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levacccp [35]
3 years ago
13

An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical produ

cts. Which of the following are other characteristics of this market structure?Check all that apply.A) Market control by many small firmsB) Difficult entryC) Mutual interdependenceD) Market control by a few large firmsE) Mutual dependence
Business
1 answer:
kow [346]3 years ago
3 0

Answer: "B) Difficult entry, C) Mutual interdependence, D) Market control by a few large firms" are other characteristics of this market structure.

Explanation: An oligopoly is a market structure where there are few relevant competitors and each of them has some capacity to influence market variables (such as price and amount of balance).

The Oligopoly characteristics  are:

Small group of producers.

Producers can influence the price and market quantity.

They are strategically interdependent speaking.

There are usually barriers to entry for new producers.

The product offered can be interchangeably homogeneous or differentiated.

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Question 1-12
storchak [24]

The change that would encourage GDP growth to slow is the automobile industry reduces hours for factory workers.

<h3>What would cause GDP growth to slow?</h3>

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

If the hours of work for factory workers is reduced, output would be reduced and this would slow GDP growth.

To learn more about GDP, please check: brainly.com/question/15225458

#SPJ1

5 0
2 years ago
What are the three most critical components that a marketer needs to examine to segment a market effectively?
Georgia [21]
1. Identifiability (and measurability)
2. Accessibility
3. Responsiveness

1. Identifiability
    - the target market must be identifiable to determine which of the
      consumers belong to the segment. The target market must be well-
      defined and measurable, particularly in terms of population, income, and
      age bracket. 

2. Accessibility
    - this refers to the ease of reaching the identified market segment in terms
      of geography and economy with appropriate market strategies. 

3. Responsiveness
    - the target market should be evaluated if they will respond (i.e. purchase)
      the products and services created for them. There is little point in
      identifying a market, creating a product, and developing marketing
      strategies if the consumers themselves see little value in what is being
      offered to them. Thus, the products and services must meed the
      consumers' or organizations' needs. 
4 0
3 years ago
What are a firm's key assets?
I am Lyosha [343]

Key assets represent knowledge that your business has that is critical to the operation of your business. ... Basically, anything about your business that is essential to its core operation would be considered a knowledge asset.

5 0
3 years ago
Read 2 more answers
Does anyone have a copy of the spreadsheet assignment for career prep b
daser333 [38]

Answer:

030

Explanation:

030

6 0
2 years ago
Douglas County sought bids for a construction project. Robert Taggart wanted to submit a bid but knew the project needed rock. H
Jet001 [13]

Answer:

No, there is no contract between the two parties because of withdrawal of offer (Revocation) before the acceptance of the other party.

Explanation:

When one party offers another party and after some time the offer maker withdraws the offer by communicating that they had revoked then the offer is no more available to the other party and is often termed as Revocation. So when the offer maker revokes before the acceptance of the offer by the other party then their is no offer at consideration to the other party, which means if there is no offer then their can not be an acceptance of an offer and of course when there is no acceptance then there is no contract.

The communication of revocation was held before the acceptance of the offer of the other party which agains says that the contract was not actually formed.

4 0
3 years ago
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