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.
Answer:
Net Fixed Assets remains fixed
Explanation:
The reason is that the company will not desire to increase its investment if the net fixed Assets does not increases the production capacity so the net fixed assets will remain the same for period. The depreciation will be the same for the year required it is not production dependant. Net fixed assets also doesn't changes with the changes in production and debt to equity level. It remains fixed for the period.
Answer:
The purchase should stay the same or even increase its number.
Explanation:
To begin with, due to the fact that the income elasticity of peanut butter is exactly -0,7 then that good is inferior and because of that when the income drops by 15 percent next year then the consumer will still be buying the product but in a more frequent way due to the fact that if the income decreases then the demand of that product that tend to be inferior will be available for everyone. That is why, as a manager you should continue to buy peanut butter.
Answer:
e. All of the above
Explanation:
All options are possible certainly. The unions have the right to ask the employees to participate with the expectation that entitlement may follow from the study results. The study results are certainly going to ensure entitlement. Also, the employer might encourage or deny the participation of the workers as this is management work. It is on the employer that he allows or denies the employee from taking part in the meeting. Also, the employee might be pressurized by the management to take part in the study as the employer perceives the study are advantageous to the organization. This is a certainty as well, an employer might see profit in this. And the studies will affect the employee's pay, benefits as well as the promotion potential. The meeting is certainly going to increase employee's pay as well as provide him various benefits, and there are chances of promotion as well. Hence, all the options are correct.
