Which of the following is NOT true of the industrial organization IO) economics model?
a. Industry structure determines firm conduct strategy), which determines firm performance.
b. Original goal - help regulators set policy to minimize the ability of firms to earn excess profits.
c. Strategists use the IO model to try to earn above-average returns excess profits).
d. All of the above are NOT true.
e. All of the above ARE true.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is NOT true of the industrial organization IO) economics model?
a. Industry structure determines firm conduct strategy), which determines firm performance.
b. Original goal - help regulators set policy to minimize the ability of firms to earn excess profits.
c. Strategists use the IO model to try to earn above-average returns excess profits).
d. All of the above are NOT true.
e. All of the above ARE true.

Which of the Following Is NOT True of the Industrial