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

Author Question: Which of the following explains one reason why an oligopolistic firm may have market power? (Read 23 times)

agstelzer01

  • Full Member
  • ***
  • Posts: 126
on: Oct 12, 2022

Question 1

An oligopolistic firm can earn positive profits
◦ only if it advertises its own product.
◦ only if it maintains excess capacity in the production of it product.
◦ only in the short run.
◦ because there are barriers to entry.
◦ only in the long run.

Question 2

Which of the following explains one reason why an oligopolistic firm may have market power?
◦ The market may be "contestable."
◦ There are many similar producers.
◦ The firm produces a significant fraction of total industry output.
◦ The firm always makes positive profits.
◦ The firm has diseconomies of scale.
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 agstelzer01 on Oct 12, 2022

Jaclyn92G6

  • Full Member
  • ***
  • Posts: 176
    • save money with coupon codes
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 39% of students answer this correctly

Look for coupons that come in delivers while in the email, in mags, or with in the inserts with all the Sunday forms. www.baccarat35.com

agstelzer01

  • Member
  • Posts: 126
Reply 2 on: Oct 12, 2022
:D TYSM

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

How solar-energy power works How solar-energy power works
Diagram of a typical fossil-fueled power plant Diagram of a typical fossil-fueled power plant
Acid Rain and Power Plant Emissions Acid Rain and Power Plant Emissions
Power Versus Tripod Grip Power Versus Tripod Grip
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Cylinder Power Balance Test Cylinder Power Balance Test
Video: Mitosis step-by-step

For a complete list of videos, visit our video library