ECON 148 Lecture 17: ECON 148 LEC 17

17 views2 pages

30 Jun 2018

School

Department

Course

Professor

For unlimited access to Class Notes, a Class+ subscription is required.

Scanned with CamScanner

Unlock document

This preview shows half of the first page of the document.
Unlock all 2 pages and 3 million more documents.

Already have an account? Log in

In the Salop's Model, the equilibrium number of firms is?

A. decreasing with fixed costs and decreasing with transportation costs

B. increasing with fixed costs and decreasing with transportation costs

C. increasing with fixed costs and increasing with transportation costs

D. decreasing with fixed costs and increasing with transportation costs

The "efficient frontier" indicates:

A) alternatives with neutral combinations of risk and return

B) alternatives with the highest returns

C) alternatives with the best combination of risk and return

D) alternatives with no risk

The "efficient frontier" indicates:

A) alternatives with neutral combinations of risk and return

B) alternatives with the highest returns

C) alternatives with the best combination of risk and return

D) alternatives with no risk

Get access