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
Finger [1]
3 years ago
11

Why do oligopolies exist? List five or six oligopolists whose products you own or regularly purchase. What distinguishes oligopo

ly from monopolistic competition?
Social Studies
1 answer:
xxMikexx [17]3 years ago
6 0

Answer:

Check the explanation

Explanation:

The biggest and most notable reason why oligopolies exist is collaboration. A lot of Firms see more economic advantages in collaborating on a precise price than in trying to battle and drag price competitively with their competitors. By controlling prices in a cartel like way, oligopolies are able to raise their difficulty to entry.

A few oligopolists whose products I make use of are GMC, Samsung, Dell, Apple, UPS, and BP.

Oligopoly is differentiated from monopolistic competition in that oligopoly is comprised of a small number of businesses and they have distinguished or homogeneous products and trying to break-in into their line of business is very difficult.

You might be interested in
Mr. Brown has gathered evidence that the self-esteem of students is negatively correlated with their typical levels of anxiety.
miss Akunina [59]

Answer:

Correlation does not prove causation  

Explanation:

Correlation and causation are the two terms that are mostly confused and used interchangeably used. These terms are often misunderstood by people. It is very important to know that these terms are used for the conclusion. So that person has to make understand what is the correct meaning of these two terms. Correlation does not imply causation. It is very important to understand this term. Correlation is basically about the two variables. It tells how the two variable is linearly related to each other and change together. It does not tell about how it is related but it tells about the relationship between the variables. Causation is a little bit more than a correlation. It tells about change in one variable that will cause a change in another variable.

8 0
2 years ago
New York requires all middle school students to study American history
lora16 [44]
I think it’s concurrent
7 0
3 years ago
Read 2 more answers
The concept of operant conditioning is a part of the broader concept of​ ________, which argues that behavior follows stimuli in
sergiy2304 [10]
The word that comes in the blank is "behaviorism".

Behaviorism refers to a learning theory that exclusively spotlights on equitably behaviors that are observable and rebates any free exercises of the psyche or mind. Behavior scholars characterize learning as just the securing of new conduct in view of ecological conditions.
5 0
2 years ago
Describe how your fictional adolescent might respond to an unplanned pregnancy.
Nana76 [90]
It depends on the mindset and situation, odds are they won't be too excited at first. I was happy though.
7 0
3 years ago
BRAINLIEST
matrenka [14]
Ruby Bridges, she was the first child to integrate an all white school in the South.
3 0
2 years ago
Other questions:
  • Change 205centimeters to metres​
    14·2 answers
  • Culture usually reflects __________ and what its values are.
    12·1 answer
  • Pleaseee helllppp asap? After fleeing the three bears’ house, Goldilocks ran to the local police precinct and filed a crime repo
    5·1 answer
  • __________ is appropriate when people are facing a crisis, when they are facing frightening experiences, when they attempt const
    13·2 answers
  • The length of the unknown leg is a0.
    6·1 answer
  • An advocate of the legal-justification standard would most likely assert that the law ________. Group of answer choices 1) conta
    8·1 answer
  • Aggregate planning requires which of the following information? (I) a forecast of expected demand (II) current levels of invento
    10·1 answer
  • A purpose of government in the united states is to
    12·2 answers
  • Which landform made the area indicated on the map an ideal location for civilization to develop, and why? (1 point)
    10·2 answers
  • The articles of the Texas Constitution that define the creation and structure of counties in the state provide for a fairly ____
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!