In a Cournot oligopoly, the ________ firms in the market, the ________ the equilibrium quantity and the ________ the equilibrium price.

A) less; larger; lower
B) less; smaller; lower
C) more; larger; lower
D) more; smaller; higher


C) more; larger; lower

Economics

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Fill in the blank: Firms under perfect competition would enjoy ________ market power

A) absolutely no B) some C) much D) total

Economics

The developing area receiving the largest share of direct foreign investment is

(a) Africa. (b) Asia. (c) Latin America. (d) Transition economies.

Economics

If the required reserve ratio is .10, demand deposits are $200 million, and total reserves are $40 million, then excess reserves are

A) $20 million. B) $40 million. C) $400 million. D) $2,000 million.

Economics

On which of the following assets are you most likely to earn interest income?

A. Cash and currency B. Checkable deposits C. Money market deposit accounts D. Gold and other precious metals E. All of these responses are correct.

Economics