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Alexxandr [17]
3 years ago
14

1. Characteristics of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is m

arket control by a few large firms. Which of the following are other characteristics of this market structure? Check all that apply. Either similar or identical products Difficult entry Neither mutual interdependence nor mutual dependence No entry Mutual interdependence
Business
1 answer:
sergejj [24]3 years ago
8 0

Answer:

----Either similar or identical products --------Difficult entry

----Mutual interdependence

Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.

Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc

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A client with a high risk tolerance anticipates that the market will remain flat for the next 3 months. Which position would pro
djverab [1.8K]

Answer: A. Short Straddle

Explanation:

A Short Straddle is a strategy used in the derivative market of Options where the investor sells both a Call Option and a Put Option on the same stock with the same expiration date.

The logic behind this is that they do not expect the underlying stock to change significantly in price for the period of either the Call nor the Put. The goal therefore is to make profit from the buying fees/credit of both the Put and the Call whilst anticipating that neither of them.will be redeemed so the investor will keep both the stock and the buying fees/credit.

4 0
3 years ago
An example of a foundational, career exploration, and planning Supervised Agricultural Experience activity is: *
Oksana_A [137]

Answer:

completing an interest survey and career plan.

Explanation:

SAE is an acronym for Supervised Agricultural Experience programs and it is typically a planned, practical-based program designed to help students develop competent skills and experience in their various career choice. Basically, it enhances the academic knowledge and agricultural skills acquired by the students in the classroom.

Generally, there are four (4) main types of Supervised Agricultural Experience Programs;

1. Entrepreneurship SAE.

2. Exploratory SAE.

3. Research and Experimentation SAE.

4. Placement SAE.

An example of a foundational, career exploration, and planning Supervised Agricultural Experience (SAE) activity is completing an interest survey and career plan. It avail students the opportunity to develop academic knowledge and agricultural skills, as well as competent skills and experience after they fill an interest survey and have created a career plan.

7 0
2 years ago
Company A sells paper coffee cups to all Costa Coffee locations in the UK. Company B sells dinner plates to Nando’s in the UK. C
pentagon [3]

Answer: Number of Units Sold

Explanation:

To calculate Revenue there are two details needed at the most basic level. These are the price per unit of the good being sold and the number of units sold.

Revenue = Price * Number of units sold

The question provides us with the price per good to be sold which is £1 per pack of 100 cups for Company A and £3 for 1 dinner plate for Company B.

To know who has the higher revenue, we would need the number of units sold of each.

For instance, assuming Company A sold 10 packs of 100 cups and Company B sold 10 dinner plates, the company revenues would be;

Company A = 10 packs * £1

= £10

Company B = 10 dinner plates * £3

= £30.

Company B would have a higher revenue which are able to know due to the number of units sold being known.

7 0
3 years ago
Manufacturers use several different production processes to create goods and services.
lys-0071 [83]

Answer:

A) true

Explanation:

Manufacturing involves converting raw materials into useful finished product. Manufacturers engage different production processes in creation of goods/ services, and the choice of process to use is dependent on the kind of products/ goods that were to be produced. In choosing process or production methods desires of the market as well as available resources and volumes need to be put into consideration. For instance, in steel manufacturing, the process is one that requires a continuous process, therefore, CONTINUOUS PROCESS is used. A production plant involving working together of both workers and robot works together in assembling if automobiles requires a "ASSEMBLY PROCESS"

3 0
3 years ago
In a perfectly competitive market, firms face no barriers to entry or exit.
ipn [44]
The answer to this question is true.
3 0
3 years ago
Read 2 more answers
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