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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
In the model of a dominant firm with a competitive fringe
A) the price is lower than the price would be if the competitive fringe were the only suppliers.
B) there is one dominant firm that has a cost advantage over other firms.
C) the dominant firm has no control over the quantity of output of other producers.
D) all of the above
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kingbykingby
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#1
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Posts: 3218
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7 years ago
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#2
7 years ago
I compared your answer with a buddy, and it matches

Thanks
wrote...
#3
7 years ago
Great! Now we can move on to the next one
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