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Author Question: Which of the following activities are distinctive of oligopolies? I. Collaboration in price setting. ... (Read 95 times)

clmills979

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on: Jul 2, 2018
Which of the following activities are distinctive of oligopolies? I. Collaboration in price setting. II. Division of markets into spheres of influence. III. Use of reciprocal buying agreements with purchasers. IV. Avoidance of advertising.
 
  a. I, II, III
  b. I, II, IV
  c. I, III
  d. II, III
  e. II, III, IV

Question 2

A characteristic of the typical large corporation is that
 
  a. its workers are more satisfied than those at smaller firms.
  b. ownership is separated from management.
  c. its workers are paid less than those at smaller firms.
  d. specialization remains low.
  e. its workers have more opportunity to develop their skills.


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jointhecircus

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Reply #1 on: Jul 2, 2018
Answer to Question 1

a

Answer to Question 2

b


clmills979

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Reply 2 on: Jul 2, 2018
YES! Correct, THANKS for helping me on my review

jojobee318

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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