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Dvinal [7]
4 years ago
7

Three separate oligopolists in the same industry serve a city. company a is the dominant firm in the industry and produces a lar

ge share of the total output in the industry. companies b and c are rival firms, but they are much smaller than company
a. company a sets its price at a level that maximizes its own profits. according to the theory of price leadership, what will companies b and c likely do
Business
1 answer:
olganol [36]4 years ago
4 0
<span>They will Set prices to match Company A
According </span><span>to the theory of price leadership, there will always be a company that become a market leader in determining the market's standard for acceptable price upon a certain product.
Usually, the most dominant company took this position because they had the capability to manufacture large quantity product to obtain cheaper price</span>
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Thanks to cell phones, global refugees can be aided better due to cell phones providind c. migration statistics.

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Cell phones have allowed refugees to keep in contact with the outside world which allows their location to be tracked.

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5 0
2 years ago
Chris Co. produces sports equipment and is currently producing 1,000 mini long boards annually. A supplier has offered to produc
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Answer: $305

Explanation:

The avoidable production cost for Chris to produce one mini long board goes thus:

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= $305

6 0
3 years ago
What has been the impact of offshore outsourcing of jobs on American workers?
kiruha [24]
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5 0
4 years ago
What was the name given to the trade system where finished manufactured goods were sent to africa in exchange for slaves who wer
Alex Ar [27]
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7 0
3 years ago
Accounts receivable in an existing business:
Artemon [7]

Answer:

The correct answer is letter "A": are rarely worth their face value.

Explanation:

Accounts receivables are notes issued to customers after selling them a product or rendering services on credit. The repayment term may vary from 30, 60 or 90 days. If an account receivable is not paid after that period it could be considered as an uncollectible account which implies the company will incur losses.

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