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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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Answer: Option(d) is correct.

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With increased interest rate, borrowers have to pay more for the loans. Conversely, if there is a fall in an interest rate then as a result demand for the loanable funds increases, as it will become cheaper for the borrowers.

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3 years ago
Mixing lime green and scarlet red would result in what outcome?
xxTIMURxx [149]

Answer:

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Explanation:

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4 years ago
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LekaFEV [45]

Answer:

Common market.

Explanation:

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A common market can be defined as a formal agreement between a group of countries in which they adopt a common external tariff on products imported from countries outside the union. It is simply a type of market involving the formal organization of countries who have collectively agree to trade freely with one another with eliminated internal tariffs but imposes a common external tariff on trade with other countries.

Common market was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.

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4 0
2 years ago
Narciso Corporation is preparing a bid for a special order that would require 880 liters of material R19S. The company already h
bija089 [108]

Answer:

$5,456

Explanation:

A relevant cost can be defined as the cost that are said to be in form of a future cash cost that is relevant and important to a particular decision.

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