1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Llana [10]
3 years ago
12

Sometimes reactions to prices in oligopolistic markets can result in a _________, which occurs when two or more firms compete pr

imarily by lowering their prices.
Business
1 answer:
spayn [35]3 years ago
6 0

Answer:

The correct word for the blank space is: price war.

Explanation:

An Oligopoly is when a small group of two or more companies dominates a market. Oligopoly firms may consent to market collusion, and create barriers to new commerce entry. If the businesses do not, they will probably be forced to lower their prices and open the market to new and smaller companies.

<em>In the event one of the firms forming the oligopoly decides to lower prices, a </em><u><em>price war</em></u><em> occurs breaking the balance of the oligopoly and destabilizing the equilibrium of demand and supply in that market.</em>

You might be interested in
Project: Interview
natulia [17]

A professional interview is a stage where information about the candidate's professional profile, experiences and job details are discussed.

<h3 /><h3>How can an interview influence the candidate's vision?</h3>

The candidate is able to develop insights into the career for which they are aiming for a position in the job market, through the information provided by the recruiter about the position and the characteristics desired by professionals, such as:

  • Communication
  • Creativity
  • Flexibility

Therefore, in a marketing career, for example, there are several characteristics that correspond to the most demanded in a candidate, due to the speed of market changes that demand constant innovation and creativity.

Find out more about interview here:

brainly.com/question/8846894

#SPJ1

3 0
2 years ago
State a comparison of
Korvikt [17]

Answer:

Ice, liquid water, and water vapor differ in the arrangement and motion of water molecules

Explanation:

3 0
3 years ago
Describe the swot analysis, its components, and how it aids a company in making strategic decisions. provide examples of each co
11Alexandr11 [23.1K]
This is my short version.

SWOT: strengths, weaknesses, opportunities and threats.
This is usually accomplished with a large management team. They can break out into teams, for an amount of time they start with strengths. They record and present. Reviewing the similarities help them focus. The ones that don't watchman be reviewed at another time. Do the same with the other categories. Allow 15 minutes for each discussion and 5 minutes for presentation. Hang them on the walls.
GOAL. To finish the 4 categories in about 2 - 2 1/2 hours.
NEXT STEP. Narrowing down the categories so that it is meaningful, doable and beneficial to the attendees.

This is called "where the rubber meets the road." This is where you need the time to discuss and move them towards decisions.
Example:
Strengths: great employees; good, solid management team
Weaknesses: Takes too long to hire when there is a vacancy; sometimes HR gives us resumes that do not match the vacancy
Opportunities: HR may relook at the hiring process, vacancies may get filled accurately and in less time
Threats: HR has vacancies also and they need additional manpower, finding time to improve

HOPE THIS HELPS!!!


4 0
3 years ago
Keynesian economists believe that the economy needs to be influenced in order to correct itself from the effects of unemployment
gregori [183]

Answer: fiscal policy

Explanation:

Fiscal policy simply means when the revenue and expenditure of the government is used to influence the economy of a particular country.

Keynesian economists believe that the economy needs to be influenced in order to correct itself from the effects of unemployment and inflation. This can be done through fiscal policies. According to the Keynesians, the demand from consumers has an effect on the aggregate expenditure.

4 0
3 years ago
BBBC is considering a similar mail campaign in the Midwest where it has data for 50,000 customers. Such mailings typically promo
Alinara [238K]
This explanation is correct lol
6 0
3 years ago
Other questions:
  • In a closed​ economy, aggregate expenditure is
    9·1 answer
  • Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The numbe
    9·1 answer
  • A monopolistic competitive firm is currently charging a price of $10 and producing 12,000 units/month. It faces monthly fixed co
    5·1 answer
  • Modern Federal Bank is setting up a brand-new branch. The cost of the project will be $1.2 million. The branch will create addit
    15·1 answer
  • 12. When the government levies a tax on a good equal to the external cost associated with the good’s production, it ___________
    12·1 answer
  • ________ is the possibility that the borrower's creditworthiness is reclassified by the lender at the time of renewing credit. _
    12·1 answer
  • A firm in a competitive industry has a total cost function of TC = 0.2 Q2 – 5Q + 30, whosecorresponding marginal cost curve is M
    5·1 answer
  • Ruben, Gerald, and Norma all work for the same company. Gerald and Norma both evaluate the company’s financial picture, but Gera
    5·2 answers
  • Your older sister, Anna is trying to figure out how she's going to pay for college in the Fall. Anna is going over her options w
    14·2 answers
  • Why do overhead costs often shift from high-volume products to low-volume products when a company switches from a conventional c
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!