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Nikolay [14]
3 years ago
15

Assume there are currently five firms producing and selling computer chips in the European market. Also assume that the product

is differentiated and barriers to entry are high in the industry, making this market an oligopoly. If two firms were to exit the market, economists expect the equilibrium price will likely:
a. not change
b. decrease
c. increase
Business
2 answers:
Gnom [1K]3 years ago
4 0

Answer:Increase

Explanation:The demand will increase as these two companies exit the market because the competition has been reduced as the demand increases this will caus the equilibrium price to increase. People will be demanding more chips only from the three companies that will be remaining.They will have to supply more in return to that demand because the competition has been cut.

irina1246 [14]3 years ago
3 0

Answer: C. Increase

Explanation:

An oligopoly is a market structure in which a few firms dominate. When a market is shared between a few firms, it is said to be highly concentrated. Although only a few firms dominate, it is possible that many small firms may also operate in the market.

Where few firms dominate the equilibrium price will increase because the demand will be high, and this will make the equilibrium price increase.

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Process capability evaluation allows us to: Select one: a. check customer requirements against what a process is able to achieve
Levart [38]

Answer:

Process capability evaluation allows us to:

a. check customer requirements against what a process is able to achieve.

Explanation:

Process capability evaluation involves the set of tools used to analyze the performance of a given process against desired specifications.  This means that it measures how well a process performs against targets.  There are different measures of process capability.  For example, Sigma Six is used as a process capability evaluation.  Process capability index is also used to evaluate a process' capability, where the upper and lower limits are measured.

4 0
3 years ago
Stoneheart Group is expected to pay a dividend of $3.27 next year. The company's dividend growth rate is expected to be 3.4 perc
shepuryov [24]

Answer:

The stock price is $37.16

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

Price = $3.27 / ( 12.2% - 3.4% )

Price = $3.27 / 12.2% - 3.4%

Price = $3.27 / 8.8%

Price = $37.16

7 0
3 years ago
______ is the process of creating a clear, distinctive, and desirable understanding of the product in the consumer's mind relati
Drupady [299]

Answer:

Positioning

Explanation:

This has to do with arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the mind of target consumers.

3 0
3 years ago
!!MENTAL HEALTH CHECK IN!!
jek_recluse [69]

Answer:

ushsbskanznz

Explanation:

hwu291mz nxkqo2i2u3j3b4b

7 0
3 years ago
Why might a town decide to issue bonds?
fredd [130]
The answer is C) Both A and B

When a town issues bonds, it is issuing an IOU with interest, usually to help fund projects (such as roads or bridges) or to provide a public service. 

Keep in mind that the town is saving money for residents only if it is the residents of the town who purchase the bonds. These bonds enable the residents to earn a return on their savings, since they are entitled to be paid back by the town with interest at a predetermined date. 
8 0
3 years ago
Read 2 more answers
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