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
Aleks [24]
4 years ago
13

Glamour Gal, a popular women's cosmetics company is gaining popularity among younger women. Differentiating itself from the sea

of companies that compete for the same business, it focuses on products for sensitive, youthful skin. Glamour Gal clearly operates in an oligopolistic environment.
a. True
b. False
Business
1 answer:
s2008m [1.1K]4 years ago
7 0

Answer:

The correct answer is letter "B": False.

Explanation:

An oligopoly is a market where a few companies collide to take control of the price and supply of the goods or services provided. On the other hand, a monopolistic competitive market is characterized by having many companies competing against each other. The competitive advantage of firms will determine if consumers choose to buy the products of one company or the other.

Thus, <em>Glamour Gal is a monopolistic competitive market.</em>

You might be interested in
To indicate grouping in access, select _____ as the entry in the total row for the field to be used for grouping
Vinvika [58]
<span>Select the Group By function. This makes it so that records of the same group are placed onto a single record with a column that is added and holds a nested table of the remaining columns. This function also returns a table with records grouped together based on the values in one or more columns.</span>
3 0
4 years ago
Consider a market with two​ firms, Krispy Kreme Doughnuts​ (KK) and​ Dunkin' Donuts​ (DD), that produce donuts. Both firms must
Irina-Kira [14]

Answer:

D. Krispy Kreme and​ Dunkin' Donuts will both choose a price of ​$0.85.

Explanation:

DD - Dunkin' Donuts

KK - Krispy Kreme

If DD choose price to be $1.25, KK will choose price to be $0.85 because it gives them profit of $975 among $850 / $975

If DD choose price to be $0.85, KK will choose price to be $0.85 because it gives them profit of $650 among $250 / $650

Thus, KK have a dominant strategy to choose price = $0.85 no matter what DD choose.

If KK choose price to be $1.25, DD will choose price to be $0.85 because it gives them profit of $975 among $850 / $975

If KK choose price to be $0.85, DD will choose price to be $0.85 because it gives them profit of $650 among $250 / $650

Thus, DD have a dominant strategy to choose price = $0.85 no matter what KK choose.

Both firms have a dominant strategy of choosing price = $0.85 which creates a Nash equilibrium.

5 0
3 years ago
EA11.
koban [17]

Answer:

Predetermined rates for each cost pool

Ordering  = <u>$120,000</u>

                    240,000 orders

                = $0.50 per order

Machine set-up = <u>$85,000</u>

                             340,000 set-ups

                          = $0.25 per set-up  

Inspection  = <u>$75,000</u>

                      75,000 inspections

                  = $1 per inspection                                                                                                                                                                                                                                                                                                                                                                                                                                                                      

Explanation:

The predetermined rates are obtained by dividing the estimated                                                                                                                             overhead for each cost pool by the cost driver.                                                                                                                  

4 0
4 years ago
Funds that are left over in a 529 acckunt after all college expenses have been paid go back to whom?
antiseptic1488 [7]

i dont get what your asking..... if i did id try to.....

8 0
3 years ago
Licensees are responsible for paying the costs of legal document preparation when they are preparing such documents for their cl
Blababa [14]

Answer:

The broker is responsible for bearing the cost.

Explanation:

The licensees are responsible for paying the costs of legal document preparation even if the documents were prepared by an agent. The broker may delegate the work but the responsibility cannot be delegated, and it is their responsibility to pay for these costs.

The only exception to this rule can happen when the legal documents are prepared by an attorney that represents the parties involved in the transaction.

5 0
3 years ago
Other questions:
  • The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $
    5·1 answer
  • What techniques do you use to focus your time and resources?
    6·1 answer
  • Elrod Inc. sells a product for $75 per unit. The variable cost is $45 per unit, while fixed costs are $48,000. Determine (a) the
    13·1 answer
  • On January 1, 20X9, Pirate Corporation acquired 80 percent of Sea-Gull Company's common stock for $160,000 cash. The fair value
    6·1 answer
  • The _____ is a decentralized form of organization that emphasizes the expertise of the employees in the operating core of the or
    9·2 answers
  • Jana buys a dress for $25.98 and a blouse for $14.99. The total sales tax is $2.46. a. What is the total cost of her purchase? b
    11·1 answer
  • When the money supply is manipulated in a way to speed up the economy, it is<br> referred to as
    8·1 answer
  • An insurance company offers personal property insurance.Jewelry is a special type of personal property. Jewelry coverage require
    6·1 answer
  • How much does the $1,000 to be received upon a bond's maturity in 4 years add to the bond's price if the appropriate discount ra
    8·1 answer
  • Prime Bank is offering your company the use of their lockbox services. They estimate that you can reduce your average mail time
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!