The telecommunications technology that Victor's company can use is a wiki.
<h3>What is telecommunication?</h3>
It should be noted that telecommunication simply means the communication over distance by cable, telegraph, or telephone.
In this case, the telecommunications technology that Victor's company can use is a wiki. This important for the communication.
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Mutual interdependence means that each oligopolistic firm <span>must consider the reactions of its rivals when it determines its price policy.
An oligopoly has a limited amount of competition because there is a small amount of producers or sellers in the market. Because there is a small amount, they consider the reactions someone else may have if they change the the price policy. These firms can not keep each other from having a large influence over the market.
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Answer: In the markets for factors of production, "(B) households provide firms with labor, land, and capital.".
Explanation: Companies and households interact between 2 markets.
The market of goods and services: is one in which companies sell products and services to homes.
The market of productive factors: it is one in which households sell productive factors to companies so that they can produce goods and services.
