Education homework help
Education homework help. Can someone check my answer . I choose C, A,D ,A AND AThe demand for labor is described as a derived demand becasuea.it is derived by government institutions which rely on labor markets for the purpose of raising tax revenueb.it is derived by producers seeking to make profits by starting new businessesc.it is dervied from the demand for productsd.it is dervied by workers seeking to earn income to fund the consumption of goods and servicesCollusion between two firms occurs whena.firms explicitly or implicitly agree to adopt a uniform buisness strategyb.firms act in ways to bring about the economically efficient outcomec.firms independently pursue startegies that could hurt each otherd.firms ignore each otherA dominant strategya.involves colluding with rivals to maximize profitsb.is one that a firm is forced into following by government policyc.involves deciding what to do after all rivals have chosen their strategiesd.is one that is best for the firm, no matter what strategies other firms useA characteristic found only in oligopolies isa.interdependence of firmsb.independence of firmsc.break even level of profitsd.products that are slightly differentWhich of the following most closely represents the conditions of monopolistic competition?a.the restaurant industry, which is characterized by many firms producing differentiated products with free entry and exitb.a cable television service, where a licensed supplier provides service to a local communityc.the market for grade A milk, which is characterized by many firms producing an identical productd.the market for jumbo jets, where one major domestic firm competes with one major foreign firm
