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
mariarad [96]
3 years ago
12

In an oligopoly, the total output produced in the market is

Business
1 answer:
N76 [4]3 years ago
3 0

Answer:

Letter c is correct. <em><u>Higher than the total output that would be produced if the market were a monopoly but lower than the total output that would be produced if the market were perfectly competitive.</u></em>

Explanation:

An oligopoly is a market situation that occurs when there are a small number of companies that dominate the supply of a particular product or service in a sector of the economy. It can occur naturally or structurally, and the purpose of this market configuration is to have greater competition and price control, so that there is greater profitability.

This scenario is characterized by imperfect competition, which is similar to the monopoly market, but in oligopoly production is higher than in monopoly, because there is more than one supplier of the same product. And production in an oligopoly is lower than in a perfectly competitive scenario where there are many suppliers and none have the ability to affect market price.

You might be interested in
Which of the following does not represent an asset of a company?
mariarad [96]

Answer:

4. Amounts owed to suppliers

Explanation:

We know that

Balance sheet comprises of assets, liabilities and the stockholder equity

The assets could be classified into current asset, fixed asset, and the intangible assets

While the liabilities are also classified into current liabilities and the long term liabilities  

The account receivable, equipment, supplies have come on the asset side of the balance sheet whereas the account payable or amount owed to suppliers have come on the liabilities side of the balance sheet

So, the most appropriate option is 4.

3 0
3 years ago
The process of generating and choosing from a set of alternatives to solve a problem is called:________a. Intuition. b. Satisfic
MatroZZZ [7]

Answer:

c. Decision Making

Explanation:

In psychology, decision-making is considered a cognitive process that results in the selection of an idea or movement among other alternative or possible options. Each decision-making process, whether or not it results in a move, necessarily provides a final choice. To be defined, decision-making is when the decision-maker determines and selects alternatives based on their preferences and values. Decision making can be seen as a problem solving process that results in a satisfactory solution. Since this process is based on personal and / or publicly known information, the result may be rational or irrational. The performance of people, based on their decisions, has been the subject of research in several ways:

1) Psychological: evaluating people's decisions based on individual needs, preferences and values

2) Mental: decision-making is seen as a continuous process where communication with environmental factors is integrated.

3) Must be (normative): analysis of individual decisions, taking into account decision-making or communicative reasoning, and the constant, unchanging choices caused by these

Intuition - the term used in different meanings in philosophy, mysticism, esotericism and different doctrine systems.

Types of use:

1) In some philosophical trends, the search for the facts that cannot be grasped by reason is considered within the scope of intuition.

2) In spiritism, it is accepted that intuition is manifested by influences stemming from various factors rather than a person's own thought, which is usually a disembodied soul. For this reason, the spiritualists call the intuitive contact to the spiritual contacts in which the notifications containing high information are received.

3) According to gnostics and antiquity initiates, there are three kinds of information in the path of spiritual enlightenment, from which knowledge that can be learned through teaching is called mathesis, knowledge that can be acquired through feeling or suffering, and knowledge that can be learned through intuition is called gnosis. Initiations, the ones who reach the highest stage, that is, those who reach the initiation stage, are informed by transferring the intuition they receive through their surroundings. This initiation of the initiate is represented by the symbolism of the seed becoming a plant in some initiations, and the torch symbol in some initiations.

4) When the intuition called inspiration is reflected in word or writing style, it is called revelation. The word revelation is not only a term used for prophets. The term was known and used before the arrival of Islam in the Arabs.

Satisficing is a concept of decision theory that refers to the strategy that tries to meet the adequacy criteria, rather than finding an optimal solution.  The word satisficing is a neologism (more precisely, a fruit salad) coined by Herbert Simon composed of the English words "satisfy" = satisfaction and "suffice" = sufficiency.  Herbert Simon pointed out that humans lack the cognitive resources to maximize: usually they do not know how likely the various outcomes are, we can rarely evaluate all the results with sufficient precision, and our memory is weak and not very reliable.  A more realistic approach to rationality takes these limitations into account: limited rationality.

Bounded rationality is a concept that is observed in the case of incomplete or asymmetric information and suggests that people behave in a limited rational way instead of behaviors depicted as rational human behaviors in classical economic theory and that these movements do not have full knowledge about the market. Terms such as lemon problem, inverse selection problem, game theory and moral collapse are related to the concepts of limited rationality.

The Learning Orientation scale measures the tendency or habit of striving to increase your knowledge and skills; value the educational process as a means of achieving mastery of the task; be interested in complex activities; and the use of information retrieval as a personal strategy in solving problems.

5 0
3 years ago
Find the convexity of a seven-year maturity, 6% coupon bond selling at a yield to maturity of 8%. The bond pays its coupons annu
Julli [10]

Answer:

convexity = 37.6306

Explanation:

given data:

maturity time = 7 years

yield to maturity (y) = 8% = 0.08

coupon bond = 6%

price= $89.59 ( gotten from the summation of pv(cf) from the table attached below )

t = time

convexity can be found using this formula

= \frac{1}{p(1+y)^2}  *  summation of (t +t^2) * pv(cf)

= \frac{1}{89.59*(1.08)^2} * 3932.310   = 37.6306

6 0
3 years ago
Advertising is NOT a good way to find harmful information about a product because a. it is not endorsed by the government. b. th
leonid [27]
C. Only favorable information is likely to appear
6 0
3 years ago
Andriel do you remember me​
Ksenya-84 [330]

Answer:

???????????????????????

3 0
2 years ago
Read 2 more answers
Other questions:
  • "A drink costs 2 dollars. A taco costs 3 dollars. Given the number of each, compute total cost and assign totalCost with the res
    12·1 answer
  • When did the stock market crash 2008 start?
    13·1 answer
  • A security firm is offered $80,000 in one year for providing CCTV coverage of a property. Thecost of providing this coverage to
    6·1 answer
  • Few restaurant management students opt for ____________________management, believing it lacks the variety, glamour and opportuni
    5·1 answer
  • Identifying Constraints of Communication Channels
    15·1 answer
  • Please help me asap. Will give brainliest answer too.
    5·1 answer
  • _______________ are typically thought of as "the voice of the consumer." Their job is putting consumers at the center of the com
    9·1 answer
  • Lang Warehouses borrowed $196,401 from a bank and signed a note requiring 7 annual payments of $33,942 beginning one year from t
    14·1 answer
  • What is the business?
    7·1 answer
  • What is the mindtap learning path most similar to?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!