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Loraine Loraine
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Posts: 4563
8 years ago
Firms in oligopoly can achieve an economic profit
A) always in the long run.
B) if they cooperate.
C) only if the demand for their products is inelastic.
D) only if the demand for their products is elastic.
E) if they reach the non-cooperative equilibrium.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 145 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Loraine Author
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8 years ago
Thanks
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Yesterday
Smart ... Thanks!
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2 hours ago
This helped my grade so much Perfect
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