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Gelneren [198K]
3 years ago
9

Under which market structure does the action of one firm have a spillover effect on the decision of another firm

Business
2 answers:
serg [7]3 years ago
6 0

if the company is in the world market

raketka [301]3 years ago
4 0

Answer:

Monopoly

Explanation:

In a monopoly market, factors like government license, ownership of resources, copyright and patent and high starting cost make an entity a single seller of goods. All these factors restrict the entry of other sellers in the market. Monopolies also possess some information that is not known to other sellers.

Cheers.

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New brands with small market shares tend to spend higher on advertising and sales promotions than those with large market shares
IceJOKER [234]

Answer:

The value of market shares is directly proportionate to the amount of money spent on advertising

Explanation:

Advertising is part and parcel of promotion, which is targeted at encouraging customers to buy one's product by taking them through the AIDA sequence of promotion.

AIDA is an acronym for Awareness,Interest,Desire and Action, where creating awareness by bringing the products to the attention of the customers through advertising results in interest and desire being aroused and eventually leading to action of buying the product which ultimately leads to repeat buying and increase in market share overall.

5 0
4 years ago
Consider a hypothetical economy in which only computers and shoes are produced and in which computer production is capital inten
aksik [14]

Answer:

B) higher in the computer industry

Explanation:

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it is given in the question that the computer industry is more capital intensive than the shoe industry. which means that the computer industry involves more investment than the shoe industry. Hence, if we calculate the capital and labor ratio then we get a high capital ratio for the computer industry because it includes high investment than shoe industry

6 0
3 years ago
Uncollectible accounts should not be estimated because it is impossible to know which accounts will not be collected.
lara [203]
<span>It's false that uncollectible accounts should not be estimated because it is impossible to know which accounts will not be collected. </span>
7 0
3 years ago
Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on interna
MissTica

Answer and Explanation:

The SoX sarbanes oxley act of 2002 was enacted to address company fraud that was exemplary of Eron and worldcom and bring back the confidence held in the financial market

It was meant to increase the effectiveness of internal control in companies in keeping accounting records or financial reports reliable and fraud-proof. The SOX act increased the independence of company auditors making their reports more reliable as they didn't have to compromise because they were dependent on top managers. In addition top managers were held responsible for any fraud in accounting statements and so were to certify the reliability of reports released to the public

4 0
4 years ago
True or false: if country b has an absolute advantage over country a in producing bicycles, it must also have a comparative adva
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<span>This statement is false. An absolute advantage is the countries ability to carry out a certain economically advantageous activity better than another country or group while a comparative advantage is the ability to carry out an economic activity better and more efficiently than another activity.</span>
3 0
4 years ago
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