The demand would go up because it would be more affordable
Based on economic situation analysis, the Firms in an oligopoly often "<u>make decisions based on the behavior or expected behavior of their competitors</u>."
This is because firms in an oligopoly tend to act <u>inter-dependently.</u>
This implies that the firms in oligopolies can act together to fix prices to maximize the possible profits in their industries.
Oligopoly is a term in economic theory used to describe the market condition whereby the smaller number of firms are producing a commodity.
Hence, in this case, it is concluded that the correct answer is option C. "make decisions based on the behavior or expected behavior of their competitors."
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Answer:
A raising capital for manufacturing and distribution
Explanation:
the greatest advantage of a corporation is that the entrepreneur can raise funds from a lot of different investors. Anyone that purchases stock form the company is investing money and helping the entrepreneur raise capital. If the project requires a lot of capital, the best way is to form a corporation. A sole-proprietorship or a partnership have limited sources for raising capital, plus the unlimited liability does not help either.
Answer:
A. True
Explanation:
In the field of accounting, we can describe a common fixed costs as one that offers support to the operations of different segments and not just one. And yet cannot be traced to any part of this segment I either fully or in parts.
An example of such a cost is the salary of a CEO who is in control of all these segments.
From this explanation above, we see that this company has two divisions or segments and they sell different products. So the salary of the manager has to be considered as common fixed cost since this fits into our definition of the subject.
We need it for our kids so they are not in a relationship