Customer relationship management firm selling selling big ticket is

While setting up their corporation, ming and jie implement a system of governing their organization so that the interests of cor

Dmitriy789 [7]

Corporate government <span />

8 0

3 years ago

Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale. Why is

GREYUIT [131]

Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale when it exists, the industry is more likely to be an oligopoly than a competitive one.

A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector. Oligopolies are frequently the outcome of corporate collaboration as a way to increase profits. Because of the decreased competition, customers will pay more and workers will earn less.

In an oligopoly, there must be some entry barriers to allow businesses to capture a sizable portion of the market. These obstacles could be economies of scale or brand loyalty. Entry barriers, however, are lower than monopolies.

Several oligopoly-enabling circumstances have been noted. First off, there aren't many big companies in an oligopolistic market. This feature sets oligopoly apart from monopoly, in which there is only one entity.

To learn more about oligopoly refer to:

brainly.com/question/18686878

#SPJ4

5 0

2 years ago

Suppose the price of a substitute to lcd televisions rises. What effect will this have on the market equilibrium for lcd tvs? T

Artyom0805 [142]

Answer: The equilibrium price of lcd tvs will

a. Increase and the equilibrium quantity will increase.

When the price of a substitute of lcd tvs rise, the demand for lcd tvs will rise, since they become cheaper than the substitute.

This will cause the existing demand curve to shift outwards, resulting in a rise in quantity.

As a result of the outward shift, the quantity supplied will also rise and so will the equilibrium price.

5 0

3 years ago

Suppose that consumers become more pessimistic about the future and, as a result, reduce their consumption by $10 billion. If th

iragen [17]

Answer:

Real GDP will decrease by $50 billion.

Explanation:

In order to calculate the net effect of a reduction in consumption of $10 billion, we need to identify the multiplier first.

Multiplier = 1 / marginal propensity to save

Marginal propensity = 1 - marginal propensity to consume = 1-0.8 = 0.2

Multiplier = 1 /0.2 = 5

The net change then of a reduction by 10 billion = 10 * 5 = $50 billion

Hope that helps.

4 0

3 years ago

On January 2, 2015, Moser, Inc., purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage value at

OLEGan [10]

Answer:

a. Debit Depreciation expense $6,400

Credit Accumulated depreciation $6,400

b. $33,600

Explanation:

Depreciation is the systematic allocation of cost to an asset. It is given as

Depreciation = (Cost - salvage value)/estimated life

When accumulated over time, it is known as accumulated depreciation which is deducted from the cost to get the carrying amount of the asset.

Depreciation

= (100000 - 10000)/6

=$15,000

Between 2015 and start of 2019 is 4 years hence

accumulated depreciation at start of 2019

= $15,000 × 4

= $60,000

Net book value = $100,000 - $60,000

= $40,000

If the asset life is to be extended by 3 years, the remaining useful life changes from 2 to 5 years.

New depreciation rate

= (40,000 - 8000)/5

= $6,400

To record this for 2019,

Debit Depreciation expense $6,400

Credit Accumulated depreciation $6,400

The book value of the equipment at the end of 2019

= $40,000 - $6,400

= $33,600

4 0

3 years ago