--%>

Market structure of oligopoly firm

Assume that a firm is conscious which rival firms will adjust to counter any changes in the firm’s policies and accordingly, the firm behaves strategically while this sets prices, terms to customers or output levels. That a firm is operating in a market structure of: (1) monopolistic competition. (2) pure competition. (3) oligopoly. (4) perfect competition. (5) pure monopoly.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Bonds and Market Interest Rates

    Increases within market interest rates are probably to be related with: (1) people’s increasing desires for vast “nest eggs” for security while they retire. (2) bursting a speculative bubble into prices for hi-tech stocks. (3) increa

  • Q : Problem on bonds and interest rate The

    The _______ price for a lately issued bond signifies that the firm issuing the bond is paying the _______ interest rate to borrow the funds. (1) Lower; lower. (2) Lower; higher. (3) Higher; higher. (4) None of the above. The interest rate is fixed.

    Q : Uniting individual sellers of labor Can

    Can someone help me in finding out the right answer from the given options. Economically, the labor unions can be thought of as: (1) Motivating competition between workers for jobs. (2) Raising the flexibility of the nominal wages. (3) Attempts to cartelize and unite

  • Q : Normal accounting profit The only

    The only profit earned within the long run through a purely competitive firm is of: (w) normal accounting profit. (x) offset by short term losses. (y) created by exceptionally astute managers. (z) unrelated to its opportunity costs.

    Q : Law of demand Describe the law of

    Describe the law of demand with help of a schedule diagram? Answer: The Law of demand states that there is an inverse relationship among the price of a commodity an

  • Q : Difference between Collusive and

    Difference between collusive and non-collusive oligopoly. Elucidate how oligopoly firms are interdependent in taking price and output decisions.

  • Q : Help For a monopsonist in the labor

    For a monopsonist in the labor market, the marginal resource cost of labor is:

  • Q : Lacking of competition-product market

    Can someone help me in finding out the right answer from the given options? The lack of competition in the product market outcomes in: (p) Less labor being appointed than if the markets were competitive. (q) More labor being hired than if the markets were competitive.

  • Q : Idea of low price elasticity of demand

    Purposes for the very low price elasticity of demand for salt do not comprise the fact such that this: (w) has few good substitutes. (x) is currently relatively low priced. (y) absorbs only small percentages of most household budgets. (z) is sodium ch

  • Q : Low-income elasticities of demand

    Placing an excise tax upon goods along with low-income elasticities of demand will share out the tax burden as: (1) proportionally between high-income and low-income households. (2) disproportionately on high-income households. (3) disproportionately