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Maksim231197 [3]
3 years ago
13

In an Oligopoly industry a change in price by one firm will _____ impact the other firms in the industry.

Business
1 answer:
FrozenT [24]3 years ago
3 0

Answer:

The answer is significantly.

Explanation:

Oligopoly is a market situation in which there are few sellers, selling similar goods and services and many buyers. The barriers to entry in this market in high. Example of a oligopoly market is OPEC.

The competition amongst the few sellers is high because they are selling the same thing and a change in price by one firm will significantly affect other firms in the industry. For example, if a firm reduces the price of its goods, this creates a price war and other firms to start reducing their price to match the lower price. And if another firm increases its price, consumers will switch to competitors

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Answer:

E. All of the steps above are appropriate to take if she suspects identity theft.

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Under suspicion of identity theft, it is better to take all the preventive measures listed in the example before the person who has stolen your debit card and checks makes use of them and steals the money in your bank account or makes big purchases.

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3 years ago
Consider a service company that provides carpet cleaning and uses straight-line depreciation. Classify the cost of the depreciat
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Explanation:

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3 years ago
Complete the following sentences:
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3 years ago
Lippo In. reports the following capital structure on its balance sheet: Debt $ 20 m, Preferred stock $ 10 m, Common stock $ 20 m
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3 years ago
Krumbly Companyuses the FIFO methodin its process costing system. At the beginning of the month, Department D's work in process
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Answer:

C) $13,200

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If all 2,000 units are fully complete by the end of the month, their total costby that time will be .$13,200 .

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