In an oligopoly, firms:
a. have no influence over price regardless of whether or not the pro...
In an oligopoly, firms:
a. have no influence over price regardless of whether or not the product is differentiated or standardized.
b. by virtue of their size, are able to influence price regardless of whether or not the product is differentiated or standardized.
c. are able to influence price only if the oligopolist's products are standardized.
d. are able to influence price only if the oligopolist's products are differentiated.
Answers: 3
Business, 22.06.2019 10:20, christianconklin22
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
Answers: 3
Business, 22.06.2019 18:00, theflash077
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
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