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penguins

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Question 1

Which of the following relates to an oligopolistic market?
◦ A homogeneous product
◦ A horizontal MR curve
◦ A small number of firms
◦ A unique product

Question 2

The market structure in which behaviour of any given firm depends on the behaviour of the other firms in the industry is
◦ monopoly.
◦ monopolistic competition.
◦ perfect competition.
◦ oligopoly.


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Marked as best answer by penguins on May 25, 2020

iceage

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penguins

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it


upturnedfurball

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Reply 3 on: Yesterday
:D TYSM

 

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