EC249 Study Guide - Final Guide: Singapore International Monetary Exchange, Chicago Mercantile Exchange, Eurodollar
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b) There are only a few companies in the industry c) These industries offer only few products d) None of the above |
b) A large amount of advertising occurs c) Price will be higher than in other market structure d) None of the above |
b) an experience good c) a homogenous good d) None of the above |
b) Brand name c) Warranties d) All of the above e) None of the above |
False |
b) 12 c) 8 d) 10 e) None of the above |
False |
b) 50% c) 72% d) None of the above |
b) 42% c) 33% d) 38% e) None of the above |
False |
False |
False |
b) No c) Not enough information |
False |
False |
b) is violating the law c) Can charge different price to customers |
b) It is justified economically |
b) rigidities observed in prices in oligopolistic industries c) fluctuations observed in prices in oligopolistic industries d) all of the above e) none of the above |
b) average profit c) marginal profit d) marginal cost e)marginal revenue |
b) size and frequency of orders c) product heterogeneity d) a and b only e) a, b, and c |