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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.  

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Assume that at the current market price, a perfectly competitive firm's profit-maximizing level of output yields total revenues
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Answer:

c. The firm is earning zero economic profit and should continue to operate.

Explanation:

This is because at that point firm has not earned any profit or facing a loss.

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3 years ago
Vulcan Materials stock price soared in the days following the election of President Trump. Vulcan's products, such as asphalt an
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Answer:

<h2>Spending on infrastructure projects is an example of <u>Discretionary Fiscal Policy</u> aimed at increasing real GDP and employment.</h2>

Explanation:

  • A discretionary fiscal policy basically refers to the manipulation or adjustment of various fiscal instruments by the government such as public taxes and government spending.
  • The aim of discretionary fiscal policy is to adjust the overall macroeconomic condition in any country based on the existing or current situation or scenario.
  • Now,infrastructural spending is part of fiscal policy or instrument to adjust the macroeconomic condition of the country as reflected by necessary modification in the GDP and employment level.Hence, higher infrastructural spending by the government would expectedly increase the residential and commercial construction projects in the country thereby,enhancing the GDP and the employment level in the country and boost the overall economy.
8 0
3 years ago
Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,500. Budgeted cash rec
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Answer:

$12,500

Explanation:

Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.

Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.

$19,500+190,500-191,000= 19,000

Then, you have to subtract 19,000 from 31,500 to determine the amount that the company needs to attain its desired ending cash balance:

31,500-19,000= 12,500

According to this, the company should borrow $12,500.

4 0
3 years ago
Airline F leases all its aircraft under finance leases. Airline O leases all its aircraft under operating leases. Assuming that
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Answer: e. Airline O has less lease assets at the inception of the lease

Explanation:

With operating leases, the entity leasing the asset or the lessee, does not get the rights to ownership of the asset being leased but instead simply pay a fee or sort of rent for leasing the asset.

With a finance lease however, ownership is passed to the lessee for the lease period and the lessee would have to depreciate the asset and record it in its books.

Airline O will therefore not record any assets but Airline F will. This means that Airline F will have more assets than O because it had to record its assets but O did not.

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3 years ago
when all-in-one technology offers its customers a discount for ordering their television, internet, and phone service all with a
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Penetration evaluation could be a strategy utilized by businesses to draw in customers to a brand-new product or service by giving a cheaper price ab initio.

The cheaper price helps a brand-new product or service penetrate the market and attract customers far from competitors.

EDLP is related to Walmart because the company has used it systematically in its selling. As an evaluation strategy, Walmart founder SAM Walton used EDLP once gap his initial stores.

In a predatory evaluation theme, area unit costs are set low to drive out competitors and build a monopoly. Shoppers could enjoy lower costs in the short term. However, they suffer if the theme succeeds in eliminating competition, as this could trigger an increase in costs and a decline in selection.

To learn more about monopoly, visit here

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8 0
1 year ago
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