The two firms were joined up to ______ competition.
A: reduce
B: refute
C: refuse
D: regain
A: reduce
B: refute
C: refuse
D: regain
举一反三
- My uncle, as well as his three children, ______ the competition. A: have joined B: have joined in C: has joined in D: has been joined in
- In Bertrand competition between two firms, each firm believes that if it changes its output, the rival firm will change its output by the same amount.
- Before presenting the college’s Athlete of the Year Award, the athletic director made a point of praising the two athletes who were runners up in this year’s competition. According to your textbook, was this choice appropriate for a speech of presentation?
- He started to sing the song and we all_________. A: joined up B: joined in C: joined after D: joined on
- Select the statement that distinguishes monopolistic competition from perfect competition. A: No barriers to entry/exist in monopolistic competition. B: A firm in monopolistic competition can set its own price and output. C: A firm in monopolistic competition makes zero economic profit in the long run. D: Close substitutes are available in monopolistic competition.