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docker41 [41]
3 years ago
10

What is an example of an oligopoly?

Business
1 answer:
Andreas93 [3]3 years ago
5 0

Answer:

An oligopoly is a market sector where very few people can compete with

Example would be where a market has 50 competitors and 3 markets make up 90% of the market, therefore it is an oligopoly

Explanation:

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The forecasted sales pertain to Arrow Corporation: Month Sales September $400,000 October 320,000 Finished Goods Inventory (Augu
Andreas93 [3]

Answer:

68,000 units

Explanation:

The computation of the number of units that produced in september is given below;

The sales units at September is

= $400,000 ÷ 5

= 80,000 units

And, the october sales units is

= $320,000 ÷ 5

= 64,000 units

So, the production should be

= Ending finished units + sales units - beginning finished units

= (25% of 64,000 units)  + 80,000 units - 28,000 units

= 16,000 units + 80,000 units - 28,000 units

= 68,000 units

7 0
3 years ago
Workers at nuclear power plants wear film badges to _____.
Studentka2010 [4]
Workers at nuclear power plants wear film badges to determine and measure their exposure to radiation. It is important for them to monitor their exposure to ionizing radiation. Through this method, workers can determine whether the radiation levels are already too dangerous or not.
4 0
4 years ago
Read 2 more answers
During the recession of 2007-2009, the U.S. economy was experiencing a decrease in home prices and consumer wealth, a credit cri
Stels [109]

Answer:Answer The business sector (b)The policy option is the fiscal policy

Explanation:

Recession can be defined as a state of economic declines in a country which in turn lead to decline in the GDP of a country as well as increase in the rate of unemployment in the country. It is a period of slow business activities in the country which can last for period of six months or a year depending on the quick response of the handlers of the economy to quickly put the situation under control. It is a period of slow growth in the economy. In a period of recession, the business sector experience lack of credit facility which arise due to the inability of the banking sector of the economy to lend to the business sector.. during these period there is a decrease in consumer spending, in the sense that, the demand for goods and services by the households will reduced drastically as a result of the reduction in the purchasing power of the people.

However, with a view to bring the economy under control, the policy option to be adopted is the fiscal policy in which the government can increase their spending on the economy, The fiscal policy also includes the reduction of the income tax as a way of increasing the purchasing power of the people. In addition, The banking sector will also be encouraged to start lending to the business sector as a way of boosting the economy and bring back the economy to the path of growth.

3 0
4 years ago
Why do southeast asian farmers continue to practice slash-and-burn agriculture and shifting cultivation?
vovangra [49]
For all the technology coming out of China today, its rural community is still very primitive. Farmers in the Western World have found ways to scientifically improve their growing techniques. Crop rotations allow for nutrient rich plants to regenerate the soil every other year. Also letting a field go fallow one years allows for recovery of soil. There are many other ways the West is improving their crops and educating new farmers in agriculture science. However, southeast Asian farmers to do not have access to this technology or sometimes computers/internet. They are using the same techniques that they have for over a thousand years. Until education is available for them or they are taught different they will continue to use the same techniques taught by their father. Even to the detriment of their land. 
4 0
3 years ago
Determine fixed​ cost, F; average variable​ cost, AVC; average​ cost, AC; marginal​ cost, MC; and average​ fixed-cost, AFC. The
Rom4ik [11]

Answer:

Fixed Cost Function = Average Cost - Average Variable cost

Explanation:

A fixed cost is the one which does not changes with the level of production. These cost are irrelevant to number of units production. It is not affected by the units produced and sold. The change in fixed cost does not affect the marginal cost. The marginal cost is the variable cost that is incurred by producing one more unit. These costs are affected by the level of production.

5 0
3 years ago
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