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3 years ago

A market situation where a small number of sellers compose the entire industry is called

Business

1 answer:

Nadusha1986 [10]3 years ago

4 0

Answer:

The correct answer is: oligopoly.

Explanation:

A market structure where there are only a few firms is called an oligopoly market. These firms can be producing either identical products or differentiated products.

Because of few firms, there is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.

There is interdependence in the market such that the economic decisions of a firm affects the price, profits and output level of its rivals. So the firms have to consider the reaction of its rivals before making an economic decision.

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In which phase of the job search cycle will you write a thank-you letter to the company following your interview?

ikadub [295]

Answer:

c. Shine at Interviews

Explanation:

We write a thank-you letter to the company after shine at Interviews in order to follow up

6 0

3 years ago

When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an or

vlada-n [284]

Answer: When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an organization with a(n) <u>Mercenary</u> culture.

<u>Explanation:</u>

Mercenary is one who always works for money not for achieving any organizational goal. Mercenary culture is one in which employees have the same thinking. Employees are not friends with each other. It is the culture in which everyone thinks of his benefit. People are more determined to win even if they have to sacrifice their ethics.

So this type of culture is not very successful in the long run. Because everybody works for his or her advantage. For an organization to be successful everyone has to work together keeping in mind the benefit of other employees also.

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2 years ago

What is supply-side fiscal polioy? Identify each policy action as being focused on the demand side, the supply side, or both. Dr

Advocard [28]

Answer: Please refer to Explanation

Explanation:

Supply Side Fiscal Policy focuses on how to improve the ability of companies to supply more goods to the economy. The aim being that as companies supply more, they grow more and employ more people.

Demand Side Fiscal Policy on the other hand focuses on how to give more power to the Demand side of the Economy. It holds that increasing demand leads to increased supply which is good for the economy.

Classifying the above,

1. research grants for a corporation developing new technologies. SUPPLY SIDE.

This is aimed at increasing supply by improving the ways a company is able to produce it's goods and services.

2. government-funded scholarships for college students. SUPPLY SIDE.

This is supply side because it leads to more Colleges offering placement to students.

3. stimulus packages for firms that are "too big to fail". DEMAND SIDE.

Companies considered Too big to fail usually hire a lot of people. Keeping them running leads to them being able to pay off their employees which increases the demand in the economy.

4. increasing spending on "shovel-ready" projects. DEMAND SIDE.

Shovel Ready projects are those that are ready to be initiated. By increasing spending on them, they hire people immediately and begin work which increases the income flowing to people in the economy which increases demand.

5. lowering income tax rates at all income levels. BOTH.

By lowering income tax levels people are both able to spend more which increases demand as well as able to Invest more in companies which will increases supply.

8 0

3 years ago

If you are leading a meeting, what can you create to make sure you don't forget anything that should be discussed in the meeting

Archy [21]

If you leading a meeting you can create a power point so that you stay on track with your meeting. When you create a power point you are able to make slides with information you want to discuss to refer back to if you forget anything. Most people use bullet points to create their slides for the power point so that they are able to easily read the information on it.

6 0

3 years ago

10. Nancy White’s employer provides individual and family group health plan coverage, and it pays 80 percent of her annual premi

elena-s [515]

Answer:

$115.38

Explanation:

Since Nancy only has to pay 20% of her health insurance premium, her total biweekly deduction = $3,000 / 26 weeks = $115.38

Generally health insurance premiums are paid on a monthly basis, but lately some health care providers are starting to take quarterly, semiannual and even annual payments. The thing is that you always pay in advance, so generally people choose to pay it with their paychecks. It makes sense, since unless you earn a lot of money, a $3,000 payment would represent a large portion of your salary.

8 0

3 years ago