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ch4aika [34]
3 years ago
10

If an oligopoly does not cooperate and each firm chooses its own quantity, the industry will produce a quantity of output that i

s _____ the competitive level and _____ the monopoly level.
a. less than; more than
b. more than; less than
c. less than; equal to
d. equal to; more than
Business
1 answer:
Whitepunk [10]3 years ago
6 0

Answer:

a. less than; more than 

Explanation:

An oligopoly is when there are few large firms operating in an industry.

A competitive industry is when there are many buyers and sellers of homogenous goods and services.

A Monopoly is when there is only one firm operating in an industry.

An oligopoly firm can choose to cooperate with other firms in the industry or not cooperate.

If firms do not cooperate they produce more goods than if they cooperated. The quantity produced can never be as much as that of a competitive firm because the number of producers in an oligopoly is less than that in a competitive firm.

The output would be more than the quantity produced by a monopoly because the number of producers in an oligopoly is more than that in a monopoly.

I hope my answer helps you.

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The settling of any net deficit in the combined current, and capital and financial accounts is done with
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Answer: official reserves

Explanation:

The official reserve account is simply part of capital account which has to do with securities and foreign currency that are being held by the central bank of a particular country and which are used to balance payments yearly.

It should be noted that when there's trade surplus, there'll be increase in reserves and when there is a deficit in trade, there'll be decrease in reserves.

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When a German company decides to build a new hotel in Manhattan and the design calls for the 13th floor to be renamed the 14th f
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Answer:

It is acknowledging a cultural symbolism about the number 13

Explanation:

A cultural symbol is an object, a behavior or a word that has a particular meaning in a culture. In Germany the number 13 is considered an unlucky number and they prefer not to use it and this is a cultural symbol. So, according to this, the answer is that the firm is  acknowledging a cultural symbolism about the number 13.

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4 years ago
Bob roberts founded robertico, an equipment leasing company, three decades ago. although he is now in his seventies, he still ha
sergij07 [2.7K]

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8 0
3 years ago
A company's board of directors votes to declare a cash dividend of $1.00 per share of common stock. The company has 20,000 share
matrenka [14]

Answer:

$14,500

Explanation:

From the above, the below details are given;

Authorized share capital , which represent maximum number of shares that a company is allowed to issue.

Issued shares, which is the number of shares issued by a company including shares purchased and backed by a company(treasury stock).

There is also outstanding shares which is treasury stock less issued shares.

We do also know that treasury stock does not have any right of dividend because the shares are held by the company hence cannot pay dividend to itself.

Therefore, the total amount of the cash dividend is = 14,500 × $1.00

= $14,500

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3 years ago
"A corporation files a registration statement with the SEC to issue 300,000 shares out of its authorized stock and to sell 200,0
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Answer:

II and IV is the correct answer.

Explanation:

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