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.
Can someone help me in finding out the right answer from the given options. The craft unions historically tried to systematize all the workers in: (1) A specific company, in spite of size. (2) The United States. (3) The specific broad industry. (4) Relatively highly s
Explain the term Oligopoly? Also explain its Characteristics?
When line 0C0' shows the 1975 U.S. income distribution, in that case the 2005 income distribution would most likely be most probable: (1) line 0A0'. (2) line 0B0'. (3) line 0C0'. (4) line 0D0'. (5) line 0E0'.
Whenever the marginal utility of a good becomes negative or zero: (i) Goods are transformed to the bads. (ii) Net utility reaches the maximum and then declines. (iii) The maximum total advantages have been squeezed from good. (iv) People are unwilling
The model which examines the limits to bargaining among a powerful firm confronted by the powerful union is: (1) Bilateral monopoly model. (2) Pure monopsony model. (3) Convergence model. (4) Featherbedding model. (5) Keynesian cross model. Q : Operate market by economies of scale When a firm experiences economies of scale which span the bulk of demand in the market, in that case the market which this operates within will tend to: (i) evolve into a monopoly. (ii) become inefficient before this gets extremely large. (iii) seldom
When a firm experiences economies of scale which span the bulk of demand in the market, in that case the market which this operates within will tend to: (i) evolve into a monopoly. (ii) become inefficient before this gets extremely large. (iii) seldom
Resources tend to flow toward industries in the long run along with: (w) lower profits for typical firms. (x) more profit for typical firms. (y) lower payments to most resource owners. (z) more stable rates of technological change. Q : Graphical explanation of production The production possibilities frontier graphically demonstrates the: (i) Production limitations which confront the society. (ii) Benefits inherent in the capitalistic economy. (iii) Social selections available if technology is boundless. (iv) Structura
The production possibilities frontier graphically demonstrates the: (i) Production limitations which confront the society. (ii) Benefits inherent in the capitalistic economy. (iii) Social selections available if technology is boundless. (iv) Structura
The Square-Wheeled Locomotive, the last passenger train to Flatland, Iowa, wants more total revenue. When passengers’ demands for tickets are comparatively price elastic, in that case the railroad must: (1) raise the price, but lower this when d
Critics of contribution standard of the income distribution often: (w) cite inequality as evidence of inequity. (x) assert which private individuals must not be capable to accumulate any assets. (y) believe charitable giving should be
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