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Author Question: The four largest firms account for approximately 90% of U.S. beer sales. The U.S. beer industry ... (Read 21 times)

ericka1

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on: Apr 19, 2019

Question 1

Oligopoly is difficult to analyze because


◦ there is no price competition among oligopolistic firms.
◦ of the complex interdependence that usually exists among oligopolistic firms.
◦ price is not a decision variable for oligopolistic firms.
◦ there is price competition among oligopolistic firms but no competition on product quality.

Question 2

The four largest firms account for approximately 90% of U.S. beer sales. The U.S. beer industry would be best classified as a(n)


◦ perfectly competitive industry.
◦ monopolistically competitive industry.
◦ oligopoly.
◦ monopoly.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by ericka1 on Apr 19, 2019

mmpiza

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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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ericka1

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Reply #2 on: Apr 19, 2019
Excellent


mmpiza

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


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