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
Pavlova-9 [17]
3 years ago
6

34. Which of the following statements is correct? a. If oligopolists successfully collude, then their combined output will be eq

ual to the output that would be observed if the market were a monopoly. b. Although the logic of self-interest decreases a oligpoly’s price below the monopoly price, it does not push the duopolists to reach the competitive price. c. Although the logic of self-interest increases a oligopoly’s level of output above the monopoly level, it does not push the oligopolists to reach the competitive level. d. All of the above are correct.
Business
1 answer:
grandymaker [24]3 years ago
5 0

Answer:

The correct answer is option d.

Explanation:

If oligopolists are able to collude successfully, they will be able to fix price and output similar to a monopoly.

In order to maximize profits, the oligopoly firms keep their prices higher than a perfectly competitive firm but lower than monopoly. The output level is kept higher than a monopoly firm but lower than a perfectly competitive firm.

You might be interested in
Paw Salon currently services an average of 74 pets per day. Observations in recent weeks show that its utilization is about 90 p
Liula [17]

Answer:

50 customers per day

Explanation:

For computing the capacity required customers per day, first, we have to  compute the current demand per day which is shown below:

Current demand = Average number of  pets per day × estimated percentage

= 74 pets × 60%

=  44.4 per day

Now the capacity required per day would be

= (Current demand per day) ÷ (1 -  capacity cushion percentage)

= 44.2 ÷ (1 - 0.12)

= 50.22 per day

3 0
3 years ago
If a firm decided to reevaluate and reorganize the way it did business, in hopes of creating competitive advantage, by changing
Vsevolod [243]

Answer:

C. Business process improvement.

Explanation:

Product reevaluation and Life cycle costing are product dependent and aims to improve products on the individual level and the business on the whole.

Business Intelligence is when businesses use different types of data to compile an analysis for informed decision making.

A value chain refers to all the activities that a business undertakes from procurement of raw materials to adding value. This can be a part of improvement process but it is not directly related.

Business process improvement is when management identifies all the business processes and analyses if there is a need for improvement and identifying areas that need change - then improving upon these findings.

This is the right answer.

Hope that helps.

6 0
3 years ago
Development of the Eurocurrency Market A Eurocurrency is any currency that is banked outside of its country of origin.
aleksandr82 [10.1K]

Answer:

A Eurocurrency is any currency that is banked outside of its country of origin.

4 0
3 years ago
All of the following make up the big three credit reporting agencies EXCEPT:
labwork [276]
<span>The Federal Reserve is not a credit reporting agency. It is the main banking system in America, created in the 1910s. Credit reporting agencies work with banks such as the Federal Reserve to help the bank - or another type of business - decide whether a person they lend money to will be able to pay it back.</span>
3 0
3 years ago
Read 2 more answers
Suppose you are going to receive $13,800 per year for six years. the appropriate interest rate is 8.7 percent. what is the prese
Dmitry_Shevchenko [17]

13.800 \times 6 \div 8.7\%
6 0
3 years ago
Other questions:
  • Peak performance sporting goods company has reported net income after taxes = $3,750,000, with 18,250,000 shares outstanding. ba
    14·1 answer
  • Once the job description and job specifications were written for a new marketing assistant position in his department, Eric call
    8·1 answer
  • Imagine that you are an entrepreneur, making designer t-shirts in your garage. Your total cost (in dollars) is given by the equa
    14·1 answer
  • On January 1, 2017, Whitefeather Industries issued 300, $1,000 face value bonds. The bonds have a five-year life and pay interes
    14·1 answer
  • All of the following components are commonly found in rental housing agreements EXCEPT:
    10·1 answer
  • Which of the following are considered to be benefits of international trade? Instructions: In order to receive full credit, you
    7·1 answer
  • What are the principal tools and technologies for accessing information from databases to improve business performance and decis
    6·1 answer
  • Real GDP per capita is not a perfect measure of the well-being of a country's individual citizens because: Instructions: You may
    11·1 answer
  • To increase sales of its low-fat pizzas in its established market, Dietizza is offering discounts on all its pizzas. According t
    12·1 answer
  • Who will win the fight tomorrow jake paul or ben askren <br> winner gets brainlest
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!