Answer:
The answer is significantly.
Explanation:
Oligopoly is a market situation in which there are few sellers, selling similar goods and services and many buyers. The barriers to entry in this market in high. Example of a oligopoly market is OPEC.
The competition amongst the few sellers is high because they are selling the same thing and a change in price by one firm will significantly affect other firms in the industry. For example, if a firm reduces the price of its goods, this creates a price war and other firms to start reducing their price to match the lower price. And if another firm increases its price, consumers will switch to competitors
<h2>Buying computers refers to "listing what will be spent on items needed to start the business".</h2>
Explanation:
The given definition or terms are associated with the concept of "start up cost".
Listing what will be spent on item needed to start the business: This option also refers to a term called "asset". So buying computers is an asset to the business. No business runs without a computer and it is one of the source that brings business, make business popular, etc.
listing what will be spent on expense to start the business: This statement refers to the term called "cost"
Answer:
a. buyers of the good will bear most of the burden of the tax.
Explanation:
When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic, buyers or consumers of the good will bear most of the burden of the tax.
However, when tax is imposed on a good whose supply is relatively inelastic and the demand for the goods is relatively elastic, the producers or sellers would be responsible for the tax burden of the goods.
Generally, tax revenues are larger with respect to the inelasticity of demand and supply.
Answer:
college apps are not that expensive likr this one
Explanation:
Hi, thank you for posting your question here at Brainly. The main purpose of career clusters is to group similar careers together to aid in planning and preparation. The answer is D. The grouping of specific skills aims to provide the US schools to have a better framework.
