interdependent.

Question 2

The implementation of the assembly line is an example how
 
  A) changes in the organization of production improve productivity.
  B) neutral technical change improves productivity.
  C) non-neutral technical change can decrease productivity.
  D) labor saving technical change increases economy-wide unemployment.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Brenm

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

D

Answer to Question 2

A




savannahhooper

  • Member
  • Posts: 576
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library