All of the following are strategies a firm with market power can adopt to increase it profits over time except:
A) mergers with, and acquisitions of, competing firms.
B) erecting barriers to entry.
C) setting price equal to the marginal costs of production.
D) influencing the regulatory process.
C
Economics
You might also like to view...
Basis may decrease if
A. a large capacity train terminal is built by CGB. B. a drought resulted in a short local crop. C. a large local ethanol plants closes. D. All of the above.
Economics
Economist A believes that if tax rates are cut, tax revenue is likely to rise. This economist most likely believes that the percentage decrease in tax rates will ______________________________ percentage rise in the tax base
A) be larger than the resulting B) be equal to the resulting C) be smaller than the resulting D) occur long after the E) a and d
Economics