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Author Question: In oligopoly, firms (Read 31 times)

pane00

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on: Apr 19, 2019

Question 1

The market structure in which the behavior of any given firm depends on the behavior of the other firms in the industry is


◦ perfect competition.
◦ monopoly.
◦ monopolistic competition.
◦ oligopoly.

Question 2

In oligopoly, firms


◦ are able to influence price only if the oligopolist's products are standardized.
◦ are able to influence price only if the oligopolist's products are differentiated.
◦ by virtue of their size, are able to influence price regardless of whether or not the product is differentiated or standardized.
◦ have no influence over price regardless of whether or not the product is differentiated or standardized.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by pane00 on Apr 19, 2019

Anna

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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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pane00

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

chereeb

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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