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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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Williams Inc. produces fluorescent lightbulbs for commercial use. The accounting manager is attempting to estimate the total cos

Nostrana [21]

Answer:

Variable cost per unit is $9 and the fixed cost is $29,500

Explanation:

The computation of the variable and fixed components are shown below:

For variable cost per unit, it equals to

= (High cost - low cost) ÷ (High associated cost drivers - low associated cost drivers)

= ($92,500 - $60,100) ÷ (7,000 - 3,400)

= $32,400 ÷ 3,600

= $9 per unit

Now the fixed component equal to

= (High cost) - (variable cost per unit × high associated cost drivers )

= $92,500- ($9 per unit × 7,000)

= $92,500- $63,000

= $29,500

5 0

3 years ago

When consumers start to examine the content of media messages they can turn into media-literate viewers. One skill such viewers

EleoNora [17]

It is manipulation because they’re assuming

4 0

3 years ago

We have assumed that the fiscal policy variables G and T are independent of the level of income. In the real world, however, th

zavuch27 [327]

Answer:

A) attached below

B) $\frac{1}{1 -C1 + c1 t1}$

C) The fiscal policy is called an automatic stabilizer because the taxes are dependent on the level of income and also the output of the multiplier is more stable because it doesn't respond to rapid changes in fiscal policies.

Explanation:

Given data:

C = Co + C1YD

T = t0 + t1Y

YD = Y - T

G and I are both constant

C1 lies between 0 and 1 while T1 lies between 0 and 1

A ) solving for equilibrum output

attached below

B) The multiplier

Multiplier = $\frac{1}{1 -C1 +c1t1}$

The economy responds to changes in autonomous spending when t1 is 0 but responds less when t1 is positive, this is because the more positive t1 is the lower the multiplier value

c) The fiscal policy is called an automatic stabilizer because the taxes are dependent on the level of income and also the output of the multiplier is more stable because it doesn't respond to rapid changes in fiscal policies.

8 0

3 years ago

3. List and explain at least 3 strategies for successfully increasing diversity in the workforce.

Maksim231197 [3]

Answer: To include diversity within the work environment, the following actions can be developed:

1- Establish a policy at the level of human resources to hire a specific number of women, mens, nationals and foreigners.

2- Dedicate one or several days a year to show the different cultures that remain in the company.

3- Place signs in the work area such as walls, wallpapers on the work site inherent in diversity.

4 0

3 years ago

In a limited partnership, the general partners should encourage the limited partners to take a more active role in the operation

jeka94

Answer:

The correct answer is letter "B": False.

Explanation:

A Limited Partnership involves two or more partners conducting a business. The <em>general partners</em> are those with unlimited liability over the business and power to make decisions on the course of the company. <em>Limited partners</em> do not influence in business decisions but do not share liabilities with general partners.

However, both the general and limited partners share profits for the time they decide to work together.

6 0

4 years ago