When managers in oligopolistic firms make decisions that affect output or price, they must
A) also be sure they erect barriers to entry to prevent new entrants from affecting their plans.
B) anticipate the reactions of their rivals and plan accordingly.
C) register with the Antitrust Division of the Department of Justice.
D) inform the regulators of their industry about their plans.
B
Economics
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Antitrust laws in other countries are weak in comparison to U.S. antitrust laws
a. True b. False Indicate whether the statement is true or false
Economics
One justification for the creation of a federal level of government is:
A. greater responsiveness to the will of the voters. B. to encourage local diversity in the types of public goods provided. C. economies of scale in the provision of military defense. D. the ability to deficit spend.
Economics