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Author Question: The conclusion that firms in oligopoly always produce where price exceeds marginal cost is true for ... (Read 65 times)

DyllonKazuo

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on: Apr 19, 2019

Question 1

In contestable markets, large oligopolistic firms end up behaving like


◦ monopolistically competitive firms.
◦ a monopoly.
◦ perfectly competitive firms.
◦ a cartel.

Question 2

The conclusion that firms in oligopoly always produce where price exceeds marginal cost is true for all models of oligopoly 
except the


◦ collusive oligopoly model.
◦ price-leadership model.
◦ Cournot model.
◦ contestable market model.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by DyllonKazuo on Apr 19, 2019

itsakadoozi

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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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DyllonKazuo

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

6ana001

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

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