This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Unlike perfectly competitive and monopolistically competitive firms, oligopolistic firms (Read 57 times)

xman15.

  • Full Member
  • ***
  • Posts: 155
on: Oct 12, 2022

Question 1

Oligopolistic firms make decisions after taking into account the expected reaction of their competitors. In doing this, oligopolists are exhibiting
◦ strategic behaviour.
◦ collusive behaviour.
◦ cooperative behaviour.
◦ non-cooperative behaviour.
◦ non-strategic behaviour.

Question 2

Unlike perfectly competitive and monopolistically competitive firms, oligopolistic firms
◦ always make positive profits.
◦ always have differentiated products.
◦ earn zero profits in the long run.
◦ operate where MR = MC.
◦ take account of the likely reactions of their competitors to their actions.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by xman15. on Oct 12, 2022

avelasquez

  • Full Member
  • ***
  • Posts: 168
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 32% of students answer this correctly


xman15.

  • Member
  • Posts: 155
Reply 2 on: Oct 12, 2022
Gracias!

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Competitive inhibition Competitive inhibition
Uranus's aurorae against its equatorial rings, imaged by the Hubble telescope. Unlike the auror Uranus's aurorae against its equatorial rings, imaged by the Hubble telescope. Unlike the auror
Effects of competitive inhibition on enzyme kinetics Effects of competitive inhibition on enzyme kinetics
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ... A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ...
Competitive firms and maximization Competitive firms and maximization
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library