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2 years ago

Which benefit is shared by both monopolies and oligopolies?

Business

1 answer:

11Alexandr11 [23.1K]2 years ago

7 0

Answer:

They have access to enough capital to operate in high cost industries

Explanation:

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On a certain day, Tim invested $1,000 at 10 percent annual interest, compounded annually, and Lana invested $2,000 at 5 percent

just olya [345]

Answer:

Explanation:

The value of investment after two years of investment by Tim can be calculate using the following formula:

Value of investment= P(1+i)^n

n=number of years=2

i=annual interest=10%

P= amount invested by Tim initially=$1,000

value of investment=1,000(1+10%)^2

=1,000(1.21)

=1,210

Interest earned by tim over the two years=1,210-1,000=210

The value of investment after two years of investment by Lana can be calculate using the following formula:

Value of investment= P(1+i)^n

n=number of years=2

i=annual interest=5%

P= amount invested by Lana initially=$2,000

value of investment=2,000(1+5%)^2

=1,000(1.1025)

=2,205

Interest earned by Lana over the two years=2,205-2,000=205

Excess interest earned by Tim over Lana=210-205=$5

4 0

3 years ago

Sales of watches among teenagers and twenty-somethings are declining rapidly as this age group uses cellphones, iPods, and other

____ [38]

Answer:

Unrelated diversification.

Explanation:

Unrelated diversification is basically when the business adds an unrelated product line and penetrate a whole new market.

5 0

3 years ago

Factors driving supply<br>

Sauron [17]

Answer:

Being More Responsive to Customer’s Unique Product Requirements with Short-Notice Production Flexibility is the New Normal.

Explanation:

7 0

3 years ago

Explain which types of market inefficiencies derive from monopolies. Use examples from the textbook to support your claims.

Phoenix [80]

Most people criticize monopolies for charging excessive prices, but economists disagree because monopolies do not produce enough goods and services to be allocatively efficient.

What is Allocative efficiency?

Efficiency, whether allocational or allocative, is the quality of a market where all products and services are efficiently divided among consumers in an economy. It happens when parties can use the precise and easily accessible information reflected in the market to decide how to employ their resources.

Why is a monopoly allocatively inefficient?

Companies with monopoly power can set prices higher than in a market with competitors. Because in monopolies the price is higher than MC, an unregulated monopoly provider is very likely to be allocatively inefficient. In a market where there is competition, prices would be reduced and more people would benefit from buying the product.

Learn more about Allocative efficiency: brainly.com/question/23879464

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5 0

2 years ago

Parwin Corporation plans to sell 42,000 units during August. If the company has 17,500 units on hand at the start of the month,

Allisa [31]

Answer:

43,000 units

Explanation:

The computation of the produced units is shown below:

= Units sold + Ending Inventory units - Beginning Inventory units

= 42,000 units + 18,500 units - 17,500 units

= 43,000 units

We simply added the ending inventory units and deduct the beginning inventory units to the units sold so that accurate units can come

6 0

3 years ago