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Mazyrski [523]
3 years ago
5

Three large firms dominate the telecommunication industry of United Canava: AD Telecom Inc., Mystic Telecom Corp., and Total Tal

k Inc. Instead of cutting prices competitively, these firms have resorted to non-price competition through branding and product differentiation. Which of the following industry competitive structures are these companies most likely in?
a. monopoly
b. perfect competition
c. monopolistic competition
d. oligopoly
Business
1 answer:
Nadusha1986 [10]3 years ago
7 0

Answer:

d. oligopoly

Explanation:

An oligopoly is a market structure with very few suppliers that dominated a large market. The few firms sell a homogeneous or differentiated product. Due to their few numbers, each firm can set its price. Oligopolies are characterized by heavy advertising. The firm usually collaborates to attain maximum benefits from the markets. Other characteristics of an oligopoly.

  1. Barriers to entry: Other firms may find it hard to enter the market due to market domination by the existing firms and high start-up costs.
  2. Interdependence of firms
  3. Non- price competition
  4. A large number of consumers
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The responsibility for answering the phones and filing correspondence in addition to the tasks is an example of extension.

<h3>What is an extension?</h3>
  • An extension refers to doing an even wider range of tasks in addition to the tasks assigned.
  • Task switching is a sort of multitasking that involves switching between several abilities, tasks, or cognitive sets.
  • Multitasking is the practice of dividing one's attention among several skills, tasks, or cognitive sets.
  • The process of working as an extension involves interspersing and overlapping the execution of various programs. This is frequently accomplished by taking advantage of the discrepancy between a computer's quick processing power and its slower input/output devices.
  • If necessary, put off other chores so that one may focus entirely on the important ones when working as an extension.
  • In order to do the assignment on time, one may need to make wise choices, such as calling off a meeting. A good leader may change with the times and deviate from the norm to deal with the problems at hand.

To learn more about Multitasking refer to:

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7 0
2 years ago
The classic quote from the movie Field of Dreams, "If you build (produce] it
-BARSIC- [3]

The correct answer is A. Say's Law

Explanation:

Say's Law proposed by the economist Jean-Baptiste Say establishes the supply (availability of a product) or the production itself is the factor that creates demand (customers willing to buy the product). For example, the production of a new model of cellphone or computer makes people want to buy the new model. This idea is expressed by the quote "If you build (produce] it  they will come [purchase]" because in the quote it is explained the production of something make people go to buy that product.

6 0
3 years ago
If the cost of goods sold is more than the cost of goods manufactured, then
ivann1987 [24]

Answer:

C. Finished Goods Inventory has decreased.

Explanation:

Cost of goods manufactured (COGM) increases when finished goods inventory is <em>produced</em>, while cost of goods sold (COGS) increases when finished goods inventory is <em>sold</em>. If COGS has been increasing faster than COGM has been increasing, the company has been selling more goods than it has been producing. Therefore, it must have sold goods from its surplus of finished goods inventory. Thus, finished goods inventory has decreased.

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In which movie would you hear the song 'Hakuna Matata'?
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Answer:LION KING

Explanation:

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3 years ago
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[Disappointing Boat Purchase] Ava went to purchase a new boat. She wanted a boat she could use in a nearby lake and also take to
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Answer:

Implied warrenty

Explanation:

The sale itself constituted an implied warranty of merchantability but not an express warranty or a warranty of fitness for a particular purpose.

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