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3 years ago

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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If unnecessary government borrowing (deficit spending) and high tariffs are both harmful to the economy, why do governments in d

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The correct answer for the question that is being presented above is this one: "D. Most politicians do not care about helping the people become more prosperous."

Here are the following choices:
<span>A. Politicians will follow bad economic policies in order to attract votes.
B. Most politicians have a very poor understanding of the principles of economics.
C. Politicians do not care about what is good for their citizens.
D. Most politicians do not care about helping the people become more prosperous.</span>

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3 years ago

Frank and lillian gilbreth developed the principle of _________, which said that every job could be broken down into a series of

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3 years ago

Q2. Management is equally important to run a political organisation as it is to run an

Alex787 [66]

Answer:

Q2. B

Because a management is basically Base of separation of powers where all organs get work to do

Q3. A

Q4. B

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3 years ago

Arundel Company uses aging to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts Receivable has

Ipatiy [6.2K]

Answer:

After the adjusting entry is made, Allowance for Doubtful Accounts balance is a credit balance of $22,290

Explanation:

Arundel Company uses aging to estimate uncollectibles.

Estimated uncollectibles = $250,000 x ( 1 - 99.5%) + $70,000 x (1 - 91%) + $30,000 x (1 - 73%) + $8,000 x (1 - 17%) = $1250 + $6,300 + $8,100 + $6,640 = $22,290

The current unadjusted Allowance for Uncollectible Accounts balance is a debit balance of $2,000.

Bad debt Expense = $22,290 + $2,000 = $24,290

The adjusting entry:

Debit Bad debt Expense $24,290

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After the adjusting entry is made, Allowance for Doubtful Accounts balance is a credit balance of $22,290

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3 years ago

a. government control of the market.b. market forces working through the price mechanism.c. the money supply that serves to keep

Sergeu [11.5K]

Complete Question:

The "invisible hand" using Adam Smith's terminology refers to

a. government control of the market.

b. market forces working through the price mechanism.

c. the money supply that serves to keep the economy working smoothly.

d. the role of innovation in maintaining a steady rate of growth.

e. "behind-the-scenes" policy making to influence how markets allocate scarce resources.

Answer:

The "invisible hand" using Adam Smith's terminology refers to Market forces working through the price mechanism.

Explanation:

The invisible hand is the in observable market force, which helps demand and delivers goods automatically to balance in a free market.

Description: In his book ' The Wealth of Nations ' Adam Smith implemented the phrase of the invisible hand.

An invisible hand that defines the processes through which favorable social and economic effects that emerge out of the self-interested behaviors obtained by individuals, who have no intention of producing such results. The term developed by the eighteenth-century British philosopher and economist Adam Smith.

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3 years ago