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Katen [24]
2 years ago
7

An oligopoly firm is similar to a monopolistically competitive firm in that A) both firms face the prisoner's dilemma. B) both o

perate in a market in which
Business
1 answer:
deff fn [24]2 years ago
5 0

Both firms have market power.

<u></u>

<h3><u>How Do Oligopolies Work?</u></h3>

An oligopoly is a market structure comprising a few enterprises, none of which can prevent the others from having a sizable impact. The concentration ratio calculates the largest companies' percentage of the market. A market with a monopoly has just one producer, a duopoly has two businesses, and an oligopoly has three or more businesses. The maximum number of firms in an oligopoly is unknown, but it must be low enough such that each firm's activities have a major impact on the others.

Learn more about Oligopolies with the help of the given link:

brainly.com/question/14285126?referrer=searchResults

#SPJ4

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An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of tw
solong [7]

Answer:

0.2706 ; 0.05265 ; 0.1353

Explanation:

Given that :

λ = 2

According to the poisson distribution formula :

P(x = x) = (λ^x * e^-λ) / x!

P(x = 1) = (2^1 *e^-2) / 1!

P(x = 1) = (2 * 0.1353352) = 0.2706

P(x ≥ 5) = 1 - P(x < 5)

1 - P(x < 5) = 1 - [p(x = 0) + p(x = 1) + p(x = 2) + p(x = 3) + p(x = 4)]

We obtain and add the individual probabilities. To save computation time, we can use a poisson distribution calculator :

1 - P(x < 5) = 1 - (0.13534+0.27067+0.27067+0.18045+0.09022)

1 - P(x < 5) = 1 - 0.94735 = 0.05265

P(x ≥ 5) = 1 - P(x < 5) = 0.05265

Probability that no emails was received :

x = 0

P(x = 0) = (2^0 *e^-2) / 0!

P(x = 0) = (1 * 0.1353352) / 1 = 0.1353

7 0
2 years ago
To create a budget: Multiple Choice From the Banking Menu, select Planning &amp; Budgets &gt; Budgets From the Company Menu, sel
klasskru [66]

Answer: From the Company Menu, select Planning & Budgeting > Set Up Budgets

Explanation:

Quickbooks is a very popular and effective accounting software that is mainly used by Small to Medium Scale Businesses to manage their Accounting affairs with its myriad of functions including on-premises and online cloud functions for ease of operations.

When setting up a new budget with Quickbooks, from the <em>Company menu</em>, click on <em>Planning and Budgeting</em> and then click on <em>Set Up Budgets</em>. After that you should click on <em>Create New Budget</em> and then continue from there.

6 0
3 years ago
The fixed exchange rate system was used until 1971.<br><br> Question 3 options:<br> True<br> False
PilotLPTM [1.2K]

Answer:

True

Explanation:

The fixed exchange rate came to an end in 1971 in the US.

Before 1971, the US currency value was tied to an ounce of gold. In 1971 the US economy was undergoing a recession. The US authorities bought all the gold value backing the dollar to end the recession.  The dollar became a fiat currency.

The year also marked the beginning of the floating exchange system for the dollar.  

4 0
3 years ago
Read 2 more answers
Raphael and Martina are engaged and are planning to travel to Las Vegas during the 2019 Christmas season and get married around
Tanzania [10]

Answer:

It would be better to get marry on 2019 that way they will saved in income taxes $138

Explanation:

We have to compare their two single taxable income

against marry filing jointly:

<u>Martina:</u>

15,000 - 12,200 standard deduction = 2,800

It willbe taxed at 10% = 280

<u>Raphael:</u>

45,000 - 12,200 standard = 32,800

It will be taxed 10% of 9,700 = 970

and 12% above: (32,800-9,700) x 12% = 2,772

total income tax for Raphael: 3,742

Total if married in 2020: 4,022

<u>Jointly:</u>

60,000 - 24,400 = 35,600 taxable income

it will be taxes at 10% for the first 19,400 = 1,940

and at 12% for the above: (35,600 - 19,400) x 12% = 1,944

Total: 3.884‬

Difference:

4,022 - 3,884 = 138

3 0
3 years ago
An MRP system that is updated periodically to account for all changes which have occurred within a given time interval is called
Rudik [331]

Answer:

B) regenerative

Explanation:

A material requirements planning (MRP) system is used to merge several production activities into one single system that controls production and inventory. It's similar to ERP systems but it only focuses on the production area of a company. Using MRP systems enables production planning, scheduling, and control of production inputs (e.g. materials).

All MRP systems should be regularly updated in order to be efficient.

8 0
3 years ago
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