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
Oxana [17]
3 years ago
8

An oligopoly is a market in which a the actions of one seller in the market have no impact on the other sellers' profits. b firm

s are price takers. c there are many price-taking firms, each offering a product similar or identical to the products offered by other firms in the market. d there are only a few sellers, each offering a product similar or identical to the products offered by other firms in the market.
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
4 0

Answer:

The correct answer is option d.

Explanation:

An oligopoly is a market structure where there are a few producers producing homogeneous products or similar products which are close substitutes. Because of a few firms, there is a high degree of competition in the market.  

The market decisions of a firm affect its rivals, so all the firms are interdependent on each other.  

The firms are price makers. There is high restrictions on entry of firms in the market.

You might be interested in
The idea that an economy can get stuck in either an unemployment equilibrium or an inflation equilibrium is most closely associa
satela [25.4K]

Answer: D

Explanation:

the idea of coordination failures

8 0
3 years ago
Read 2 more answers
Which of the following is a tertiary ratio that drives profitability?
Ilia_Sergeevich [38]

The SG&A Expense/Sales is the tertiary ratio that drives profitability.

<h3>What is SG&A Expense/Sales?</h3>

This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.

As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.

Therefore, E is correct.

Read more about SG&A

brainly.com/question/26752234

#SPJ1

4 0
2 years ago
Question 13 when the total u.s. production of goods and services is divided into consumption goods and services, capital goods,
Annette [7]
Private good service. government goods service . import good service.export good service
4 0
2 years ago
BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recently decide
fomenos

Answer:

Forward integration

Explanation:

Forward integration is a type of business strategy in which the business activities should be carried forward for incorporating the complete production of the product i.e. from the raw material to the end manufacturing of the product along with the supply chain and its logistics. In this, the supplier of the raw material should extend the business to the end manufacturing of the product

So as per the given situation, it is a forward integration

8 0
2 years ago
Olsen Company uses a standard cost system for its production process. Olsen Company applies overhead based on direct labor hours
Digiron [165]

Answer:

1800

Explanation:

5 0
2 years ago
Other questions:
  • A marketing representative wants to estimate the proportion of people in a state who like the new design on the packaging of a c
    7·2 answers
  • If overstock.com earns a rate of return exactly equal to what is necessary for it to continue​ operations, then its
    12·1 answer
  • What pricing strategy is usually the rule in an oligopolistic industry that a few firms​ dominate, which might be in the best in
    8·1 answer
  • Nick purchased a $100,000 participating whole-life insurance policy on his life. To date, he has paid $50,000 in total premiumsa
    10·1 answer
  • After working for a large firm for several​ years, tyler started his own landscaping design business.​ however, he soon ran out
    15·1 answer
  • Clinton and Trump on fiscal policy In the 2016 Presidential election​ campaign, both Hillary Clinton and Donald Trump committed
    9·1 answer
  • Suppose there are three factories in Macroland and the following occurred in 2019: Metal, plastic and a car factory. Metal facto
    15·1 answer
  • Which of the following is NOT a repayment plan option? What is the answer
    13·1 answer
  • IKEA is very Sweden-centric; that is, they like doing it the Swedish way, from the names of the furniture to the management of t
    7·1 answer
  • Which of these statements are Red Flags that may signal Colleague
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!