<u>An </u><u>oligopoly</u> occurs when circumstances have allowed several large firms to have all or most of the sales in an industry.
Oligopoly markets are markets dominated with the aid of a small range of suppliers. They can be determined in all international locations and throughout a large range of sectors. some oligopoly markets are aggressive, even as others are appreciably much less so, or can as a minimum seem that way.
A number of the most exquisite oligopolies within the U.S. are in film and television production, recorded track, wi-fi companies, and airlines. for this reason the 1980s, it has become greater, not unusual for industries to be ruled with the aid of or three companies. Merger agreements among foremost gamers have ended in industry consolidation.
An oligopoly is a market structure in which a market or enterprise is ruled by means of a small wide variety of big sellers or manufacturers. Oligopolies regularly end result from the choice to maximize profits, leading to collusion among corporations.
Learn more about oligopoly here brainly.com/question/3227891
#SPJ1
Answer:
<u>lower return </u>
Explanation:
an additionl unit of capital will have a <u>lower return</u> in Alpha compared to Beta
The diminishing return theory explains that if a factor is added, while the other remains the same, the return for each additional quantity added will be lower. So if both countries have the same amount of factor, Alpha adding more capital will not have the same return as doing it in Beta
ΔCapital/(40,000 + labor + land) < ΔCapital/(5,000 + labor + land)
That's because the divisor ir greater in Alpha it is required a higher amount of capital to produce the same return.
<u>Answer:
</u>
By implementing the food safety compliance policy, the food company would only make sure that the food they have given is safely consumable, but by putting consumer safety first, the companies would go beyond the attempts to avoid fine and take special measures to ensure true safety of the consumers.
<u>Explanation:
</u>
- Though the Food and Drug Administration of the United States bears the responsibility of food safety and is accountable towards both, the public and the government, it would not be possible without the cooperation of the food companies to ensure utter food safety for the public.
- With stringent supervision and the companies sticking to the norms and regulations put by the supervising agencies, it would be possible to eradicate the problems caused by food contamination.
A globalization change in a relationship affecting a government
I just finished this quiz and the answer is "marketing"
