The term “oligopoly” refers to an industry where there are only a small number of firms operating. In an oligopoly, no single firm enjoys a large amount ofmarket power. Thus, no single firm is able to raise its prices above the price that would exist under a perfect competition scenario...
Oligopoly is a market structure that is characterized by a ___ number of ___ firms that produce ___ products.A.large;relativelysmallandindependent;identicalB.small;independent;identicalordifferentiatedC.large;relativelysmallandindependent;different
百度试题 题目Oligopoly is an industry composed of a ___number of large firms.? limitedlargereasonable big 相关知识点: 试题来源: 解析 limited 反馈 收藏
百度试题 题目Oligopoly is an industry composed of a ___number of large firms.? largereasonable limitedbig 相关知识点: 试题来源: 解析 limited 反馈 收藏
百度试题 题目Oligopoly is an industry composed of a ___number of large firms.? bigreasonable largelimited 相关知识点: 试题来源: 解析 limited 反馈 收藏
•Manyfirmssellingproductsthataresimilarbutnotidentical.•许多企业出售类似的但并不相同的产品。Figure1TheFourTypesofMarketStructure NumberofFirms?ManyfirmsTypeofProducts?Onefirm Fewfirms Differentiatedproducts Identicalproducts Monopoly(Chapter7)Oligopoly(Chapter9)MonopolisticCompetition(Chapter8)•Novels•...
nor the purely competitive firm must consider how alternative actions by rival firms will affect its own revenue possibilities—the monopolist has no rivals and the competitive firm has so many that it can ignore any one of them. Oligopolists not only have rivals, but they have so few of ...
An oligopoly is a type ofmarketstructure in which a small number of firms control the market. Where oligopolies exists, producers can indirectly or directly restrict output or prices to achieve higher returns. A key characteristic of an oligopoly is that no one firm can keep the others from ha...
17、ht 2004 South-WesternGAME THEORY AND THE ECONOMICS OF COOPERATION Because the number of firms in an oligopolistic market is small, each firm must act strategically. Each firm knows that its profit depends not only on how much it produces but also on how much the other firms produce.Copyr...
结果1 题目 Because the cost of starting a business in an oligopoly is usually ___, the number of firms entering it is ___. A. low / high B. high / low C. high / high D. low / low 相关知识点: 试题来源: 解析 B 反馈 收藏 ...