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Lisa [10]
3 years ago
5

If oligopolistic firms facing similar cost and demand conditions successfully collude, price and output results in this industry

will be most accurately predicted by which of the following models?
A. the kinked demand curve model of oligopoly
B. the price-leadership model of oligopoly
C. the monopoly model
D. the monopolistic competition model
Business
1 answer:
Andrews [41]3 years ago
7 0

Answer:

C) the monopoly model

Explanation:

First of all, collusion is illegal, and it is defined as secret cooperation between individuals or organizations that should be competing against each other.

In this case, the oligopolistic firms should be competing against each other trying to earn a larger market share, but since they collude together, they will act as if they were one single large monopoly. Usually collusion leads to higher prices, benefiting the companies but hurting the customers. Since all the competing firms in the market decided to work together, they will set their prices in a similar manner to a monopoly since there is no real competition between them.

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kondor19780726 [428]

Answer:

B. the amount the customer can pay

Explanation:

Pricing is one of the 4 P's of marketing mix. It involves assigning the right value to one's goods and services. Choosing the right price on a product will determine the success of the business because if it is too high, customers will not afford it and therefore not be willing to buy it. However, if it is priced right and it meets their needs, they will most likely buy it , making choice B correct.

8 0
3 years ago
How much money is 75 pounds of gold worth?
Agata [3.3K]
<span>$1,347,472.70 is the correct answer</span>
7 0
3 years ago
the market interest rate is often called the group of answer choices effective rate. stated rate. contractual rate. coupon rate.
fredd [130]

The market interest rate is often called the effective interest rate. It is also known as the yearly equivalent rate, the effective interest rate, and the effective rate (AER).

The true return on a savings account or any other interest-paying investment is known as the effective annual interest rate when the advantages of compounding over time are taken into consideration. Additionally, it shows the precise percentage rate of interest on all unpaid debts, such as credit card balances and loans.

The effective yearly interest rate serves as a proxy for the actual interest rate on a loan or investment. The most important feature of the effective yearly interest rate is the fact that it takes into account the fact that greater effective interest rates will arise from more frequent compounding periods.

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5 0
1 year ago
Use the information to answer the following questions. XXX, Inc. Balance Sheet 2018 2017 2018 2017 Cash 200 450 Accounts Payable
Anna11 [10]

Answer:

$2,145

Explanation:

For the computation of Net Operating Profit After Taxes (NOPAT) first, we need to compute the tax rate which is shown below:-

Tax rate = Tax expense ÷ Earnings before tax

= 700 ÷ 2,000

= 35%

Net Operating Profit After Taxes (NOPAT) = EBIT × (1 - tax rate)

= 3,300 × (1 - 35%)

= $2,145

Therefore for computing the Net Operating Profit After Taxes (NOPAT) we simply applied the above formula.

3 0
3 years ago
The ratio of earnings to sales for a given time period is a​ firm's profit margin.
slega [8]

Answer:

The answer is: True

Explanation:

The profit margin of a business can be calculated using the following formula:

  • gross profit margin = (gross profit / net sales ) x 100
  • net profit margin = (net income / net sales) x 100

The difference between them is that the gross profit margin only considers the difference between net sales and COGS, while the net profit margin includes other expenses.

7 0
3 years ago
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