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MissTica
3 years ago
9

An oligopoly arises when _ have all or most of the sales in an industry. If oligopolists with the same marginal costs and no fix

ed costs compete against each other in price, it leads to all firms _.
a) A few large firms; making a loss

b) Many small firms; making large profits

c) A few large firms; making zero profit

d) Many small firms; making zero profits
Business
1 answer:
just olya [345]3 years ago
7 0

Answer:

The correct answer is letter "D": Many small firms; making zero profits.

Explanation:

An oligopoly is when the market is controlled by a small group of two or more firms. Businesses in an oligopoly can agree in price collusion and create barriers to entry for new commerce. When they compete against each other they act like perfect competitors which generate a price dropdown and causing zero profits for the firms.

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Assume that an investor purchased a put option on BP with an exercise price of $1.900 for $0.0215 per unit. There are 31,250 uni
vladimir1956 [14]

Answer:

a. $203.125

Explanation:

Calculation to determine the net profit/loss on this option to the investor

Net profit/loss=((1.900 - 1.885) - 0.0215)(31,250)

Net profit/loss=(0.015-0.0215)*31,250

Net profit/loss=0.0065*31,250

Net profit/loss=$203.125

Therefore the net profit/loss on this option to the investor will be $203.125

8 0
3 years ago
The primary purpose of managerial accounting is to prepare financial statements in accordance with a reporting framework (e.g. G
Contact [7]

Answer:

False.

Explanation:

There is no specific rule for managerial accounting like GAAP. GAAP is the accounting principles set for financial accounting and not managerial accounting. The main and primary purpose of managerial accounting is to help the managers of an organization to analyze the exact cost that is incurred in the production of sale-able goods and services. This accounting is done completely as per the convenience and discretion of the managers of a company and not by any specified rules and norms.

3 0
3 years ago
module 3 BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recent
maria [59]

The correct answer to this open question is the following.

You forgot to include the options for this question. However, we can answer the following.

This scenario best illustrates forward integration.

This is a case of forward integration because BlockWood Inc., which was facing similar difficulties with other buyers too, eventually stopped supplying raw materials and took to manufacturing furniture instead. SO they decided to fabricate their own furniture.

Companies make this decision as a process of vertical integration to expand and grow their business. In this case to produce and control their own products, eliminating the retailer that had decided to pay less money for the raw materials.

So now, Blockwood Inc. has the challenge to design and sell the products it is fabricating.

6 0
2 years ago
In an effort to increase customer loyalty, management at Phat International has worked to create a personal dialogue with their
STALIN [3.7K]

Answer: Appropriate/accurate relationship marketing

Explanation:

Relationship marketing refers to the scenario where producers build a bonding with customers in rider to improve services they offer to the customer and producing high quality products based what the customers demand for. The aim of these marketing strategy is to maintain existing customers who can recommend potential customers to use the product, also they are other services attached like Promo and bonuses which are used to encourage consumers. Phat strategy used on his customers is known as Accurate relationship marketing.

5 0
3 years ago
Consider an overlapping generation set up with pay-as-you-go social security system in a hypothetical economy. There are 100 old
Mandarinka [93]

Answer:

a) 3%

b) the new workers contribute 16,068 dollars

c)$160.68 each

d) the old workers contribute 15,000 when they made his contribution

e) rate of return 7.12%

Explanation:

growth rate: the increase in the workforce:

103 new workers / 100 retired - 1 = 0.03 = 3%

103 workers x 1,040 each x 15% = 16,068

assuming no other employee:

$16,068 pension fund / 100 retired persons = 160.68 dollars each

100 workers x 1,000 each x 15% = 15,000

e) the old retire contribute:

1,000 x 15% =  150

they receive 160.68

rate of return:

160.68 / 150 - 1 = <em>0.0712</em>

5 0
3 years ago
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