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omeli [17]
3 years ago
7

Magical Productions is a large production company that controls a major portion of the television industry's market share along

with two other firms. Despite its competitiveness with the two other firms, it is influenced by their actions and often has to consider their strategic actions before acting on its own. In this scenario, Magical Productions is most likely functioning in a(n) _____ industry.
Business
1 answer:
Daniel [21]3 years ago
3 0

Answer: Oligopolistic

Explanation:  

 The oligopolistic industry is one of the type of market structure where the small industries or the companies are compete with each other and earning the various types of economical profits.

The main purpose of this type of industry is that it help[s in reducing the competition in the market and also control the market share function.  

According to the given scenario, the magical production is one of the type of large production organization and this company perform various types of functioning in the Oligopolistic industry.  

 Therefore, Oligopolistic is the correct answer.

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Assume that a change in government policy results in greater production of both consumer goods and investment goods. We can conc
dolphi86 [110]

Assume that a change in government policy results in greater production of both consumer goods and investment goods. We can conclude that the economy was not employing all of its resources before the policy change.

Explanation:

Policies by government will affect economic growth

Government policies have a major role to play in encouraging (or deterring) economic growth. Economic policies that lead to economic growth include:

Investing in infrastructure:

Infrastructure, such as highways or bridges, is tangible capital available to all. Governments are increasing their capital stock in the country by investing in infrastructure.

Productivity and labor participation strategies :

Promoting a higher rate of labor participation, for example labor participation tax incentives, will lead to even more economic growth.

Policies promoting accumulation of capital and technological advancement:

Savings-enhancing strategies that lead to higher growth and thus capital investments. Strategies that encourage technological innovation, such as research and development tax credits, often lead to increased economic growth.

8 0
3 years ago
Todd’s parents are going to visit him, and he wants to take them out for dinner to an upscale restaurant. He is not sure about w
Marizza181 [45]

Answer:

d. Expertise

Explanation:

Based on the information provided within the question it can be said that the characteristic that Todd most likely considered was his boss' expertise. This term refers to the expert skill or knowledge that an individual may have in a specific field or area. Since Todd's boss often patronizes upscale restaurants Todd believes that he has a lot more knowledge than most on that topic.

3 0
3 years ago
________ are certificates that save buyers money while they purchase specified products.
DedPeter [7]
Hey there,
The answer is coupons.

Hope this helps :))

<em>~Top♥</em>
8 0
3 years ago
Which customer service client is external to an organization?
andrezito [222]

Answer:

sales representative hope this you plz rate me as brainliest and thx

6 0
2 years ago
Suppose the government decides to enact a new tax on T-shirts. What will happen in the market for T-shirts? (Note: Neither the s
nevsk [136]

Answer:

- The price buyers will pay will be higher

- The tax on T shirts will cause a dead weight loss

- There will be a decrease in T shirts sold

Explanation:

In this scenario when curve for demand and is not perfectly inelastic it means that with an increase in price there is a fall in the amount of a good demanded.

So when tax is imposed on the T shirts the producers will have a higher cost of production. This is transfered to the buyer in form of higher prices.

Since the increase in price reduces quantity demanded, the buyer will buy less T Shirts at the higher price

Dead weight loss is a cost to society as a result of inefficiency non the market.

When taxes are applied supply and demand go out of equillibrum as prices are now higher. Therefore tax imposition causes a dead weight loss.

4 0
2 years ago
Read 2 more answers
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