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Bas_tet [7]
1 year ago
11

Which of the following is a characteristic of an oligopoly market structure? a. Many firms b. Price equals marginal revenue c. S

trategic interdependence d. A unique product
Which of the following is characteristic of a competitive market? A) high costs B) low output C) inexhaustible supply D) efficiency
Business
1 answer:
professor190 [17]1 year ago
7 0

Strategic Interdependence is a characteristic of an oligopoly market structure.

Efficiency is characteristic of a competitive market.

In an oligopolistic market, where there are few firms and the items are highly correlated, each firm depends on the others to maximize profit. In order to corner the market, they jointly decide on price and output. A market structure known as an oligopoly has a small number of enterprises, none of which can prevent the others from having a large impact. The market share of the major companies is calculated using the concentration ratio.

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. Oligopolies can be created, maintained, or dismantled as a result of economic, legal, and technological considerations. The prisoner's dilemma that each member faces, which motivates each member to cheat, is the main challenge that oligopolies face.

To know more about 0ligopoly visit:

brainly.com/question/14093864

#SPJ4

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In a perfectly competitive market, the process of entry and exit will end when (i) accounting profits are zero. (ii) economic pr
coldgirl [10]

Answer:

 (ii) economic profits are zero

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

I hope my answer helps you

4 0
3 years ago
Music Masters sells a unique assortment of sheet music including just about any published music ever written before 1970. Its cu
lina2011 [118]

Answer:

Inventory turnover ratio

Explanation:

The inventory turnover ratio will tell the organization whether or not the company will generate more cash in the future this can be witnessed by consecutively using the inventory turnover ratio. The inventory turnover tell how many days the inventory takes to sell them in the market . So if the inventory turnover ratio is decreasing then it is a good news for the company because the revenue of the company is increasing due to increase in the demand of the product in the market and will generate bulk of cash surplus.  

3 0
3 years ago
Refer to the data for Best Bagels, Inc. (BB). BB is considering moving to a capital structure that is comprised of 20% debt and
WITCHER [35]

Answer:

$498,339

Explanation:

WACC= wcrs+ wd(1 −T)rd

= (0.8)(0.14) + (0.2)(0.07)(1 −0.4)

= 0.1204

= 12.04%

V= FCF/WACC

g = 0

FCF = NOPAT

= EBIT(1 −T)

V= $100,000(1 −0.4)/0.1204

= $498,338.87

Approximately $498,339.

Therefore If this plan were carried out, what would BB's new value of operations will be $498,339

7 0
3 years ago
Darian has a gourmet cupcake business and needs a website to compete with the other bakeries in his area. He has a Google My Bus
CaHeK987 [17]

Answer:

When you claim your business profile on Google, you will find an option of creating a website.

After claiming your profile, sign in to Google my business account.

Select the location you want to manage (if you have multiple locations).

Click on the website menu to create your website on Google.

A website created at Google is suitable for small businesses and would help Darian for its gourmet cupcake business.

Explanation:

When you claim your business profile on Google, you will find an option of creating a website.

After claiming your profile, sign in to Google my business account.

Select the location you want to manage (if you have multiple locations).

Click on the website menu to create your website on Google.

A website created at Google is suitable for small businesses and would help Darian for its gourmet cupcake business.

3 0
3 years ago
27. When a person buys stock in a company, that person is buying ________, but when a person buys a bond in a company, that pers
Trava [24]

Answer: Ownership rights

lending

Explanation: Equity shares or common stocks are the ownership rights of the company, the holders of common stock have the voting right in every major decision of the company and are entitled for dividend according to the profit made by the company in that period.

On the other hand the bondholders are the creditors of the company as bond is considered as a debt obligation in the company. They are entitled to fixed rate of interest in return of the investment made by them.

5 0
3 years ago
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