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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.

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raketka [301]

Answer:

B) raise costs and increase demand for its product

Explanation:

A monopolistic competition is when there are many firms operating in an industry. The firms sell differentiated goods and set the market price for their goods and services.

Monopolistic competition engage in advertisement to increase the awareness for their goods.

If advertising is successful , it increases the demand for their goods and services.

Advertising also increases the cost of production.

I hope my answer helps you.

5 0
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A registered representative says in a conversation with a prospect that a certain mutual fund "has no initial sales load." The f
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Explanation:

7 0
2 years ago
6.
Vikki [24]

Answer:

Brand performance

Explanation:

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Therefore, brand performance is the concept that describe how well a market fulfills customers needs.

The answer is D

6 0
3 years ago
What are the four basic factors that effect workplace safety?
andre [41]
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8 0
1 year ago
In large high rise condominiums, each unit is owned by individual owners. The elevators, parking garage, and swimming pool are c
Arlecino [84]

Answer:

B. common area elements

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In condominiums, the elevators, parking garage, and swimming pools are collectively shared by residents, and they all pay for the maintenance of these properties. Therefore, they can be said to be Common Area elements. Common Area elements can be found in residential, business and Government-owned properties.

5 0
3 years ago
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