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3 years ago

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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Answer:

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ludmilkaskok [199]

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3 years ago

When does a payday loan typically mature?

Rama09 [41]

Answer:

After the borrower's next check.

Explanation:

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Parido Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the beginning

Ivan

Answer:

Allocated MOH= $26,372

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total fixed overhead= 48,200

Total variable overhead= (1.9*8,000) + (3*2,000)= $21,200

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Predetermined manufacturing overhead rate= $6.94 per machine hour

<u>Now, we can allocate overhead to Job H:</u>

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3 years ago

If your co-worker sends you $30 each week via Cash App for lunch and you transfer it to your bank account instantly (1.5% fee),

EleoNora [17]

Answer:

$23.4

Explanation:

Each week, the co-worker sends $30, the feed for transfers is 1.5%. The charges per week are

=1.5 % of $30

=1.5% x $30

=0.015 x $30

=$0.45

One year has 52 week, The charge per year will be

=$0.45 x 52

=$23.4

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