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xxTIMURxx [149]
3 years ago
7

Which of the following is NOT a necessary condition for oligopoly? differentiated products barriers to entry strategic dependenc

e of firms either a small number of firms or market dominance by a small number of firms
Business
1 answer:
stepladder [879]3 years ago
8 0

Answer:

differentiated products.

Explanation:

An oligopoly occurs when a few large firms dominate a market and they aim to maximise profit. The action of one firm has significant effect on the market, so the firm's are interdependent.

There are high barriers to entry including use of government liscences, patents, economies of scale, and actions taken by firms to discourage entry into the market.

However differentiation of products is not a necessary condition for oligopoly. Products can be homogenous or differentiated.

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It’s C because all the numbers add up to be it and so it is and just saying don’t listen to this answer cause I guessed
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3 years ago
People who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equil
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Answer: structurally unemployed

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3 years ago
What percentage of greek students would participate in a hazing activity, even if it made them uncomfortable?
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Less than 10% is the percentage of Greek students that would participate in a hazing activity, even if it made them uncomfortable. This percentage is justifiable because student participation in hazing activities is prohibited and the accompanying danger to physical and mental health induced to a student is one factor that makes it more off-putting.

4 0
3 years ago
It is important to manage customer relationships because customers provide a great deal of value to the company if they remain c
qwelly [4]

Answer:

Customer lifetime value predicts how much profit is associated with a customer during the course of their lifetime relationship with a company.

Explanation:

It is important to manage customer relationships because customers provide a great deal of value to the company if they remain customers for many years.

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7 0
3 years ago
In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory of $24,600 and endin
oksian1 [2.3K]

Answer:

Cost accounted for= $300,000

Explanation:

Giving the following information:

beginning work in process inventory of $24,600

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The cost to be accounted for is the cost incurred during production and send to finished goods inventory. Therefore, we need to use the following formula:

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3 years ago
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