Tight oligopoly market reap higher profits

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Q1. Would you expect firms in a tight oligopoly market reap higher profits than firms in a loose oligopoly market? Would it matter if the markets were contestable?

Q2. Suppose that you currently have $2000 deposited in a savings account that earns 1.25% interest. Around, how several years must you wait before you have $4000?

Q3. In which year would you suppose a crop share lease to be cheaper compared to a cash lease?

Reference no: EM137046

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