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pippi713713 pippi713713
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6 years ago
Why is it difficult for an oligopolist to determine its profit-maximizing price and output?

QUESTION 2

Risk-averse people cut their risks by:
 a. diversifying their wealth into physical assets.
  b. investing their wealth into similar kinds of assets.
  c. investing their wealth only in risk-free assets.
  d. diversifying their wealth into different assets.

QUESTION 3

In the 1990s, business organizations were
 A) flattened.
  B) turned inside out.
  C) formed into horizontal structures.
  D) all of these choices.

QUESTION 4

In an oligopoly, which strategy - collusion or competition - resembles the choice of remaining silent in a prisoners' dilemma? Why?

QUESTION 5

Independent workers using specialized capital save the costs of contracting but risk:
 a. generalization.
  b. opportunism.
  c. inefficiency.
  d. over-utilization.
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siwarsiwar
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6 years ago
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pippi713713 Author
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6 years ago
Brilliant ツ
Lawson1981
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This site is awesome
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