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igomit [66]
4 years ago
14

Which situation could be the best example of an oligopoly?

Business
2 answers:
AURORKA [14]4 years ago
5 0

Answer:

B. A new producer of a smart phone operating system is trying to enter the market but cannot because most cell phone makers use one of two popular operating systems.

Explanation:

I got it correct on Edg.

Darya [45]4 years ago
3 0

Answer:

The answer is most likely A. new producer of power tools has entered the market and is relying on low prices to attract consumers.

Explanation:

In an oligopoly, there is only a handful of companies operating in the industry and they all present similar types of goods and services (but they can differ too)

The goods and services are closedly priced in an oligopoly market. This means that the price between the goods offered by the companies in the market do not change much between the companies.

So a new manufacturerentering the market has to use a market penetration strategy and set the prices low.

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Why do you think effective planning is necessary in achieving our objectives?
MakcuM [25]

Answer:

yes by planning we can be success and can get instructions oursrlves

8 0
3 years ago
Failure to record the adjusting entry for deferred revenue now earned causes liabilities on the balance sheet to be what
zlopas [31]

Answer:

overstated

Explanation:

Adjusting entry is a term used in the accounting process, which describes journal entries usually carried out at the end of an accounting period to assign income and expenditure to the period in which they actually happened.

However, the journal entry to identify a deferred revenue is to debit or increase cash and credit or increase a deposit or another liability account.

Hence, Failure to record the adjusting entry for deferred revenue now earned causes liabilities on the balance sheet to be what OVERSTATED

8 0
3 years ago
All of the following are true statements about the economy of the middle colonies, EXCEPT:
gayaneshka [121]
The right answer for the question that is being asked and shown above is that: "d. Disease killed more people in the middle colonies because of its cooler climate, resulting in a labor shortage." All of the following are true statements about the economy of the middle colonies, EXCEPT Disease killed more people in the middle colonies because of its cooler climate, resulting in a labor shortage.<span>
</span>
8 0
4 years ago
. Distinguish between the short run and the long run as they relate to macroeconomics. Why is the distinction important
STALIN [3.7K]

Answer:

1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.

2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.  

Explanation:

Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.

In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.

5 0
3 years ago
Information on a prospective investment for Wells Financial Services is given below. Period 1 2 3 4 Loan Funds Available 3000 70
Harman [31]

Answer:

Let Lt = Loan in period t , t= 1...4

It = Investment in period t, t= 1...4

These are the decision variables

The objective is to maximize the net income which is the difference between Loan and investment in period 4

Investment income in period 4 = 110% of I4 = 1.1I4

Expense and loan in period 4 = 1.085 L4

So,

Maximize Z =  1.1I4-1.085 L4

Constraints

L1<= 3000

I1<= 4500

L1-I1= 100( Payroll payment)

L2<= 7000

I2<= 8000

L2+1.1I1-1.085L1-I2=120

L3<=4000

I3<= 6000

L3+1.12I2-1.085L2-I3=150

L4<=5000

I4<=7500

L4+1.13*I3-1.085L3-I4=100

1.10I4-1.085L4>=0

Lt, It>=0

Putting this in excel sheet,

See remaining part in pictures attached.

Explanation:

See pictures attached.

7 0
3 years ago
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