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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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In an establishment that serves alcohol for on premise consumption and gets less than 50% of its gross receipts from alcohol sal
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Answer:

A. True

Explanation:

As we know that the license is been provided that serves alcohol for on-premise consumption and gets less than 50% of its gross receipts from alcohol sales, a cashier can be less than 18 years as well, according to the establishment. The establishment clearly mentions that it acquires less than 50 percent of its total receipts and a cashier can be less than 18 years. The given statements are true.

7 0
3 years ago
An owner withdrawal of $20,000 would_______.
brilliants [131]

An owner who withdraws an amount of $20000 would lead to decrease in the assets and the owner's equity by $20000.

Answer: Option D.

<u>Explanation:</u>

Assets are the things which are owned by the owner of the organisation and provide economic benefits. Liabilities are things which are the obligation on the owner of the company that he has to pay off. Equity is the share of the share holder of the company.

If an owner with draws or takes out money from the business for the personal use, it would lead to the decrease in the amount of the assets of the owner. It would also lead to the decrease in the amount of equity of the owner because he has taken out his share from the business for his personal use and not for the business.

7 0
3 years ago
Jerilu Markets has a beta of 1.09. The risk-free rate of return is 2.75 percent and the market rate of return is 9.80 percent. W
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Answer:

7.68 percent

Explanation:

Calculation to determine the risk premium on this stock

Stock risk premium = 1.09 (0.098 - 0.0275)

Stock risk premium = 1.09(0.0705)

Stock risk premium= 7.68 percent

Therefore the risk premium on this stock is 7.68 percent

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2 years ago
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Answer:

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Explanation:

8 0
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Jason is shopping for a new car. He completes new credit applications at four different dealerships. Will this affect his credit
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Applying for a loan in each of the dealerships he visited will have negative consequences on his credit score.

The credit score is a term to refer to the score that people have toward the financial system. The credit score is a kind of business card for each person regarding their financial life.

One of the most common mistakes people make is when they make multiple credit applications when they intend to buy something because this is a bad practice for their credit score.

For example, if Jason completed credit applications in four different dealers, his score may drop because the entities that are going to lend him the money consider this activity as something negative.

In addition, people who apply for loans in different entities are generally forced to do so because they are denied the possibility of credit, that is, they have an unfavorable history to access a loan.

Learn more in: brainly.com/question/16663880

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