Question
In an oligopoly, firms consider the reactions of rival
firms before changing their output or price. This is known as:Solution
Solution: Oligopoly markets are characterized by few large firms, so each firm’s decisions affect others. Because of this, firms anticipate reactions of rivals before making pricing or output decisions. This behavior is called strategic interdependence. Price leadership and collusion are specific strategies within oligopoly.
Who among the following persons is/ are living in Flat A?
I) A
II) B
III) H
IV) F
If Daniel is related to ITC - Brown in the same way as Mathew is related to Airtel - Purple . Following the same pattern, find out James is related to w...
Four of the following five are alike in a certain way and so form a group. Which is the one that one doesn’t belong to that group?
How many persons live between V and W?
Who among the following lives two floors above the floor on which B lives in the same flat?
How many persons are celebrating between F and the one who works in Tech Mahindra?
What is the difference between the floor number of A and Z?
How many floor gap is there between H and the one who likes Apple?
Statements:
P = T < U; Y ≥ P < R; X ≤ Y > Z
Conclusions:
I. R < U
II. Y > T
At which of the following exam centre E appears for exam?