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
kaheart [24]
3 years ago
7

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.

You might be interested in
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

8 0
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
Other questions:
  • A processor housing that contains more than one processor is referred to as what term
    5·1 answer
  • Which of the following is a bottom-lined statement for a progress report?
    9·1 answer
  • The most important factor in determining whether a research collaboration will be successful is:
    11·1 answer
  • The impairment rule for goodwill involves how many steps?(a)1(b)2(c)3(d)4
    10·1 answer
  • Frank purchased tools that totaled $24.80. If he had to pay a 6% sales tax, how much did Frank have to pay in total?
    8·1 answer
  • Dunkin’ Donuts made a strategic decision to make its business about the coffee, not just the donuts. What are the risks when a c
    14·1 answer
  • what is meritocracy? a)promotion in the work place based on merit and work ethic. b)promotion in the work place based on appeara
    6·1 answer
  • Explain how a service business might help another business.
    7·1 answer
  • Describe legislation passed to regulate banks​
    12·1 answer
  • How did the government help the economy? the economy of country y has experienced increased unemployment and reduced gdp for six
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!