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Some analysts consider oligopolies to be potentially less efficient than monopoly firms because at least monopoly firms tend to be regulated. Arguments in favor of a more benign view of oligopolies include: Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. 2 Oligopolies are self-regulating. ? Oligopolies may engage in limit pricing to keep out potential entrants. ? Oligopolies can be kept in line by foreign competition. 2 Oligopolistic industries may promote technological progress.

Some analysts consider oligopolies to be potentially less efficient than monopoly firms because at least monopoly firms tend to be regulated. Arguments in favor of a more benign view of oligopolies include: Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. 2 Oligopolies are self-regulating. ? Oligopolies may engage in limit pricing to keep out potential entrants. ? Oligopolies can be kept in line by foreign competition. 2 Oligopolistic industries may promote technological progress.

Micro Economics For Today
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter10: Monopolistic Competition And Oligoply
Section: Chapter Questions
Problem 9SQ
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Some analysts consider oligopolies to be potentially less efficient than monopoly firms because at least monopoly firms tend to be regulated. Arguments in favor of a more benign view of oligopolies include: Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. ? Oligopolies are self-regulating. 2 Oligopolies may engage in limit pricing to keep out potential entrants. ? Oligopolies can be kept in line by foreign competition. ? Oligopolistic industries may promote technological progress.
Transcribed Image Text:Some analysts consider oligopolies to be potentially less efficient than monopoly firms because at least monopoly firms tend to be regulated. Arguments in favor of a more benign view of oligopolies include: Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. ? Oligopolies are self-regulating. 2 Oligopolies may engage in limit pricing to keep out potential entrants. ? Oligopolies can be kept in line by foreign competition. ? Oligopolistic industries may promote technological progress.
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