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CaHeK987 [17]
3 years ago
14

Game theory is useful in analyzing oligopoly behavior because: advertising is so common among oligopoly firms. it explains why o

ligopolies fail to make persistent profits. interaction among a few large firms are what determines the level of profits. trying to maximize profits is essentially a game in all types of markets.
Business
1 answer:
hoa [83]3 years ago
5 0
I think the answer is trying<span> to maximize profits is essentially a game in all types of markets. Oligopoly is focused on monopolizing all the markets by gaining much profit that would make it dominate the businesses. This can help players understand strategic skills in marketing.</span>
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When a 2/10 end of month discount is used on an invoice dated may 29, a discount is allowed if the invoice is paid by________
Hatshy [7]
Hi there! I think the answer is C, Hope this helps!:D














8 0
3 years ago
Business applications have moved from transaction processing and monitoring to other activities. Which of the following is NOT o
AVprozaik [17]

Answer: <em>Option (C) is correct.</em>

Explanation:

In the 21st century, business applications have come a long way. It has moved from transaction processing and monitoring to problem analysis, solution applications and other activities. Data monitoring isn't one of these activities. Since data monitoring specifically concentrates on ardently analyzing and evaluating data and also it's quality in order to make sure that it lies within the domain of the purpose.

5 0
3 years ago
Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that is lower than the minimum wage. decided b
bezimeni [28]

Answer:

a rate not less than one and one-half times the employee's regular rate of pay.

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

The Fair Labor Standards Act is a labor law of the United States of America that was authored by Ellen C. Kearns. This labor law is applicable to all employees working in the private sector, local, state and federal government agencies or civil service. It was first published in 1938 and has since then be amended on several occasions.

All of the following were addressed by the Fair Labor Standards Act (FLSA):

I. Minimum wage.

II. Restrictions on child labor.

III. Overtime pay.

An overtime pay can be defined as an amount of money that is earned by an employee for working extra hours above the normal work period or working hours.

Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that shouldn't be less than one and one-half times the regular rate of pay being received by an employee.

4 0
3 years ago
The Clayton Act of 1914 makes price discrimination, exclusive dealers, tying contracts, and the acquisition of competing compani
marin [14]

Answer:

The correct answer is the option A: True.

Explanation:

To begin with, the <em>"Clayton Antitrust Act of 1914"</em> is the name given to a law that was part of United States antitrust law regime that had the main purpose of adding further substance to it in order to prevent anticompetitive practices by the companies in the market. Therefore that this law discusses four principles of economic trade and business which were the price discrimination, mergers and acquisitions, exclusive dealings and any person who was a manager of two or more organizations at the same time. It all focused on protecting the competition from the companies that looked for becoming a monopoly.  

6 0
3 years ago
Select the correct answer.
Dima020 [189]

The correct option is A

<u>Explanation:</u>

Under the accrual basis of an accounting system, an expense has to be booked in the period in which it is incurred whether such an expense has been paid or not.

<u>The following Journal Entry will be passed in the books of accounts of a company: </u>

Wages account will be debited with an amount of 5000 and Wages Payable account will be credited with an amount of 50000

Thus, the correct answer will be option A from the given options.

5 0
3 years ago
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