If two firms doing the same thing in the same industry join together, this is known as a ?

Related Mcqs:

Suppose there is an increase in the both the supply and demand for personal computers Further, suppose the supply of personal computer increase more than demand for personal computers In the market for personal computers i the market for personal computers, we would expect ?

A. the change in the equilibrium quantity to be ambiguous and the equilibrium price to fall. B. the equilibrium quantity to rise and the equilibrium price to rise C. the equilibrium quantity to rise and the change in the equilibrium price to be ambiguous D. the equilibrium quantity to rise and the equilibrium price to … Suppose there is an increase in the both the supply and demand for personal computers Further, suppose the supply of personal computer increase more...

Nationalisation occurs when ?

A. The government sells assets to a the private sector B. The government bans a product C. The government takes control of an industry D. The government taxes a product to a raise its price...

An allocation is Pareto-efficient if no reallocation of resources would make some people _______ without making others ________?

A. worse off; worse off B. better off; better off C. better off; worse off D. equal, unequal...

A positive externality occurs when ?

A. The social marginal costs are higher than the private marginals costs B. A product is not provided in the free market C. The social marginal cost equal the social marginal benefit D. The social marginal benefits are higher than the private marginal benefits...

In Nash equilibrium each player chooses the best strategy ?

A. Assuming other players move first B. dominated by the other players C. given the strategies of other players D. that is a credible threat...