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Gwar [14]
2 years ago
8

A market structure where only two business dominate the market​

Business
2 answers:
Elza [17]2 years ago
8 0

Answer:

A duopoly

Explanation:

A duopoly is a form of oligopoly, where only two companies dominate the market. The companies in a duopoly tend to compete against one another, reducing the chance of monopolistic market power. Visa and Mastercard are examples of a duopoly that dominates the payments industry in Europe and the United States.

Vladimir79 [104]2 years ago
5 0

Answer:

Brainliest pls

Explanation:

duopoly

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A target income refers to: ?a. income at the break-even point.?b. income from the most recent period.?c. income planned for a fu
Shkiper50 [21]
The target income refers to the income planned for the future. The answer is letter C. This type of income is expected by the management at a given specified accounting period. This now would direct the key functions of the management in relation to the action that it will do to achieve the certain income. 
5 0
4 years ago
Consider the statement: "Even if a firm is losing money, it may be better to stay in business in the short run." This statement
IRINA_888 [86]

Answer:

if the loss is less than fixed costs

Price exceeds the average variable cost.

Explanation:

If a business is making losses and wants to shut down operations, it will need to keep paying the fixed cost component.

In a case where the loss made from running the business is less than the fixed cost that will be incurred, it is better for the business to keep producing in the short run. The cost of closing up will be higher.

Also the business should stay open if the price of a product is higher than its average variable cost. This is because as production increases the positive contributing margin will eventually exceed cost incurred. This can be achieved by scaling production upward.

4 0
3 years ago
Supplier development is synonymous with ____. Group of answer choices materials management procurement reverse marketing supplie
notsponge [240]

Answer:

<em>The correct answer is:</em> reverse marketing

Explanation:

Reverse marketing can be defined as the type of marketing in which the customer seeks the company, and not that traditional marketing model whose marketers are looking for customers.

Therefore, in this model, it is necessary to develop the variables that will bring the customer closer to the company, because reverse marketing can be considered an aggressive strategy to achieve objectives, where the buyer is the main decision maker of the purchase.

Supplier development is a technique widely used in business to business markets, where the company is the buyer who will approach the supplier in order to meet their needs.

5 0
3 years ago
ABC Steel Co. is considering buying a new machine in order to increase its production capacity using new technology. Details abo
stepan [7]

Answer:

payback period is lesser than 15 years we can say that they should buy the machine

so correct option is c. 4.8 years  

Explanation:

given data

Purchase Cost = $300,000

Savings offered = $62,500 per year

Life of machine = 15 years

to find out

Payback period

solution

first we get here Payback period that is express as

Payback period =  purchase cost ÷ savings   ...........1

put here value we get

Payback period = \frac{300000}{62500}

Payback period = 4.8 years

and here payback period is lesser than 15 years we can say that they should buy the machine

so correct option is c. 4.8 years  

7 0
3 years ago
The current price of a turkey sandwich is $6. If kyle is currently buying five turkey sandwiches a week, he:_______
Vsevolod [243]

The utility is not maximized since the  marginal utility gained from the fifth sandwich is greater.

In economics, utility refers to the entire satisfaction or benefit gained from consuming an item or service. Consumer utility maximization is commonly assumed in the economic theories based on the rational choice.

In economics, the marginal utility is the additional satisfaction (utility) that a buyer receives by purchasing an additional unit of the product or  the service. It computes utility once the first product is consumed (the marginal amount).

Therefore, the utility is not maximized , from the fifth sandwich onwards the marginal utility is more.

To know more about utility click here:

brainly.com/question/24848038

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4 0
2 years ago
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