The correct answer is D. Oligopoly
Explanation:
In economics and related areas, an oligopoly occurs if only a few companies dominate the production or supply of a specific product or service. This differs from a monopoly because in this there is only one company or firm domination. Moreover, in oligopolies as in monopolies competition is imperfect because small firms or new firms cannot compete.
In the case presented, the competitive structure is an oligopoly because three big important firms dominate telecommunication, and therefore this service is controlled by a few companies. Also, due to this, the competition is not fair or perfect because even when the three companies use non-price competition, small companies cannot compete with the three firms.
Answer:
Year Cashflow [email protected]% PV
$ $
1 12,700 0.8929 11,339
2 12,700 0.7972 10,124
3 12,700 0.7118 9,040
4 12,700 0.6355 <u>8,071</u>
Present value of annuity <u>38,574</u>
Explanation:
In this case, there is need to discount the cashflow for each year at 12%. then, we will add the present values of cashflows in order to obtain the present value of annuity.
Answer:
I hope this answer may help you
Stay Safe,Stay Healthy and Stay Happy
Answer:
false
Explanation:
S corporation form of business ownership is one type of corporation. It is a corporation whose shareholders have elected to become an S corporation. The formation of this form of business structure is not easy. First, a corporation is formed as per the requirements of the laws. Some requirements include drafting of articles and memorandum of association, appointing directors, and registering the corporation.
The shareholder can then apply to be an S incorporation if they meet the requirement. Some of them are
1. Should not have more than 100 shareholders
2. Shareholders should be individual or some exempt entities.
3. Have one class of stock
