What is Oligopoly, explain in brief
What is Oligopoly? Explain in brief.
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Oligopoly is a situation wherein there are so only some sellers which each of them is conscious of the results on the price of the supply. It is the individually places on the market. In words of J .Stigler `Oligopoly is that situation wherein a firm bases its market policy in part upon the expected behavior of some close revels. Additionally, they may produce homogeneous or differentiated products.
Explain the reasons for demand curve slopes downward.
Illustrates the ways in managerial economics bridges between real business practices and traditional economic theory?
Demand for labor of this purely competitive firm in given figure corresponds to: (1) line segment ab. (2) line segment bd. (3) line segment be (4) line segment df. (5) line segment dg. Q : Advantages and disadvantages of Survey What are the advantages and disadvantages of survey techniques?
What are the advantages and disadvantages of survey techniques?
The value of marginal product of a variable resource is marginal physical product of it multiplied with: (w) the marginal revenue from the sale of its addition to output. (x) its cost. (y) the price of the product. (z) one.
Why is wealth definition of economics criticized?
Illustrates the Modern Definition?
Please help me to solve the problem of economic that is given below: Economic capital would comprise: (w) corporate bonds. (x) money. (y) machinery. (z) sports cars. Can someone
What are the main features of managerial economics?
Decreases in derived demands are best demonstrated while: (1) illegal aliens reduce equilibrium wage rates for unskilled workers. (2) swim suit sales plummet at the ends of summer vacations. (3) undocumented construction workers begin leaving the Unit
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