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3 years ago

Why does an oligopoly only work if there are high barriers to entry in a market?

1 answer:

4 0

An oligopoly is the limitation of competition. If you can keep competitors out of the marketplace, you have more of a chance to make a profit. If you are in a business with a very high capital outlay or you have an extremely well trained labor force that your competitors can't match then you have effectively created or have created for you a very high barrier. Hence an oligopoly.

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Asset sales, Usage fees, Brokerage frees, and advertising are all ___?

lapo4ka [179]

Answer:

sources of business revenue

Explanation:

Revenue is the money a business gets from its normal trading activities. It is the income a business obtains through the sales of goods and services to customers. Revenue includes discounts received and purchase returns.

The sale of an asset is revenue to a business because it will receive money from the transaction. Usage fees, Brokerage fees, and advertising are money that businesses receive for offering services.

7 0

3 years ago

Baseball Commissioner Allan H. (Bud) Selig authorized an investigation into alleged steroid use by Major League Baseball players

ruslelena [56]

Answer

Reputation Management

Explanation:

As a way to maintain its popularity with the fans due to the scandal, MLB's need to look into reputation management

6 0

4 years ago

our neighbor has monthly expenses totaling $3350. His employer has indicated that the firm is expecting to announce layoffs soon

9966 [12]

Answer:

$20,100

Explanation:

You will have to multiply the monthly expenses by 6

$3,350 x 6

= $20,100

A layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees for business reasons, such as personnel management or downsizing an organization.

When calculating how much you will need, don't plan for just your largest bills. You'll need enough to cover mortgage or rent and vehicle payments, but you will also need to pay utilities, credit cards, insurance, and buy groceries. Everything that's in your normal budget should be considered.

Though you may spend lesser since you're no longer going to work BUT you must consider your normal monthly budget.

3 0

3 years ago

When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the

Airida [17]

Answer:

100%

Explanation:

Let the normal retail price of the sweater be 'SP' and the cost price be 'CP'

Therefore,

The selling price = SP - 40% of SP = SP - 0.4SP = 0.6SP

Now,

the profit = 20% of CP = 0.2CP

also,

Profit = Selling Price - Actual price

0.2CP = 0.6SP - CP

1.2CP = 0.6SP

CP = 0.5SP

SP = 2CP

thus,

Increase percentage in sweater marked up from wholesale at its normal retail price

= $\frac{SP-CP}{CP}\times 100$

= $\frac{2CP-CP}{CP}\times 100$

= 100%

3 0

3 years ago

If Sasha works for 6 hours she can rent

zloy xaker [14]

Based on the number of apartments that Sasha can rent at 6 and 7 hours, her marginal benefit in the 7th hour is<u> 3 apartments. </u>

<h3>What is Sasha's marginal benefit?</h3>

This refers to the additional number of benefits that Sasha gets when she works an extra hour.

As a result of working one extra hour from 6 hours to make it 7 hours, the additional benefit Sasha gets is:

= 12 - 9

= 3 apartments.

Find out more on marginal benefits at brainly.com/question/11937697.

5 0

2 years ago