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Maslowich
3 years ago
12

Why is competition limited in an oligopoly

Social Studies
2 answers:
dimulka [17.4K]3 years ago
5 0
The reason why it is so limited is because there is such a small amount of sellers and producers
Salsk061 [2.6K]3 years ago
5 0
<h2>High entry costs prevent new producers from entering the market.</h2><h3>Explanation:</h3>

An oligopoly is a kind of business wherein a surprisingly few numbers of producers produce nearly the whole supply of goods used by the people. Establishing up a brand and inciting enormous set-up expenses such as installing up production plants and mutable expenses like wages of workers related to different brands is very very hard as it requires billions of dollars.

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2. The Hershey's Kiss is made from raw materials from different parts of the world. It is also distributed to people all over th
kupik [55]

Answer: The answers are provided below.

Explanation:

Global trade also known as international trade is the exchange of goods, and services across the international borders. Global trade represents an important share of the gross domestic product of an economy.

Global trade between countries lead to increase in a country's living standards, by providing employment opportunities and enabling consumers enjoy a greater variety of goods.

Furthermore, global trade increases competition and also lowers world prices, thereby providing benefits to consumers as a result of the increase in the purchasing power of their income.

6 0
3 years ago
From the 1960s through the 1980s, thousands of Romanian children were placed in understaffed and under-resourced orphanages as a
dmitriy555 [2]

Answer:

The developmental delays exhibited by the children were:

  • physical.
  • motor.
  • social.
  • cognitive.

Explanation:

Nicolae Ceausescu was a Romanian Communist politician and leader. In 1960s, he issued a Decree No. 770 after alarming decline in birth rate. By issuing this decree in 1966, he prohibited abortion. He stated that <em>'the fetus is the property of the entire society.'</em>

He placed under-staffed and under-resourced children in orphanages under this decree. The children that he placed in these orphanages exhibited the developmental delays such as physical, motor, social, and cognitive.

These children who were placed in orpahanges were either abandoned by their parents who were not able to take care of them or were simply abandoned because they do not want their burdens.

4 0
3 years ago
The house of representatives has how many voting members? 435 100 50 150
lana66690 [7]
435 voting members. 100 members in the senate. 5 delegates. Therefore, do that math. 435-105= the amount of other voters.
7 0
3 years ago
List two powers that are denied by the u.s. constitution to ohio's state government, but are exercised at the national level.
bogdanovich [222]
The power to print money and start a treaty with a foreign government cannot be caries out at a state government level but can be carried out at a national level.
5 0
3 years ago
Governments in the southern colonies were often considered oligarchies. what is an oligarchy?
lara31 [8.8K]
Oligarchy comes from the greek word "oligos" which means " a few" and the word "archos" which means "to Govern", so it is a government system where all the power is gathered by a small group of people, usually richest families in the city or country, it isn´t seen as an open democracy because not only they run the destinities of the country but also develop and create the rules, the law, and manage all the system. Back then we also could find that power in the hands of the oldest men in the country who controlled everything and had a lot of economic power. 
4 0
3 years ago
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