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Marina86 [1]
2 years ago
5

All of the following are examples of oligopolistic markets except A) the broadcasting industry. B) aircraft manufacture. C) coll

ege bookstores. D) seafood restaurant chains
Business
1 answer:
Yanka [14]2 years ago
3 0

Except for college book stores, all of the following are examples of oligopolistic markets.

An oligopolistic market (also known as an oligopoly) is characterized by the dominance of a small number of businesses that provide comparable products and services over a large number of others. In an oligopolistic market, there are few competitors, which limits competition and enables every firm to thrive. The environment often encourages cooperative behavior and regular business ties between companies.

It's crucial to keep in mind that oligopolistic enterprises are those that do business in oligopolistic markets. Businesses typically determine trends and pricing by establishing alliances and agreements that set prices higher than the marginal costs of the dominant firms. It implies that businesses operating in an oligopoly fix prices to maximize their own profit. In the end, it results in alliances and partnerships that help them and other businesses, particularly smaller ones engaged in the same market or sector, succeed.

If one company in a market cuts the prices it charges for goods and services to achieve the best possible increase in sales, firms that are directly competing usually do the same, frequently igniting a price war. Oligopoly firms typically avoid engaging in such pricing wars and instead invest more funds in research to enhance their products and services and in advertising that emphasizes their advantages over rival firms selling comparable goods and services.

Learn more about oligopolistic markets here

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If inputs increase by 15% and outputs increase by 15%, what is the percentage change in productivity?
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Answer:

0%

Explanation:

If input increase by 15% and output increase by 15% then the equation for productivity will be

Input = 100% + 15% = 115%

Output = 100% + 15% = 115%

productivety =\frac{Outpu t }{Inpu t}

productivety=\frac{1.15}{1.15}

productivty = 1

Percentage change = 1-1

Percentage change = 0%

If both Output and input is increased by the same amount the results will be the same

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Douglas can afford 240$ a month for five years for a car loan. If the APR is 8.5%, how much can he afford to borrow to purchase
SVETLANKA909090 [29]

Answer:

Douglas can afford 21697.88 to borrow to purchase a car.

Explanation:

As the formula for calculating present value is given as:

PV = PMT * ( (1-(1+r)^-n) / r )

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it means that payment = 240 $

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As the down payment = 10,000 so the total value of car

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Douglas can afford 21697.88 to borrow to purchase a car.

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