The correct answer to this open question is the following.
Although there are no options attached we can say the following.
An oligopoly can cause market failure because companies that form the oligopoly do not allow other companies to enter and compete in the market. This action limits consumers to choose from a variety of options, including quality, the best price, and service.
Often, oligopoly associates the strongest or more powerful companies in order to wipe out other minor competitors. They want to establish a dominant presence that affects prices and consumers participation.
Oligopoly practices result in inefficiency and instability in the market. That is why oligopolies are not good for the economy.
The automobile industry is mostly associated with an oligopoly.
When a market is controlled by just a few numbers of companies, but none of them is above the others, we are talking about an oligopoly. They can collude intentionally or not, to establish prizes and to not let other companies compete with them.
<span>If the form of a will is made orally, and written down by a witness, it is called </span>nuncupative (non-culpatory) - meaning oral or dictated; often limited to sailors or military personnel.
Answer:
As america's most important strength.
Explanation:
In the 1920s the wealthiest Americans (top 5%) earned around one third of the nation's income.
Back then, the working middle class was not the largest social class in the nation, most Americans should have been considered poor, while a small but very powerful and influential upper class existed. No politician would have dared to even suggest limiting the influence and power of the rich people (the owners of big businesses).
Answer:
Net Cash Flow from Operating Activities is $145,000
Explanation:
Cash Flow from Operating Activities
Net Income $120,000
Adjustment for Non Cash Expenses
Deprecation Expense $30000
Working Capital Changes
Increase in Accounts Receivables $(10,000)
Increase in Accounts Payable $5000
Net Cash Flow from Operating Activities $145,000
Please note that:
- Proceeds from issue of stock and payment of cash dividends relates to Financing Activities of Cash Flow Statement
- Proceeds from sale of land and cash payment for purchase of equipment relates to Investing Activities of Cash Flow Statement
*figures in brackets represent negative values or cash outflows
