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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Economic Polices
collusin is rare in oiligopoly industries because the dominant has nothing to gain from rival ?
price leadership in oiligopoly occurs where one firm sets a price for the product and other firms are not allowed to charge more than this true or flase ?
oligopolies are likely to occur when the significant barrier to entry?
if there are large economic of scale a monopoly industry may produce more output and charge lower price than does a perfectly competiitve industry true or flase ?
a discrimating monopolist can charge diffrent prices only if price elasticity demand in each market is diffrent true or flase ?
excess profit may presist in oiligopolies even in the long run true or flase ?
collusion is rare oiligpoly because the dominant companies has nothing to gain from rivals true or false ?
We do ot answer endless series of similar 8questions. Do your own research.
This all seems more than needed for AB.