Features of oligopoly
Features of oligopoly: Following are some principal features of oligopoly : A) A few firmsB) High degree of interdependence.C) Non-price competition.D) Entry barriers.E) Formation of cartels.
Features of oligopoly: Following are some principal features of oligopoly :
A) A few firmsB) High degree of interdependence.C) Non-price competition.D) Entry barriers.E) Formation of cartels.
1) Identify and explain the chief economic factors which determine the price of a good or service. Please include how demand and supply interact and elasticity, etc. Also give examples with graphs.
Which of the give predatory strategies is illegal: (w) Redesigning an existing product to make this incompatible along with a rival's product. (x) Introduction of a close substitute to a rival's product. (y) Pricing below cost into order to force riva
All markets which are really relevant for human beings are exemplified by: (1) Extensive advertising, sales promotions and marketing. (2) Demands from each and every individual for all products. (3) Potential buyers willing to reimburse and potential
The resources of a firm in the long run which has consistently suffered economic losses are probably to: (i) move into a more profitable industry. (ii) share losses equal to the firm’s fixed costs. (iii) be merged into a firm along with better m
To economists, the noun ‘market’ signifies to: (1) The geographic place where many products are sold. (2) Any institution which enables sellers and buyers to strike bargains. (3) The New York Stock Exchange. (4) Selling goods and resources or stocks and bo
In this illustrated figure in below the only purely competitive firm currently generating economic profit is in: (w) Firm A. (x) Firm B. (y) Firm C. (z) Firm D. Q : Marginal revenue-product of the labor The monopsonist will hire labor till labor's marginal resource cost equivalents the: (p) The value of average product of labor. (q) Price of labor. (r) Marginal revenue product of labor. (s) Marginal physical product. Choose the ri
The monopsonist will hire labor till labor's marginal resource cost equivalents the: (p) The value of average product of labor. (q) Price of labor. (r) Marginal revenue product of labor. (s) Marginal physical product. Choose the ri
If $4 is Firm B's profit-maximizing price, its: A) ATC must be $4. B) MC must be $4. C) MR must be $4. D) MC must be zero. Help me to get
In this figure the firm probably to go out of business the soonest would be as: (w) Firm A. (x) Firm B. (y) Firm C. (z) Firm D. Q : Tax cutting affect the economy How does How does tax cuts affect the economy?
How does tax cuts affect the economy?
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