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sertanlavr [38]
3 years ago
9

An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large fir

ms. Which of the following are other characteristics of this market structure? Check all that apply. Difficult entry
Mutual interdependence
No entry
Neither mutual interdependence nor mutual dependence
Either similar or identical products
Business
1 answer:
hichkok12 [17]3 years ago
5 0

Answer: Option A

Explanation: The basic organisational structure and several different characteristics prevailing in a business environment together constitutes a market structure. In an oligopolistic there are very few large firms which dominate the market, for example - auto industry.

As firms in the oligopolistic market are very high this results in high concentration in the market. Each firm in this market structure operates in so large scale that actions of one affects the operations of others.

Usually the capital need in such industries is too large making it difficult to entry also the need for several licenses acts as barriers to entry but there is no such thing like NO ENTRY in such industries.

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Answer:

Purchase= 14,500 pounds

Explanation:

Giving the following information:

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To calculate the direct material purchase, we need to use the following formula:

Purchase= direct material for the period + desired ending inventory - beginning inventory

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Partnership

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The variable cost for a company that makes bread is : Bread ingredients.

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When consumers start searching for ways to satisfy needs, their internal search is characterized by A. consulting close friends
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Internet is very useful in many ways for the consumers, some of them are-

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7 0
3 years ago
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