Oligopolists
a. are price takers.
b. rarely advertise.
c. must take rivals' reactions into account.
d. offer homogeneous products.
c
Economics
You might also like to view...
Public goods are ________ in consumption
A) excludable but non-rival B) non-excludable and non-rival C) rival but non-excludable D) excludable and rival
Economics
When calculating the compensation of employees part of GDP
A) Social Security contributions must be included. B) fringe benefits are not included. C) taxes withheld on earnings are not included. D) the value of vacation time must be included.
Economics