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snow_tiger [21]
3 years ago
5

The process of accumulating capital is called:

Business
1 answer:
anygoal [31]3 years ago
7 0
The process of accumulating capital is called investment. Investment can be done in various categories like land, labor and capital. Investment in land does not mean investing only in the lands that are cultivated or where buildings can be built. It can also include land where natural resources are available. Capitals can be machinery, buildings, raw materials and several other things. Labor will include people giving physical labor as well as those people that use their intelligence. So brain and physical labor are both investments.


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For purposes of decision making, avoidable costs are costs that:
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Which of the following is not true about commission-only compensation plans for sales persons? Sales personnel are only compensa
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3 years ago
Business ____ is an overview that describes a company's overall functions, processes, organization, products, services, customer
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Answer: Business profile

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Business profile is referred to as or known as the profile that is designed in order to have an overview of the organization, business and their business plan. It tends to provide the readers with quick overview of the business, also including the values and the objectives, so as they tend to get the immediate feel of what they are doing and where they are headed.

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3 years ago
can the combined profits of oligopolistic firms ever be higher than those of a monopoly with the same costs as those of the firm
Arisa [49]

No, a combined profit or loss of oligopolistic firm can never be higher than those of a monopoly with the same costs as those of firms combined.

<h3>What is an Oligopoly Firm ?</h3>

An oligopoly is a establishment characterized by a small number of enterprises who realize they're interdependent in their pricing and affair programs. The number of enterprises is small enough to give each establishment some request power. Oligopoly is distinguished from perfect competition because each establishment in an oligopoly has to take into account their interdependence; from monopolistic competition because enterprises have some control over price; and from monopoly because a monopolist has no rivals.

In general, the analysis of oligopoly is concerned with the goods of collective interdependence among enterprises in pricing and affair opinions.

Do more about Monopolistic Firm click: brainly.com/question/25717627

#SPJ4

7 0
1 year ago
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