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AURORKA [14]
3 years ago
12

If oligopolists engaged in some sort of collusion, industry output would be __________ and the price would be _________ than und

er perfect competition.
Business
1 answer:
chubhunter [2.5K]3 years ago
8 0

Answer & Explanation:

If oligopolists engaged in some sort of collusion, industry output would be less than before and the price would be higher than under perfect competition.

When oligopolists collude, they will act as a monopoly, then the price that they will set would be higher than if they are under perfect competition. Also, the quantities that they will offer would be less. This happens because the quantity produced is determined by the intersection between the marginal cost curve (MC) and the marginal revenue curve (MR) and not by the intersection between the MC and the demand.

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Sheryls's business sells a single product. The following information was gathered from Sheryls's records: Price $97.00 per unit
VLD [36.1K]

Answer:

12,497 units

Explanation:

Break even unit = Fixed Cost ÷ Contribution per unit

                           = $400,000 ÷ $97.00 x 33%

                           = 12,497 units

Sheryls's business need to sell  12,497 units to break even

4 0
3 years ago
In the united​ states, a reason for the increase of the labor force participation rate for women is that
kvv77 [185]
... Keep On Going I need to read more
4 0
3 years ago
Jake, a new human resource manager, alters the hiring and recruitment process of his firm when he learns that the firm was regul
Tom [10]

Answer: Affirmative action.

Explanation:

An affirmative action is a form of action taken that favors members of a particular sex, race, religion, tribe that has been discriminated against in the past. Jake's decision to ensure equal opportunity to all genders is a type of affirmative action.

8 0
3 years ago
One type of mutual fund does not endeavor to achieve the goals of a balance of bonds and stock or​ growth, income, and stability
jonny [76]

The correct answer is the Life Cycle Fund.

The Life Cycle Fund is a mutual fund that is automatically adjusted during the life of the fund. The fund managers work to balance the investments in the fund to match an investor's age and risk tolerance as the investor gets closer to retirement.

3 0
3 years ago
during the 1970s, some economists argued that the cause of the woes of the economy were due to . a.) increase in unemployment, a
mr Goodwill [35]

During the 1970s, some economists argued that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil

<h3>What was the economic crisis of the 1970s?</h3>

This refers to the term that is used to discuss and describe the economic crisis that threatened to engulf the United States financial sector due to certain influences such as the 1973 oil crisis, the fall outs of the Vietnam War under President Johnson and many other factors.

Hence, it can be seen that with these factors in mind, the main argument of some economists was that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil as can be found in option D which is true because of the supply shock which helped to cripple the US economy.


Read more about economic crisis of the 1970s here:

brainly.com/question/1549639

#SPJ1

6 0
1 year ago
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