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Author Question: One thing oligopolists must do in order to determine their optimal strategy is (Read 117 times)

Mr.Thesaxman

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on: Apr 19, 2019

Question 1

In general, oligopolists compete


◦ on price alone.
◦ on many dimensions except for price.
◦ on price, R&D, and marketing and advertising.
◦ None of these. There is no competition in oligopolistic industries.

Question 2

One thing oligopolists must do in order to determine their optimal strategy is


◦ anticipate the reaction of their customers to their strategy.
◦ ignore the reaction of their rivals to their strategy.
◦ ignore the reaction of their customers to their strategy.
◦ produce a unique product which has no close substitutes.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Mr.Thesaxman on Apr 19, 2019

softEldritch

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mr.Thesaxman

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Reply #2 on: Apr 19, 2019
Excellent


softEldritch

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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