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3 years ago

What is the difference between an Oligopoly and a Monopoly?

1 answer:

8 0

A monopoly and an oligopoly are economic market structures where there is imperfect competition in the market. A monopoly market contains a single firm that produces goods with no close substitute, with significant barriers to entry of other firms. An oligopoly market has a small number of relatively large firms that produce similar but slightly different products. Again, there are significant barriers to entry for other enterprises.

The geographical size of the market can determine whether there is an oligopoly or a monopoly. A firm may dominate an industry in a particular area where there are no alternatives to the same product but have two or three similar companies operating nationwide. Thus, the firm may be a monopoly in a region but operate in an oligopoly market in a larger geographical area.

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Kasravi Co. had net income for 2018 of $800,000. The average number of shares outstanding for the period was 300,000 shares. The

navik [9.2K]

Answer: $2.64

Explanation:

Based on the information given in the question, the outstanding diluted share will be calculated as:

= 300,000 + 15000(5/30)

= 300000 + 15000(0.16667)

= 300000 + 2500

= 302500

The amount that Kasravi Co. should report for diluted earnings per share for the year ended 2018 will be calculated as:

Diluted Earning per share = Net income /outstanding diluted share

= $800,000 / 302,500

= $2.64

ANSWER = (c) $2.64

7 0

3 years ago

You have driven 800 miles on a vacation and then you notice that you are only 15 miles from an attraction you hadn't known about

Semenov [28]

you get out of the car take a photo and get back in and drive

i dont know if you want to use this answer btw

5 0

3 years ago

BPS reported the following data for its first year of operations: Sales Revenue $8,000 Cost of Goods Available for Sale 6,200 Op

Fittoniya [83]

Answer:

D. $952

Explanation:

The computation of the net income in the case when the LIFO is elected

Particulars AMount

Net sales $7,232 ($8,000 - $640 - $128)

less : cost of goods sold ($6,200 - $820) $5,380

Gross Profit $1,852

Less: Operating Expenses $900

Income before taxes $952

less: Income tax $0

Net income $952

Hence, the net income is $952

5 0

3 years ago

A work team can be empowered by keeping roles independent and separate from one another. authorizing the team to make decisions

Olenka [21]

Answer:

Authorizing the team to make decisions traditionally made by managers.

Explanation:

That gives them a sense of leadership and knowing that certain ideas and contributions they make will eventually be valid. It fuels their energy to do more and that helps the company grow which is what the management looks out for.

8 0

3 years ago

Refined Grains, Inc., agrees to sell to Sunny Cereal Company a certain quantity of refined oats each week but no mention is made

ICE Princess25 [194]

Answer:

Option A

Explanation:

As per the uniform commercial code set by the appropriate government agency of America, delivery of any commodity whether tangible or intangible should take place at the business facility of the supplier. Such facility could be a warehouse or a shop etc. However this is a guideline and not a rule which must be followed.

Thus, from the above we can conclude that the correct option is A.

4 0

3 years ago