Except for college book stores, all of the following are examples of oligopolistic markets.
An oligopolistic market (also known as an oligopoly) is characterized by the dominance of a small number of businesses that provide comparable products and services over a large number of others. In an oligopolistic market, there are few competitors, which limits competition and enables every firm to thrive. The environment often encourages cooperative behavior and regular business ties between companies.
It's crucial to keep in mind that oligopolistic enterprises are those that do business in oligopolistic markets. Businesses typically determine trends and pricing by establishing alliances and agreements that set prices higher than the marginal costs of the dominant firms. It implies that businesses operating in an oligopoly fix prices to maximize their own profit. In the end, it results in alliances and partnerships that help them and other businesses, particularly smaller ones engaged in the same market or sector, succeed.
If one company in a market cuts the prices it charges for goods and services to achieve the best possible increase in sales, firms that are directly competing usually do the same, frequently igniting a price war. Oligopoly firms typically avoid engaging in such pricing wars and instead invest more funds in research to enhance their products and services and in advertising that emphasizes their advantages over rival firms selling comparable goods and services.
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Answer:
1. Cash
2. Accounts Receivable
3. Inventory
4. Prepaid Expenses
5. Short-term investments
The correct answer is E; job structure and pay level.
Further Explanation:
Each company has different jobs and pay for their employees. Many workers start a job at entry level positions and will rise higher in the company the more time they are there.
Each job will pay differently and each job will have different levels of pay. This is how the pay structure is established in large companies. State and Federal government jobs always operate on a pay structure such as this.
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Answer:
A trust created while a person is still alive is called a Living Trust. The Living Trust is created when one person, a Grantor, places property into the trust.
Explanation:
Answer:
REVENUES
Explanation:
Revenue, often referred to as sales, is the income received from normal business operations and includes discounts and deductions for returned merchandise. It is the top line or gross income on a company's income statement from which all charges, costs, and expenses are subtracted to arrive at net income.
