From the point of view of the consumer, Bertrand oligopoly is <u>undesirable</u> since it leads to an outcome similar to zero.
An oligopoly is a market where there are a small number of firms who realize they are interdependent in their pricing and output policies. In this market, the number of firms are small enough to give each firm some market power.
Bertrand model of oligopoly is a model of competition in which two or more firms produce a homogenous good and compete in prices. However, this competition in prices where the goods are perfect substitutes, ends with the firms selling their goods at marginal costs and thus making zero profits out of it.
Hence, from the point of view of the consumer, Bertrand oligopoly is undesirable.
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Answer:
The correct answer would be, Scientific Management.
Explanation:
Scientific Management is the concept of Management. This concept analyzes and synthesizes the workflows. The main purpose of implementing this theory or concept of management is to enhance or increase the efficiency of the economy. It specifically includes the Efficiency and Productivity of Labor.
So when Adrianne is finding methods to improve the productivity of individual workers of her company, and wants her employees and workers to complete more work in less time, she is basically implementing Scientific Management Theory.
Answer: You dont find love love finds you. If you have the connection with someone and feel as if you could spend the rest of your lives together the n that is love.
Explanation:
Elon musks annual report. It makes the most sense.