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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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aksik [14]

Answer:

The correct answer is letter "A": the loyalty loop.

Explanation:

The loyalty loop describes a process of retaining customers instead of attracting new consumers. Before the purchase takes place, the loyalty loop summarizes the purchasing process has three steps: <em>enjoy, consider, </em>and <em>evaluate</em>. After the purchase, the process involves three steps: <em>enjoy, advocate, </em>and <em>bond</em>. Both processes end up in a buy but the second process ensures the customer develops a <em>commitment </em>with the brand and is unlikely to look for competitors' products.

3 0
3 years ago
During Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its o
SCORPION-xisa [38]

Answer:

B) Total assets increased by $200.

Explanation:

If during Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its owners. Based on this information alone:

Then it is correct that there was a net income of $350 before the payment of dividend which is gotten by 1,950 - 1,600. Cash from operating activities will also be the same amount of $350.

However it will not be correct to state that assets increased by $200 as there is no such indication.

6 0
3 years ago
What is important to consider about a facility for a business?
Mamont248 [21]

It is important to consider some factors when choosing a facility for your business. Some critical factors to consider include the following.

  • Location (on well-traveled streets, or tucked away in the country)
  • The interior layout: the amount of space, how it would be subdivided into rooms or work areas to best serve you
  • How it could be constructed or decorated to provide the capabilities and business atmosphere that best suits your operation
  • The exterior: its appearance (and that of surrounding buildings) and the impression that it conveys about your business
  • Provision for necessary features such as parking facilities and loading docks

<h3>What is a Business Facility?</h3>

A Business Facility refers to a building location or portion at which employees perform services for their employer.

It is important to note that a business facility  does not include any workplace or portion of a workplace that also serves as the employee's or employer's personal residence.

Learn more about business facility at  brainly.com/question/12255901

SPJ1

3 0
2 years ago
Charismatic leaders ________
AfilCa [17]

Answer:

C

Explanation:

one it makes sense & it fits in the context of the sentence

7 0
4 years ago
Which question is an illustration of a macroeconomic question? rev: 05_10_2018 Multiple Choice Is a corporation unresponsive to
Tasya [4]

Answer:

How will the government’s budget deficit be affected by public infrastructure projects?

Explanation:

Macroeconomics is concerned with the general behavior and changes in the economy as a whole. Macroeconomics studies parameters that affect the entire economy, such as inflation, unemployment, national income, gross domestic product (GDP), and general price levels.  It contrasts microeconomics, which studies the choices and behavior of individual households and industries.

A government's budget is for the entire economy.  A deficit that affects public infrastructure projects will impact the country's economic development programs. Government spending forms part of fiscal policies that influence economic development in a country.

8 0
3 years ago
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