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telo118 [61]
3 years ago
6

Suppose an industry has a four-firm concentration ratio of 20 percent and a Herfindahl index of 600. According to the cartel mod

el, the industry would be more likely to have: a. a price war. b. either a monopolistic or a competitive price, depending on barriers to entry and exit. c. a competitive price. d. a monopolistic price.
Business
1 answer:
Rina8888 [55]3 years ago
6 0

Answer:

a competitive price

Explanation:

a competitive price

A four firm concentration ratio being just 20% shows and it is not mentioning any monopoly. Also a Herfindahl index of 600 is considered low

therefore a firm in mentioned industry likely to have a competitive price as lot of firms are  competing with same market shares.

competitive price is referred to that tactics where all competitor sells all items at same price.

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Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer’s responsibility?
ella [17]

The correct choices are;

<u>"A. knowing rights and responsibilities relating to money transfers  </u>

<u>C. notifying the bank of lost credit or debit cards".</u>


The Electronic Funds Transfer Act is a government law that secures shoppers occupied with the exchange of assets through electronic techniques. This incorporates the utilization of charge cards, computerized teller machines and programmed withdrawals from a financial balance. The demonstration likewise gives a methods for rectifying exchange blunders and restricts the risk from any misfortunes because of a lost or stolen card.

7 0
3 years ago
Read 2 more answers
Herm has nickels, dimes, and quarters. The total of his nickels and dimes are worth $2.70. The total of his dimes and quarters e
Dmitriy789 [7]

Answer: 8 quarters

Explanation:

Nickels means 5 cents

Dimes means 10 cents

Quarters means 25 cents.

N and D = $2.7 = 270 dollars

Q and D = $3.5 = 350 dollars

Find the attached document for the solution.

5 0
3 years ago
Economies of scale arise when a. an economy is self-sufficient in production. b. individuals in a society are self-sufficient. c
Marianna [84]

Answer:

d. workers are able to specialize in a particular task.

Explanation:

In Microeconomics, economies of scale can be defined as cost reductions or cost advantages that arises when a business entity is increases its  production or are large in size.

This ultimately implies that, when an organization chooses a convenient scale of operation or reduce its scale of production, this would lead to a reduction in the cost of production and consequently, some benefits such as lower long-run average cost, increased sales, profits and lower cost price for the consumers of these finished products.

Generally, economies of scale arise when workers are able to specialize in a particular task. This is so because having a good number of professionals and experts would increase the level of production or output, as they are quite conversant with the best method of production, time management and efficiency.

4 0
3 years ago
Gilbert would like to foster goal commitment in his department. He decides to do this by encouraging the collaboration of employ
IRINA_888 [86]

Answer: the correct answer is e. Participation

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Participation in business appeals to the idea that all individuals in an organization have to get involved since all the personnel in the company are in the same boat and share the same objectives or goals which is to thrive in a competitive business world.

6 0
3 years ago
All of the following except ________ will help you integrate visuals and text in business documents.
elena-14-01-66 [18.8K]

The options are:

maintaining a balance between text and visuals

identifying the visuals with titles, captions, and legends

referring to visuals in the text

putting the visuals into a separate section, such as an appendix

Answer:

putting the visuals into a separate section, such as an appendix

Explanation:

In business documents making use of visuals is a great way to pass accross information.

When the visuals are integrated with text that further explains the concept being communicated it is easier to understand by the reader.

All the options given make use of various methods of integrated visuals and text except the following:

Putting the visuals into a separate section, such as an appendix.

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