The market most likely to be characterized by oligopolistic competition in the united states is smartphone service providers.
<h3>
What is an oligopolistic competition ?</h3>
An oligopoly is when there are few large firms operating in an industry. This is because there are high barriers to the entry and exit of firms into the industry. The smartphone service provider industry is dominated by five industries due to the high cost and regulations in the industry.
Here are the options to the question:
a) soybeans
b) pens and pencils
c) smartphone service providers
d) men's clothing
e) electrical service to the home
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The Long-Run Aggregate Supply curve represents the full employment capacity of the economy and depends on the amount of resources available for production and the available technology.
<h3>What is Long-Run Aggregate Supply Curve?</h3>
The Long-Run Aggregate Supply (LRAS) Curve depicts the relationship between price level and real GDP that would exist if all prices, including nominal wages, were completely flexible. Along the LRAS, prices can move, but production cannot since it represents the output of full employment.
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Answer:
The correct answer is $2,444.6 billion
Explanation:
FCFE= FCF+ Increase in debt- Interest (1-t)
= $205+$25-$22( 1-0.35)
=$215.7
Market Value = [(215.7)1.02)]/ [11%-2%]
=$2,444.6
Assuming a single period growth rate of 2%,
the forecasted FCFE =$215.7(1+0.02)
=$220.01 billion
Although this is not available in the options provided ,$220.01 billion is the correct answer.
Answer:
0.2 or 20%
Explanation:
The odds of meeting an unhappy person will be the no. of unhappy people divided by the sample size.
=25/125
=1/5
The odds are 1 in every five people is extremely unhappy.
1/5 = 0.2 or 20%
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