1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kow [346]
3 years ago
13

Drag the tiles to the correct boxes to complete the pairs. Match each economic term with its description?

Business
1 answer:
VMariaS [17]3 years ago
5 0

<u>Monopoly:</u> There is a single seller in the market

<u>Oligopoly:</u> every company in this market structure is aware of the actions of the other companies (oligopolies are a small number of companies controlling the markets-  there are elements of collusion in this structure because the firms work together to control prices and the market)

<u>Perfect Competition:</u> There are no barriers to entry (lots and lots of competing companies that each have a small share of the market)

<u>Collusion:</u> 3 companies secretly enter into a price agreement (this is illegal in many cases)

You might be interested in
PLEASE HELP ME!!!!
Vinvika [58]

I'm 100% sure the answer is B. your industry's going rate.

Just took the test and got it correct

6 0
3 years ago
When goodyear increases its production when michelin reduces its​ production, goodyear is playing a
hram777 [196]

Answer:

A. Non- cooperative game

Explanation:

Goodyear is playing a ​non-cooperative game.

A non-cooperative game is a game with competition between individual players, as opposed to cooperative games, and in which alliances can only operate if self-enforcing

8 0
3 years ago
Read 2 more answers
Which sentences in the passage correctly describe the intermediaries in the distribution process?
pshichka [43]

Answer:

sentence C and D

Explanation:

choose both sentences!!

"Distributors facilitate the logistics function of storing goods at a suitable location until they can be dispatched. They also finance the sale at times, which implies that they provide credit to retailers."

6 0
3 years ago
Read 2 more answers
On a per unit basis, economic profit can be determined as the difference between:
DedPeter [7]
<span>The product price and the average total cost determines the profit. If a company is charging a higher price than the per-unit cost, then they are earning a profit on that item. If they increase the price with everything else remaining constant, their profit increases. The opposite happens when they lower the price, all else held constant.</span>
6 0
3 years ago
A system of accounting for manufacturing operations that produces timely information about inventories and manufacturing costs p
sasho [114]

Answer:

The answer is cost accounting system.

Explanation:

Cost accounting is a tool that allows you to estimate the actual price of the products, which allows you to establish a profit margin for each unit sold. Depending on the activity of the company, several techniques are used such as production costing, process costing, standard costing, absorption costing, etc.

5 0
3 years ago
Other questions:
  • As the only store to design and sell curtains in the suburb of Oakland, the merchandise sold by Plush Parade is overpriced. Noti
    5·1 answer
  • The comparison of a company's financial condition and performance across time is known as:
    5·1 answer
  • You have just received notification that you have won the $1.4 million first prize in the lottery. However, the prize will be aw
    6·1 answer
  • A leader who manages through activities, using his legitimate, reward and coercive powers to give commands and exchange rewards
    12·1 answer
  • Blush Bashful Cosmetics Inc. operates in 20 countries around the globe. The company clearly understands that the skin and hair t
    12·1 answer
  • Write some similarities between health workers, engineer and teacher​
    5·1 answer
  • The materials manager of a warehouse is given a new product line to manage with new inventory control procedures. Which of the f
    7·1 answer
  • This is my mom channel please subscribe​
    11·2 answers
  • Four brokers decided to collaborate and refuse to show any of the properties listed by a new broker in the area in an effort to
    5·1 answer
  • when the market rate is 8%, a company issues $50,000 of 9%, 10-year bonds and pay interest semiannually for a selling price of $
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!