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sesenic [268]
3 years ago
5

In markets characterized by oligopoly,

Business
1 answer:
Ray Of Light [21]3 years ago
6 0

<u>Answer</u>:

In markets characterized by oligopoly, B) the oligopolists earn the highest profit when they cooperate and behave like a monopolist.

<u>Explanation</u>:

Oligopoly markets are those markets in which there are two or more businesses that have no direct competition with each other in the marketplace. Only these few businesses dominate the whole market. Businesses or their owners in these types of markets are known as oligopolists. To get high profits in Oligopoly influenced markets, the oligopolists act like monopolists, which means that they cooperate and become the leaders in their specialties to gain more profits in the market collectively.

Therefore, alternative B is correct.

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Answer: Itemized response.

Explanation:

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4 years ago
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On January 1, 2021, the Dayton Auto Parts Company acquired nine identical assembly robots for a total of $594,000 cash. The robo
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Answer:

the journal entry for the acquisition

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Credit:  Cash $594,000

Explanation:

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3 years ago
On July 1, 2017, Markie purchased a ten-year $10,000 bond. The bond has a stated interest rate of 4%, payable annually on July 1
sergejj [24]

Answer:

Interest will be $368

So option (B) will be correct answer

Explanation:

We have given Markle purchased a ten year $10000 bond

So price of bond = $10000

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Time = 336 days

We know that 1 year = 365 days

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So interest will be equal to interest=\frac{price\times rate\ of\ interest\times time}{100}=\frac{10000\times 4\times 0.9205}{100}=$368

So option (B) will be correct answer

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3 years ago
Who is likely to be in favor of a price ceiling on a good?
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Answer:

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Explanation:

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