Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
johnnyappleseed johnnyappleseed
wrote...
Go to Answer
Posts: 127
Rep: 0 0
6 months ago

Interdependence implies that each firm in an industry



▸

is independent of one another and are essentially price takers.



▸

is aware that its actions influence the others and that the actions of the other firms affect it.



▸

is so large and powerful that they do not need to consider how their actions will affect their rivals.



▸

must depend on the other firms to maintain consumers' interest in their "mutual" product.

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 32 times
1 Reply
Replies
Answer verified by a subject expert
bolusmachinebolusmachine
wrote...
#1
Posts: 119
Rep: 0 0
6 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

johnnyappleseed Author
wrote...

6 months ago
Good timing, thanks!
spaghetti
wrote...

Yesterday
Thanks for your help!!
apelton
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1252 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 311
  
 259
  
 129
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Does a gender wage gap exist in America?