The graph shown here is that of
A. either a colluding oligopolist or an oligopolist engaged in cut-throat competition.
B. neither a cut-throat oligopolist nor a colluding oligopolist.
C. a cut-throat oligopolist.
D. a colluding oligopolist.
C. a cut-throat oligopolist.
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An increase in the interest rate in the United States compared to the interest rate in Great Britain will
A) increase the U.S. interest rate differential. B) increase the demand for pounds. C) shift the demand curve for dollars rightward. D) Both answers A and C are correct.
The total sum of squares is 400 and the sum of squares errors is 100, what is the coefficient of determination?
A) 25 B) 0.75 C) 1.00 D) 0
If a bank has $1 million in demand deposits, $350,000 in reserves, and faces a 30 percent reserve requirement, the amount of money that a bank could initially create by loaning out their excess reserves is: a. $50,000
b. $300,000. c. $350,000. d. $700,000.
Assume that foreign capital flows from a nation increase due to political uncertainly and increased risk. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the reserves account and monetary base in the context of the Three-Sector-Model? a. The reserves account falls and monetary base falls
b. The reserves account rises and monetary base falls. c. The reserves account and monetary base remain the same. d. There is not enough information to determine what happens to these two macroeconomic variables.