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S_A_V [24]
3 years ago
11

In markets characterized by oligopoly,

Business
1 answer:
Tju [1.3M]3 years ago
4 0

Answer:

d. the oligopolists earn the highest profit when they cooperate and behave like a monopolist.

Explanation:

An oligopoly is when there are few large firms operating in an industry.

When oligopoly firms come together and agree to set a price, they are known as cartels and are acting as a monopoly. Firms in a cartel earn the highest profit because they act as a monopoly compared to when they aren't in a cartel and each firm sets their own prices to maximise profit. In a case where firms in an oligopoly do not form a cartel, they engage in price wars and other forms of competition which might make firms earn lower profits compared to when they are in a cartel.

Collusive agreements aren't always binding. Firms might have incentives to cheat on the agreement if the payoff from cheating is higher than not cheating.

I hope my answer helps you.

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Which of the following is true about checks?
tankabanditka [31]

Incomplete question. Here's the remaining question;

A. It is a two-party instrument.

B. It necessitates that the seller has to be both the drawer and the payee.

C. It is always payable on demand.

D. It requires that the drawer is holding the drawee's money.

Answer:

C

Explanation:

Note that, to be always paid on demand implies that any time a request is made (demanded) to the bank will be fulfilled.

Therefore, an individual has a sense of security using checks to receive payments.

4 0
4 years ago
Tony borrows $1300 at an annual interest rate of 6.0%. He receives the loan on the first day of the current month and will make
Vladimir [108]

Answer:

Tony will pay interest of $6.50 as part of the first loan payment.

Explanation:

Amount of Loan = $1300

Annual Interest  = 6%

Monthly interest rate = 6% / 12 = 0.5%

Monthly Loan Payment = $57.62

Monthly installment is compromised of the interest payment on the due balance and the principal payment.

Interest payment in first installment = $1300 x 0.5%

Interest payment in first installment = $6.50

Principal portion of first installment = $57.62 - $6.50

Principal portion of first installment = $51.12

4 0
3 years ago
Todd leaves his babysitter, Zach, a voice mail message saying, "I need someone to watch little Joey and Hilary on Friday night.
Harman [31]

Answer:

No, because silence under these circumstances will not constitute acceptance.

6 0
3 years ago
Because of threat of misstatement due to inaccurate cutoff of sales records, auditors should compare the sales recorded for seve
Svetradugi [14.3K]

After the balance sheet date with duplicate sales invoices and shipping documents.

<h3 /><h3>What is the risk of material misstatement?</h3>

The risk of major misrepresentation is the possibility that an organization's financial statements contain significant errors. Auditors evaluate this risk at the two levels listed below. The level of detection risk is reduced when the danger of material misstatement is high (increases the amount of evidence obtained from substantive procedures). The risk of an audit is decreased as a result.

To know more about misrepresentation visit:

brainly.com/question/28964131

#SPJ4

4 0
2 years ago
Portfolio AB was created by investing in a combination of Stocks A and B. Stock A has a beta of 1.2 and a standard deviation of
deff fn [24]

Answer:

C. Portfolio AB has more money invested in Stock A than in Stock B.

Explanation:

Beta coefficient is used to measure the systemic risk of an investment, while standard deviation is employed to measure the total risk of an investment.

Under a portfolio investment decision making, beta coefficient is the relevant measure of risk to consider because its only aim is to put the undiversifiable risk into consideration.

Therefore, Portfolio AB has more money invested in Stock A because it has lower beta of 1.2 than in Stock B has a higher beta of 1.4.

6 0
3 years ago
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