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3 years ago

An agreement between two duopolists to function as a monopolist usually breaks down because:

Business

1 answer:

Burka [1]3 years ago

5 0

Answer:

c. each duopolist wants a larger share of the market to capture more profit.

Explanation:

An agreement between two duopolists to function as a monopolist usually breaks down because each duopolist wants a larger share of the market to capture more profit.

When the market is occupied by few firms as it is in the case of a duopoly, the possibility of collusion exists because it is characteristic of duopolies to set price and determine quantity to be produced in the bid to maximize profits. Nevertheless this collusion is usually short-lived because ultimately each firm faces the selfish desire of gaining more market share by cutting prices.

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A team of engineers has decided to design a new shoe for people suffering

beks73 [17]

Answer:

A. Look at the trial's results to see how the design can be improved.

Explanation:

This type of shoe is special because it is produced for a particular customer profile that has a health problem characterized by foot pain. Thus, engineers need to create a design that can minimize such pain before the product is produced on a large scale. This necessarily goes through a set of impact, damping and comfort tests. Throughout testing engineers will refine the product to the right design that will improve the well-being of clients with foot pain.

4 0

3 years ago

Read 2 more answers

Any given demand or supply curve is based on the ceteris paribus assumption that ___________________. Group of answer choices Wh

Kazeer [188]

Answer:

1. all else is held equal

2. quantity supplied

Explanation:

Given economics terminologies and definitions, it can be concluded that any given demand or supply curve is based on the ceteris paribus assumption that ALL ELSE IS HELD EQUAL

Also, it can be easily concluded that when economists talk about supply, they are referring to a relationship between the price received for each unit sold and the QUANTITY SUPPLIED.

3 0

3 years ago

If government policy allows a country's currency to be determined in the exchange rate market, then that currency will be subjec

Marrrta [24]

Answer:

The correct answer is D) a floating exchange rate.

Explanation:

The floating exchange rate is a characteristic of the currency that is not determined by any central bank, but from operations of supply and demand of the currencies in a stock exchange or the exchange market. This behavior is determined by internal factors and uncertainty such as inflation or natural phenomena, oil behavior, etc.

7 0

4 years ago

The general ledger journal entry in the General Fund to record actual expenditures and reversal of the associated encumbrance wo

HACTEHA [7]

Answer:

A credit to Encumbrance Control

Explanation:

In the case when the journal entry is the general fund is recorded and when we have to record the actual expenditure and the reversal of the attached encumbrance so here the encumbrance control should be credited as we have to record the actual expenditure that have incurred also the reversal of attached encumbrance so this account should be credited

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3 years ago

Joshua Gnaizda received an envelope in the mail from Time, Inc. The front of the envelope contained two see-through windows part

andreev551 [17]

Answer and Explanation:

There is no contract between Time's and Joshua, because it is not legally binding to each other and it has not been signed by either party. So not a single party is liable for the contract as the contract is unsigned and non-liable

Time has used it as a promotional means only for promoting magazine subscriptions.

Therefore, a case can not be built on letter-based basis.

7 0

4 years ago