Hi Can you please help me to answer these questions? I am thinking these are right anwers 1 A 2 B 3 D


decreases the demand faced by that firm

4. Oligopolies often create:

A. productive efficiency.

B. allocative efficiency.

C. welfare loss.

D. None of these

E. All of these

5. Current anti-trust legislation limits:

A. only vertical mergers.

B. only horizontal mergers.

C. both vertical and horizontal mergers.

D. only monopolies.

E. both monopolies and monopolistic competitors.