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Marianna [84]
3 years ago
11

Which of the following characteristics differentiates a firm in an oligopolistic market from a firm in a perfectly competitive m

arket?A) A firm in an oligopolistic market has to consider its own impact on price when making production decisions.B) A firm in an oligopolistic market does not face competition from other firms.C) A firm in an oligopolistic market does not maximize profits.D) Firms in oligopoly markets do not reach a profit maximum when marginal revenue equals marginal cost.
Business
1 answer:
Oliga [24]3 years ago
6 0

Answer:

A) A firm in an oligopolistic market has to consider its own impact on price when making production decisions

Explanation:

A perfectly competitive market is a market with many firms selling identical product. There are free entry and free exist and the decision of a firm does not affect the price in the market as all firms are price takers. Therefore, each firm is independent under perfectly competitive market and production decisions of a firm in a perfectly competitive market does not affect the price in the market nor will it cause any reaction from other firms.

However, Oligopolistic market is a market where there are few firms which are 3 or more firms but not more than 20 firms selling identical or differentiated product.. Firms in oligopolistic market are interdependent which implies that the decision of one firm can affect price and this can cause reaction from other firms and then lead to a price war. A price war occurs when each firm continually reduces its own price in order to increase its market share which causes other firms to react reducing their own prices and this will make none of the firms to gain in the end. In order to avoid the price war, each firm in an oligopolistic market has to consider its own impact on price when making production decisions.

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Answer:

increases and decreases

Explanation:

The budget line will become flat and the slope will decrease. The proportion of stocks in the portfolio will fall.

The equation for the budget line is given by,

Rp=((Rm-Rf)/SDm)*SDp + Rj

where Rp is the expected return on the portfolio, Rm is the expected return from investing in the stock market, Rf is the risk-free return on Treasury bills, SDm is the standard deviation of the return from investing in the stock market, and SDp is the standard deviation of the return on the portfolio.

So when the standard deviation of the return on the stock market increases, the slope of the budget line decreases making the budget line to become flatter. The budget line’s intercept stays the same as Rf does not change. As stocks have become riskier without a compensating increase in expected return, the proportion of stocks in the investor’s portfolio will fall.

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3 years ago
The chess club has a goal of 36 new members. so far they have 30. what percent of the clubs goal have they achieved
Harrizon [31]
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or 5/6 in a calculator. Please give me Brainliest answer. Thank you a bunch.
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Language _____ means that your audience immediately recognizes and understands your word choices. clarity appropriateness correc
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\ mathcal{ \ text{which}
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Assume you pay $24,000 today in exchange for an annuity with monthly payments, an APR of 6.75 percent, and a life of 15 years.Wh
Fed [463]

Answer:

$212.38

Explanation:

In this question, we use the PMT formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $24,000

Future value = $0

Rate of interest = 6.75% ÷ 12 months = 0.5625%

NPER = 15 years × 12 months = 180 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer would be $212.38

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Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000. Also, cash of $50,000 was borrowe
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Answer:

$520,000

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Kela corporation reports a net income of $450,000

The depreciation is $70,000

A cash of $50,000 was borrowed on a 5-year note payable

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3 years ago
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