1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nadusha1986 [10]
3 years ago
8

n oligopoly Multiple Choice the fewness of firms creates mutual interdependence in pricing among the firms firms have no difficu

lty entering and leaving the market firms compete with each other only by raising and lowering quantity because prices are fixed the firm having a natural monopoly sets price for the others the firm is the industry
Business
1 answer:
Zina [86]3 years ago
4 0

Answer:

The fewness of firms creates mutual interdependence in pricing among the firms

Explanation:

An oligopoly is a market arrangement in which fewer firms are seen to dominate and when they share the market area they are operating in, the market is then sad to be concentrated.  

These firms operating under oligopolistic conditions are interdependent in the sense that, they cannot act independently of one another.  

The firms consider the potential reactions of each other when making their unique business decisions.  

You might be interested in
You work for an automotive parts distributor based in Ohio that is expanding operations in China. Management and operations empl
yKpoI14uk [10]

Answer:

b) Heightened global competition

Explanation:

Since in the question it is mentioned that working as a distributor of an automative part i.e. based on the Ohia diversifies its business operations in China. Also the employees and the management are working with this division and taking the classes on the chinese culture and their customs in order to feel comfortable

So this scenario represents that the global competition is on the peak

Therefore the option b is correct

3 0
3 years ago
Suppose that real GDP is currently ​$13.55 trillion and potential real GDP is​ $14.0 trillion, or a gap of ​$500500 billion. The
Georgia [21]

Answer:

$100 billion

Explanation:

Real GDP is currently = ​$13.55 trillion

Potential real GDP =​ $14.0 trillion

Gap = ​$500 billion

Government purchases multiplier = 5.0

Tax multiplier = 4.0

To increase aggregate demand by $500 billion, the required increase in government expenditure is:

= (1 ÷ government purchases multiplier) × change in aggregate demand

= (1 ÷ 5) × $500

= $100 billion

Therefore, the government expenditure need to be increased by $100 billion.

6 0
3 years ago
in the absence of trade, the domestic price of soybeans is pn. if the world price of soybeans is pw, which of the following will
notka56 [123]

In the absence of trade, the domestic price of soybeans is pn. if the arena charge of soybeans is pw,b. the home charge of soybeans will rise, and home intake will fall.

The required details about domestic price is mentioned in below paragraph.

A domestic price degree represents the cutting-edge charge for a particular top or carrier in an economy. Government companies or country wide economists have a tendency to study diverse charge degrees for you to verify growing or falling prices, known as inflation and deflation in monetary terms, respectively.The term 'Domestic charge ' because it applies to the region of agriculture may be described as ' The charge at which a commodity trades inside a country, in assessment to the arena charge. For the ones commodities now no longer benefitting from a few shape of charge aid, the domestic price is decided with the aid of using deliver and demand. For commodities that acquire charge aid, the home charge is commonly set with the aid of using the mortgage price or a few similar aid degree that serves as a charge ground withinside the market running at the side of any import quota that can be in effect'.

To learn about domestic price visit here.

brainly.com/question/15584616

#SPJ4

6 0
1 year ago
A high marginal propensity to expend will cause the multiplier to be smaller.
lidiya [134]

Answer:

False

Explanation:

6 0
3 years ago
Milo is the owner of a sporting goods store that has only been open for three months. The holiday season is coming up, and Milo
Arada [10]

1. If Milo should try to sue Jess, the court will decide that

  • that the parties had a contract, but the damages could not be ascertained because the hourly rate and number of hours had not been determined.

2.  Yes, Sylvia will have to pay Sarah for painting the store, even though she did not verbally agree to the contract.

3. The store manager is most likely to explain to Arlene here that  the advertisement is a valid offer, and the store must honor the price in the advertisement.

<h3>What is a business contract?</h3>

A contract can be referred to as business arrangements. They are very enforceable in the case of a breach by a court of law.

A business contract usually makes specifications concerning when a business would be done, the completion, and the payment for the goods and services rendered.

One has to fully understand the terms of a contract before they go ahead to sign documents.

Read more on contracts here: brainly.com/question/984979

6 0
3 years ago
Other questions:
  • Beverage International reports net credit sales for the year of $468,000. The company's accounts receivable balance at the begin
    15·1 answer
  • In a periodic inventory system, the cost of purchases is debited to: Inventory. Purchases. Cost of goods sold. Accounts payable.
    6·1 answer
  • Cash dividends of $45,000 were declared during the year. Cash dividends payable were $10,000 at the beginning of the year and $1
    8·1 answer
  • Why did african americans prefer sharecropping to wage labor?
    9·1 answer
  • Maintenance expenses of a company are to be analyzed for purposes of constructing a flexible budget. Examination of past records
    15·1 answer
  • Russell Inc. had sales of $2,210,000for the first quarter of 2017. In making the sales, the company incurred the following costs
    11·1 answer
  • The scenario below should be used for the following two questions. Your company, Johnson Farm Products, has decided to expand it
    15·1 answer
  • The Alston Inn is managed by Inns, Inc. The management contract requires 6 percent of total revenue to be transferred to the rep
    14·1 answer
  • What does making a good decision mean?? How can I make a good decision?
    8·1 answer
  • explain the role of beliefs, customs and attitude in communication and how they act as input communication.​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!