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 55 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
Excellent

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق" Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق"
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Exponential Function vs. Power Function Exponential Function vs. Power Function
The growing demand for electrical power, carbon sequestration and storage must be a priority The growing demand for electrical power, carbon sequestration and storage must be a priority
Physics: Power, Energy and Time Physics: Power, Energy and Time
Video: Apicomplexan life cycle Animation

For a complete list of videos, visit our video library