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Dmitry [639]
3 years ago
5

An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical produ

cts. Which of the following are other characteristics of this market structure? Check all that apply.
A) Market control by many small firmsB) Difficult entryC) Mutual interdependenceD) Market control by a few large firmsE) Mutual dependence
Business
1 answer:
mixas84 [53]3 years ago
8 0

Answer: Option B and C

         

Explanation: In simple words, oligopoly refers to the market structure in which there are few firms operating at a huge level and selling products that are close but not absolute substitutes of each other.

     The high level of investment and too much of legal formalities makes it difficult to entry in such industries. Firms in such industries produce identical goods thus they do not compete in the amaretto with respect to price.

the firms operate their market on the basis of non price factors such as advertisements but still are mutually interdependent on each other as a minor decrease in price of other can deregulate the demand in the whole industry. Automobile sector is one the primary examples of oligopoly.

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Do these ratio values and ratios look​ strong, weak or in​ between?
kvasek [131]

Answer:

Ratio values cannot be judged in isolation.  For example, the Phone Corporation's ratios calculated previously have no industry benchmarks against which they can be compared.  The ratios for competitor can also be used for comparison.  Again, the ratios were calculated for only one period in each case.  There should be a trend analysis and computation of ratios over some years in order to assess their strengths and weaknesses.

Overall, they do not look strong.  But, one should not be too quick to conclude on this issue.

Explanation:

Ratio analysis is a technical method of gaining insight into a company's liquidity, operational efficiency, and profitability by comparing the elements of its financial statements such as the balance sheet and income statement.  While ratio analysis is a cornerstone of fundamental equity analysis, it must be noted that the values produced are just relative measures which cannot be meaningful without being related to some benchmarks or compared over a number of years.

5 0
3 years ago
When choosing where to eat lunch, Sharon looks for restaurants where she will be seated promptly and served her meal quickly. Fo
Vedmedyk [2.9K]

For Sharon,<u> responsiveness </u>is the most important of the five service quality dimensions.

<h3>What is Responsiveness?</h3>

Responsiveness can be defined as the process of responding to someone quickly or promptly without delay.

Based on the given scenario Sharon want the restaurant to render or provide service to her by serving her the meal quickly as possible.  

Inconclusion <u> responsiveness </u>is the most important of the five service quality dimensions.

Learn more about responsiveness here:brainly.com/question/475234

5 0
2 years ago
In which ways can goals be classified
Sonja [21]

Answer: It says goals can be classified as : futuristic,psychological, or educational (then ) , recreational , occupational, or personal

this is the correct answer

Explanation:

8 0
3 years ago
The team created to document procedures throughout the organization had several _________________________, or expectations of be
iogann1982 [59]

Answer:

a. team norms

Explanation:

8 0
2 years ago
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On December 31, 1991, Jet Co. received two $10,000 notes receivable from customers in exchange for services rendered. On both no
aleksklad [387]

Answer:

Hart Corp.'s note should be reported at $10,000

Maxx Inc.'s note should be reported at $7,883

Explanation:

Interest bearing notes that represent current accounts (due within one year) should be reported at face value. Hart Corp.'s note is due in nine months, so it should be reported at = $10,000

Maxx Inc.'s note must be recorded at present value because it is due in 5 years.

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now we must determine its present value using an 8% discount rate:

PV = $11,592.74 x 0.680 = $7,883

3 0
3 years ago
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