Question

Question 15 (1 point) facilitates joint profit maximization for the oligopoly. Entry barrier Switching costs Collusion Externalities Question 16 (1 point) Which of the following would have the lowest switching costs? a customer ordering from Papa John's instead Pizza Hut an individual getting rid of a PS4 game system and beginning to use an XBOX One system a company changing from a standard QWERTY computer keyboard to a keyboard with a different format

pretty sure I know these but would like to know I am right

Answer 1

15. Collusion facilitates joint profit maximization for the oligopoly. Hence, option(C) is correct.

16. A customer ordering from Papa John's instead of Pizza hut have the lowest switching costs. Hence, option(A) is correct.