Economic Quiz

Hi, I have a 100 question take home test and I never bought the text book so yea...

The class is college level: Microeconomics

1) One of the strongest reasons that oligopolies exist is due to:

-lowest cost production
-marginal cost pricing
-economies of scale
-the homogeneity of their products

2) According to game theorists, a cartel of several firms is an example of a(n)
-cooperative game
-uncooperative game
-zero-sum game
-noncooperative game

3) When oligopolistic firms in an industry from a cartel, then it is most likely that:
-both industry output and prices will decrease
-industry output will decrease while prices will increase
-industry output will increase while prices will decrease
-both industry output and prices will increase

4) Positive market feedback refers to a tendency for:
-price leaders to respond to an increase in market demand by increasing the prices of their products
-a particular product to come into favor with additional consumers because other consumers have chosen to purchaser the product
-potential entrants to an oligopolistic industry to respond to entry deterrence strategies by contemplating setting their prices above prices established by firms already in the industry
-potential entrants to an oligopolistic industry to respond to entry deterrence strategies by contemplating producing more output than the quantities produced by firms already in the industry

...heh only wrote four got to tired from writing..

These 100 questions I have due is not due until next tuesday. I am willing to pay anyone like 10 bucks to do all this for me! If there is a way for me to like fax my test to you!!!


Thanks in advice if anyone can answer these 4 questions =)