Question

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Luciana Pinheiro Barle 31 failed logins since your ast o the temptation to cheat. Question 17 In tacit collusion, price visibility the cost of cheating and Not yet answered Select one: Points out of 1.00 A. decreases; decreases P Flag question O B. increases: increases C. decreases: increases D. increases; decreases A monopolistically competitive firm's demand curve is Ovestion 18 Not yet answered Select one: Points out of 1.00 A upward sloping P Fag question B. horizontali C. vertical D. downward sloping

Answer 1

Q17. Option a. Price visibility increases transparency and hence it decreases the cost of cheating and opportunity to cheat

Q18. Option d. Because of the pricing power, the demand curve is downward sloping

Q19. Option C. It is the difference between price and marginal cost

Q20. Option B. As it leads to monopoly and exploitation of consumers