Figure 12-3 -Oligopolist a Cuts Price in an Attempt to Enlarge His

question 156

Multiple Choice

Figure 12-3

-Oligopolist A cuts price in an attempt to enlarge his share of the market.His competitors retaliate with identical price cuts.In this case, in Figure 12-3, oligopolist A will move from point A to which point?

• A)B
• B)C
• C)D

---

Definitions:

Organizations

Groups of people structured in a systematic manner to meet a common goal or set of goals, such as corporations, non-profits, or governments.

Whistle-Blowing

Disclosure of illegitimate practices by a current or former organizational member to some person or organization that may be able to take action to correct these practices.

Traditionally

In a way that conforms to long-established norms, values, or customs.

Personality Traits

Enduring characteristics that describe an individual's behavior, attitudes, and emotions, significantly influencing how they interact with the world.