assignment
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QUESTION 3
Check anniversary of the afterward that administer to oligopolies.?
MR ambit will breach into two segments because of the kinked appeal curve
firms will be assured of common amount changes and added antagonism in adjustment to accomplish an accepted return
Firms that crave a ample basic advance benefit
there is neither government ascendancy nor efficiency
QUESTION 4
Check all the afterward that are accurate ?
.Oligopolies accept a altogether adaptable appeal curve
Oligopolies accept an adaptable appeal aloft the prevailing price
Oligopolies accept an breakable demand below the prevailing price
the prevailing cartel amount is at the circle of the adaptable and breakable portions of the kinked appeal curve
QUESTION 9
Check anniversary of the afterward that are characteristics of monopolies.?
P = AR = MR = D
economies of scale
ownership of essential
resourcesselling an identical product
legal and alternative barriers to entry
price takers
price setters
QUESTION 11
Check all of the afterward that actuate the animation of appeal for monopolistic producers?
.the incomes of consumers
demand for the different articles awash by monopolies
the cardinal of aggressive firms affairs agnate products
customer acumen of the affinity or character for the artefact or service.
QUESTION 12
Check anniversary of the afterward that characterizes oligopolies.?
ownership of raw abstracts by one firm
government restrictions may abide on the cardinal of producers
advertising is not important
economies of calibration bind the cardinal of producers
unique products
ownership of raw abstracts by a few firms
QUESTION 17
Check all of the afterward that administer to oligopolies?
.with an breakable appeal and a amount decrease, absolute acquirement will decline.
the appeal ambit is breakable aloft the prevailing amount because alternative firms do not chase the amount access and buyers acquirement from the lower-priced competitors
firm that raises its amount aloft the prevailing amount has a abatement in absolute revenue
the appeal beneath the prevailing amount is breakable because firms will be affected to chase a amount decrease and therefore, no distinct close will account from lower prices.
QUESTION 32
Check anniversary of the afterward that may abide in oligopolies and monopolistic antagonism back compared to authentic competition.?
increased efficiency
higher costs
less efficiency
more achievement than authentic competition
lower achievement than authentic competition
lower costs to consumers
QUESTION 34
Check anniversary of the afterward that may advance to arbitrary antagonism aural monopoly?
.dumping
economies of actuality established
reciprocation agreements
ownership of capital resources
QUESTION 42
Check anniversary of the afterward that call Monopolistic Competition?
.identical products
product differentiation
non-price competition
significant barriers to access and exit
a baby (handfull) of aggressive firms
many firms competing
price taking
QUESTION 43
Check anniversary of the afterward that after-effects in college costs for monopolistic competitors?
.more chump services
a different atmosphere
varied customer choices
QUESTION 46
Which of the 4 bazaar structures accept at atomic some bazaar power? (check all that apply)
pure competition
monopolistic competition
oligopoly
monopoly
QUESTION 47
Farming articles generally fit into which of the 4 bazaar structures?
Monopoly
Monopolistic competition
oligopoly
Pure competition
QUESTION 50
(Check anniversary of the actual answers) Game approach suggests that firms in oligopoly:?
would abide alms a low amount because alternative firms would bout the amount and their advantage would no best exist.
would abide alms a aerial amount because beneath buyers would acquirement from that firm
should accept to abet with alternative sellers in advancement the amount aural a "moderate" zone
will seek to "gouge" their barter by charging the accomplished accessible prices
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