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ivolga24 [154]
4 years ago
8

Suppose an oligopolistic producer assumes its rivals will ignore a price increase but match a price cut. In this case the firm p

erceives its:
A) demand curve as being of unit elasticity throughout.
B) supply curve as kinked, being steeper below the going price than above.
C) demand curve as kinked, being steeper below the going price than above.
D) demand curve as kinked, being steeper above the going price than below
Business
1 answer:
andreyandreev [35.5K]4 years ago
6 0

Answer: C) demand curve as kinked, being steeper below the going price than above.

Explanation:

For an oligopolistic producer, who assumes that its rival would ignore a price increase but match a price cut, the perception of the firm about it demand curve is that it would be kinked, being steeper below the going price than above.

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Answer:

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Explanation:

Based on the information provided within the question these folders are called Press Kits, or in a business context known as Media Kits. Like mentioned in the question these provide the journalists or media outlets all the information that they may need to know on the product, service, or company, in order for them to discuss this or promote the material that is within the brochures.

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3 years ago
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Answer:

a. ​an express warranty.

Explanation:

An express warranty -

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3 years ago
Exhibit 9-1 Refer to Exhibit 9-1. If the economy is self-regulating, the price level is:_________.
victus00 [196]

Answer: b) lower in long-run equilibrium than in short-run equilibrium.

Explanation:

A self regulating economy will try to move to the long run Equilibrium.

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This means that Prices in the long term at equilibrium will be less than prices in the short term at Equilibrium should the Economy be a self regulating type that will move towards a long term Equilibrium.

5 0
4 years ago
If the U.S. nominal exchange rate declines and prices rise faster abroad than in the United States, the real exchange rate: a. d
motikmotik

Answer:

b

Explanation:

nominal exchange rate is the rate at which one currency is exchanged for another currency. this rate included the inflation rate

real exchange rate is exchange rate adjusted for inflation

net export = export - import

if the nominal exchange rate declines it means that the value of the us dollar declines

if inflation is higher abroad than in the US, the value of the US dollar ought to increase. Because it the exchange rate decreases, it means that real exchange rate has also decreased.

Foriegn goods would become more expensive and export would increase

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3 years ago
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