1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aksik [14]
1 year ago
13

Why are many oligopolistic market outcomes conveniently described by a prisoners' dilemma?

Business
1 answer:
Naddika [18.5K]1 year ago
5 0

Oligopolistic market outcomes conveniently described by a prisoners dilemma because the firms can always achieve the outcome that maximizes joint outcomes.

Oligopoly markets are markets dominated by using a small quantity of suppliers. They can be determined in all countries and throughout a wide variety of sectors. a few oligopoly markets are competitive, whilst others are substantially less so, or can at least appear that way.

The possibly final results for a prisoner's catch situation is that both gamers illness  leading to suboptimal outcomes for each. this is also the Nash Equilibrium, a choice-making theorem inside recreation principle that states a player can reap the favored outcome with the aid of now not deviating from their initial method

Learn more about oligopolistic market here:-brainly.com/question/3005866

#SPJ4

You might be interested in
The __________ is a graphical representation of the term structure of interest rates.
omeli [17]
This is a yield curve
6 0
3 years ago
Identify at least four different types of financial statement users and discuss why each would use the financial statements.
GarryVolchara [31]

Answer:

Government authorities :

They will use the financing statement to ensure the fairness of the business and to receive proper amount of tax.

Investors :

Current or potential investors would check financial statements to ensure they will suitable returns after investment.

Creditors :

They will check financial statements to make sure they get their due money back.

Employees :

The employees will ask for bonus if the company performance in statements is good,

8 0
2 years ago
Question 1-12
storchak [24]

The change that would encourage GDP growth to slow is the automobile industry reduces hours for factory workers.

<h3>What would cause GDP growth to slow?</h3>

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

If the hours of work for factory workers is reduced, output would be reduced and this would slow GDP growth.

To learn more about GDP, please check: brainly.com/question/15225458

#SPJ1

5 0
1 year ago
Which of the following statements is false about the order in which management determines the sequencing of support department a
GaryK [48]

Answer: A. Departments with more employees are allocated earlier.

Explanation:

In the sequential method, it should be noted that a company allocates the service costs one department at a time. Once the service department cost is allocated by the accountants, the department won't get any other costs from the other service departments.

The statement that is false about the order in which management determines the sequencing of support department allocations under the sequential method of allocating support department costs to production departments is that the departments with more employees are allocated earlier.

Under the sequential method, the department costs that are allocated earlier include having an accurate cost drivers, having a higher cost, or having a large number of support.

4 0
2 years ago
Baldwin has a roe of 0.23 (roe = net income/equity). that means:
masha68 [24]
<span>Baldwin has a ROE of 0.23 (ROE = net income/equity). that means: Baldwin has an return on equity of 23%. The ROE is the amount of net income that is </span>returned as a percentage of shareholder quality. ROE and this equation shows the corporations profitability but showing how much profit they have with the money that is invested by shareholders. 
5 0
3 years ago
Other questions:
  • Universal Containers has a custom object to maintain Job information with a private sharing model. The Delivery group is distrib
    15·1 answer
  • The richest 20 percent of the families in the united states receive approximately ______ percent of total income.
    10·1 answer
  • currently, a firm has an EPS of $2.08 and a benchmark PE of 12.7. Earning are expected to grow by 3.8 percent annually. What is
    8·1 answer
  • Arctic Cat sold Seneca Motor Sports a shipment of snowmobiles. The snowmobiles were delivered on January 1, 2021, and Arctic rec
    7·1 answer
  • John, the owner of a lawn care service, likes to meet with his employees six months after their yearly evaluation to discuss how
    13·1 answer
  • Elaine is very good at what she does, but she is constantly stressed by internal deadlines assigned to co-workers, obligatory me
    8·1 answer
  • Question 10 (5 points)
    10·1 answer
  • What does good customer service include?
    13·2 answers
  • I give you loooots of points for this very important question......
    8·2 answers
  • Suppose the government has determined that the socially optimal quantity of chemical pollution is 175 million tons per day. One
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!