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Tidy Tidy
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Posts: 4852
9 years ago
Consider the following characteristics:
a.   a market structure with barriers to entry
b.   demand curves that are easily identified
c.   firm cannot make zero profits in the long run
d.   firm can reap long run profits.

Which of the characteristics in the list above is shared by an oligopolist and a monopolist?
A) a, b, c and d
B) a, b and d
C) a, c, and d
D) a and d
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 286 times
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VincenzoDVincenzoD
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9 years ago
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