Despite differences in cost of production the oligopolists win not vary the prices of their products as per which combination of the following models?
1. Collusion model
2. Cournot's model
3. Kinked Demand model
4. Price Leadership model
Select the correct option:
A. Both 1 and 2
B. Both 3 and 4
C. Both 1 and 4
D. 1, 2 and 3
Answer: Option C
This Question Belongs to Management >> Managerial Economics
Related Questions on Managerial Economics
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
C. Capital Management
D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis
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