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krok68 [10]
3 years ago
10

Which of these is a characteristic shared by both oligopolies and monopolies?a. Normal profits in the long runb. Significant bar

riers to entry into the marketc. Mutual interdependenced. A few dominant firms in the industry
Business
1 answer:
sveta [45]3 years ago
8 0

Answer:

The characteristics which is shared among both monopolies and oligopolies is that they have significant barriers to the entry into the market.

Explanation:

Oligopoly market is the market structure which have  a small number of firms, and could not have significant influence. The market have the barriers for entering into the market.

Monopoly market is the one which have a market structure having a single seller, selling the unique product, faces no competition and no substitute available with customers. In this market, there is also barriers for entering into the market.

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horrorfan [7]

Answer:

This statement is describing demand pull inflation.

Explanation:

If the aggregate demand increases the demand curve will shift rightwards. But if the increase in demand is higher than increase in supply this will lead to an increase in the price level. The output level will increase but constant increase in price will cause inflationary pressures. This is referred toa as demand-side inflation.

4 0
3 years ago
The most important elements in a business model include all of the following except: A. Selecting a growth strategy B. Verifying
worty [1.4K]

Answer:

Option A    

Explanation:

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A creative technology company must include a business plan, if only to draw funding, help it retain talent, and inspire leaders and managers. Established companies frequently have to review and revise their operating strategies, or struggle to predict emerging developments and obstacles. Investors will study and analyse the corporate strategies of all businesses that are involved in them.

Choosing a development procedure for growth is not really a part of a business framework, but a point of performance of the growth model. Other choices specifically address which kind of goods should be selected in a company with which specific market group and how you'd like to benefit from your package's particular quality.

4 0
4 years ago
Chris and Jordan are a two-person household. Chris's market hourly wage is $40, but Chris can also produce $20 of household prod
andrezito [222]

Answer:

A. Jordan specializes in household production, while Chris specializes in marketplace work.

Explanation:

Chris and Jordan both can work for their household. The best way is to achieve maximum utility by using the combination of their skills. Chris can go for household work and Jordan can go for marketplace work. They both can use combination of their specialization to achieve maximum utility.

6 0
3 years ago
On the first day of the partnership's tax year, Karen purchases a 50% interest in a general partnership for $30,000 cash and she
tamaranim1 [39]

Answer:

D) $60,000

Explanation:

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5 0
3 years ago
The theory that quantity supplied and price are positively related, other things constant, is referred to as the law of: opportu
vova2212 [387]
The theory that quantity supplied and price are positively related, other things constant is referred to as the law of supply. The law of supply states that when there is an increase in the prices of goods and services there is also an increase in the supply of such goods and services.
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4 years ago
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