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balandron [24]
2 years ago
11

Assume that there are two major telecommunications companies in a country. Firm A controls 45%, and Firm B controls 37% of the t

elecommunications market. Firm C controls the remaining portion of the total sales. For the market structure to be an oligopoly, what must be true
Business
1 answer:
neonofarm [45]2 years ago
3 0

The telecommunication market structure is considered an oligopoly market when there are high barriers to entry into the market.

<h3>What is a market?</h3>

A market is a place where the goods and services are being acquired by consumers and sold by retailers.

The oligopolistic market is a type of market structure where the control has been exercised by only the fewer firms over the entire market and doesn't allow new firms to enter the market. They initiate the barriers in the form of patenting of products, licenses from the government, adoption of expensive technology, etc.

Therefore, the creation of the barriers to entry of the new firms will mark the given market structure to be oligopolistic.

Learn more about the oligopoly in the related link:

brainly.com/question/14148752

#SPJ1

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A company purchased a weaving machine for $206,520. The machine has a usedul life of 8 years and a residual value of $11,000. It
Alex777 [14]

Answer:

The amount of depreciation expense that should be recorded for the second year is $28,600

Explanation:

The computation of the depreciation per units or bolts under the units-of-production method is shown below:

= (Original cost - residual value) ÷ (estimated production bolts)

= ($206,520 - $11,000) ÷ (752,000 bolts)

= ($195,520) ÷ (752,000 bolts)

= $0.26 per bolt

Now for the second year, it would be

= Production units in second year × depreciation per bolts

= 110,000 units × 0.26

= $28,600

4 0
3 years ago
The implication of the expectations theory that expected returns for a holding period must be the same for bonds of different ma
lutik1710 [3]

Answer:

i think the answer is intruments with different matuirties are perfect subtitute. i'm not sure but i think this is the answer.

Explanation:

5 0
3 years ago
Which of the following acts would probably constitute minimum contacts that would allow an Ohio court to serve a Michigan defend
otez555 [7]

Answer:

A) All of the contacts described provide sufficient contacts for in personam jurisdiction.

  • c. The Michigan defendant got into an automobile accident in Ohio.
  • d. The Michigan defendant signed a contract in Ohio with an Ohio business.
  • e. The Michigan defendant sold products in the state of Ohio that injured the purchasers.

Explanation:

In legal terms, in personam (Latin for "directed toward a particular person") means that a court can serve a defendant wherever he/she is.

In this case, a Michigan citizen can be judged in an Ohio court if he/she committed any of the cited actions:

  • participated in a car accident in Ohio
  • signed a contract in Ohio
  • sold products in Ohio

In other words, if you live in any state but are involved in certain events or business transactions in another state, you can be judged by a court of the other state.

4 0
3 years ago
If the price of gasoline increases significantly, then we’d expect the price for hybrid and electric cars to.
NikAS [45]
Yes because everybody will want so and so car so the price will rise
7 0
3 years ago
Grace Corp. suffered a net loss in 2020 of $250,000. The company has 230,000 common shares outstanding as of January 1, 2020, an
ladessa [460]

Answer:

-$2.24

Explanation:

For computation of EPS amount first we need to find out weighted average common shares outstanding and net income available to common stockholders the is shown below:-

Weighted average common shares outstanding = (Outstanding common shares ÷ 2) - (Treasury shares × 4 months ÷ 12 months) + (Issued shares × 2 months ÷ 12 months)

= (230,000 ÷ 2) - (11,500 × 4 ÷ 12) + (4,600 × 2 ÷ 12)

= 115,000 - 3,833.33 + 766.67

= 111,933.34

Net Income Available to Common Stockholders = Net loss - Number of shares × Par value × Shares percentage

= -$250,000 - 2,300 × $10 × 5%

= -$251,150

Earning per share = Net Income Available to Common Stockholders ÷ Weighted average common shares outstanding

= -$251,150 ÷ 111,933.34

= -$2.24

Therefore for computing the earning per share we simply applied the above formula.

7 0
3 years ago
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