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tiny-mole [99]
1 year ago
6

As a group, oligopolists would always be better off if they would act collectively

Business
1 answer:
natulia [17]1 year ago
4 0

The combined actions of oligopolists would always be preferable to those of a single monopolist. The correct response is option (c).

<h3>Define Oligopoly. </h3>

An imperfectly competitive market structure known as an oligopoly is one in which a limited number of businesses sell the same goods. Businesses in this type of market produce profits that are above average due to the high entry barriers.

A scenario known as monopoly occurs when there is only single-seller in the market. In traditional economic theory, the monopolistic situation is seen as the complete antithesis of perfect competition. The demand curve that the monopolist encounters is, by definition, the industry's downward-sloping demand curve.

To know more about oligopoly, visit:

brainly.com/question/14093864

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Match the below mention description with given terms. If there is no match then write "No match"
Serggg [28]

Answer:

1. No match.

2. Rebate.

3. No match.

4. No match.

5. Lease.

Explanation:

1. No match: This is the worth of the leased asset after the lease period expires.

  • The worth of the leased asset after the lease period expires is known as Residual value.

2. Rebate: This is a partial refund offered to attract the buyer to purchase the vehicle.

3. No match: This is the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.

  • Capitalized cost refers to the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.

4. No match: This is the advertised retail price listed on a particular vehicle for sale.

  • Sticker price is the advertised retail price listed on a particular vehicle for sale.

5. Lease: This is a contract which allows the lessee (consumer) to use the asset, such as car, land, services etc., in return for a specific amount paid periodically.

5 0
3 years ago
Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Co
irina1246 [14]

Answer:

Variable overheads efficiency variance = $13,040  favorable  

Explanation:

<em>Variable overheads efficiency variance is the difference between the standard hours of actual output and actual hours valued at the standard variable overhead rate per hour </em>

                                                                                       Hours

5,900munits should have taken (5,900× 0.9)          5,310

but did take                                                                 <u> 2050  </u>        

efficiency variance in hours                                         3,260 favorable

Standard rate per hour                                               <u>   $4.00 </u>  

Variable overheads efficiency variance                   <u>   13,040 favorable </u>

Variable overheads efficiency variance = $13,040  favorable          

3 0
2 years ago
Interest is the cost of borrowing. <br> a. True<br> b. False
Gnesinka [82]
Interest is defined as the amount paid regularly at an agreed rate for the use of money lent. Depending on the agreement of both parties, interest is for the delayed repayment of a debt. So, to answer the question above: True.
8 0
3 years ago
A company that produces a popular brand of pasta decides against increasing product price. instead, the management decides to de
12345 [234]
This strategy is an attempt to retain the consumers' perception of their product. Consumers' perception is a marketing concept that has to do with the impression that a company produces about its products. Customers perception is influenced by advertisements, reviews, social media, personal experiences, etc.
8 0
3 years ago
Rudy and his publisher require Katherine's expertise in writing a chapter of a book that will be published under Rudy's name. Th
Brilliant_brown [7]

Answer:

The delegation is not effective and valid since the original contract was based on personal skills and it involves personal services.

Katherine's personal expertise is required to write the chapter and Dana does not necessarily possess the same expertise or skills as Katherine does.

4 0
3 years ago
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