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8090 [49]
3 years ago
10

Which of the following statements about oligopolies is not correct? a. An oligopolistic market has only a few sellers. b. The ac

tions of any one seller can have a large impact on the profits of all other sellers. c. Oligopolistic firms are interdependent in a way that competitive firms are not. d. Unlike monopolies and monopolistically competitive markets, oligopolies prices do not exceed their marginal revenues.
Business
1 answer:
Finger [1]3 years ago
5 0

Answer:

d. Unlike monopolies and monopolistically competitive markets, oligopolies prices do not exceed their marginal revenues.

Explanation:

An oligopoly can be defined as a market formation where in a given sector of the economy there are only a small number of competing companies offering a product or service. Its structure is formed by imperfect competition (between monopoly and perfect competition).

The difference between monopoly and oligopoly is that the number of companies that the market has will set the price of products in an oligopoly market, whereas in the monopoly only one company dominates the market and therefore that company determines the price of the good, as it is a market without competition. Therefore, alternative D is the incorrect one.

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The cross-price elasticity of demand measures the percentage change in quantity of a good demanded when the price of a different
Harrizon [31]

Answer:

hello your question is incomplete attached below is the complete question

answer :

For Negative cross-price Elasticity :

DVD players and DVD and Shampoo and conditioner

Positive cross-price Elasticity :

Beer and Wine  and  Soda pop and iced tea

Zero cross-price elasticity :

Coffees and shoes

Explanation:

<u>For Negative cross-price Elasticity : </u>

DVD players and DVD and Shampoo and conditioner ; this is because the percentage change in the price of any of the good will affect the demand for both goods negatively or positively

<u>For positive cross-price Elasticity :</u>

Beer and Wine  and  Soda pop and iced tea : The percentage change in the price of any of the good will affect the demand of the other good positively ( increase in demand of the other good )

<u>For Zero cross-price Elasticity </u>:

Coffees and shoes; The percentage change in the price of any of the good will not affect the other because both goods are not related

6 0
3 years ago
Checkable deposits are classified as money because:
worty [1.4K]

Checkable deposits are classified as money because , They can be readily used in purchasing goods and paying debts.Choice( A)

Explanation:

Any demand deposit account against which, one can write a check or a draft is called checkable deposit. It is mainly used when a person has to withdraw money, at a short notice and he can do so, without giving any prior notice to the bank.

These deposits help in immediate access to cash. As these deposits are available easily , they are considered to be assets. .

Its an asset for the person who withdraws, as he can withdraw anytime without notice. It is a liability to the bank as the bank has to pay it, whenever the customer asks for it.

As these checkable deposits are easily available, they can be readily used in purchasing goods and paying debts.

8 0
3 years ago
Medication is the most common treatment for seizure disorders.
Arada [10]
I don’t understand what is the question?
6 0
3 years ago
Read 2 more answers
Koffee, a brand of instant coffee, gives away a free coffee mug with its logo imprinted on it with every purchase of a 500g pack
galben [10]

Answer:

It is a sales promotion.

Explanation:

Sales promotion tool is used because of following factors:

a) It improve the sales for short term as it gives another reason to buy the product.

b) It is targeted toward brand switcher.

c) It encourage occasional buyer to make more purchases.

d) Increase new customer and brand loyalty.

e) Provide benefits to existing customer.

Koffee is also using sales promotion tool to get benefit in sales and Brand development.

5 0
3 years ago
The name for computations that allow you to determine how much money to deposit now to earn a desired amount in the future is
nydimaria [60]

Answer:

Future value

Explanation:

The name for computation that allows you to determine how much money to deposit now to earn a desired amount in the future is "Future value." Future value is the equivalent of an asset at a particular date. It estimates specific nominal future sum of cash that an invested sum of money is "worth" at a stipulated period in the future considering a specific interest rate, or more commonly, rate of interest; it is the immediate price multiplied by the aggregation function.

5 0
3 years ago
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