These answers are not correct, I dont know if they are correct or not, I mostly
ID: 1091931 • Letter: T
Question
These answers are not correct, I dont know if they are correct or not, I mostly guessed them. please give me the right one. please check my other questions.
Non-price competition is more prevalent in an oligopoly when there is (are): a Nash equilibrium, tacit collusion. complex products. no product differentiations. The term imperfect competition is used to refer to both oligopoly and monopolistic competition. False True The Herfindahl-Hirschman index is a measure of concentration found by squaring the percentage market share of each firm in the industry and then summing the squared market shares, squaring the percentage market share of each firm in the industry. squaring the sums of the concentration ratios found in an industry survey of the largest four and largest eight firms, summing the percentage market shares of each firm in the industry. A Nash equilibrium results when each player chooses the action that maximizes his or her payoff given the actions of other player False True A strategy of tit-for-tat involves playing cooperatively at first, then doing whatever the other player did the previous period. True False Until 1890, trusts in which firms within an industry agreed to limit production and raise prices were legal in the United States. True FalseExplanation / Answer
its all answer are correct i cheked....so continu....
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