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
Scilla [17]
3 years ago
12

If the marginal cost for oligopolies or cartels suddenly fell due to a new technology, then these firms would also be forced to

cut their prices.A. This is a true statement.B. This is a false statement.C. This is a true statement and the ATC would also fall.D. None of the above.
Business
1 answer:
Natasha2012 [34]3 years ago
6 0

Answer: The correct answer is "B. This is a false statement.".

Explanation: If they are companies that compete with each other, depending on the behavior of each one, it will be determined whether or not they are forced to lower prices. But if it is a cartel which colludes for the benefit of all, surely companies would choose to keep prices at the same level since, having a lower cost, would imply a greater benefit.

You might be interested in
Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and t
kirza4 [7]
Given that <span>Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and the average variable cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>
6 0
3 years ago
g The current ratio is a.a solvency measure that indicates the margin of safety for bondholders. b.used to evaluate a company's
adoni [48]

Answer:

b.used to evaluate a company's liquidity and short-term debt paying ability.

Explanation:

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.

The current ratio is sometimes referred to as the “working capital” ratio and helps investors understand more about a company’s ability to cover its short-term debt with its current assets.

A company with a current ratio less than one does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a current ratio greater than one indicates the company has the financial resources to remain solvent in the short-term.

3 0
3 years ago
A great business idea is A. the beginning of a great business. B. all you need to succeed. C. something that comes along once in
Kryger [21]

Answer:

A beginning of a great business

Explanation:

Not for sure that the answer

5 0
3 years ago
A(n) _____ is something a person wants to get out of a job or that brings them job satisfaction.
Pie
Work value because it is part of a job
3 0
3 years ago
Read 2 more answers
The office of management and budget helps determine _____.
MissTica
How much money to give federal agencies
3 0
3 years ago
Read 2 more answers
Other questions:
  • The manager of the bank where you work tells you that your bank has $10 million in excess reserves. she also tells you that the
    9·1 answer
  • SDJ, Inc., has net working capital of $2,060, current liabilities of $5,550, and inventory of $1,250.
    11·1 answer
  • Streaming media uses only small amounts of data true or false
    6·1 answer
  • Two technicians are discussing front-wheel drive (FWD). Technician A says that the FWD pulls the weight, making it more suitable
    9·2 answers
  • How does real fingerprint analysis differ from the fingerprint analysis shown on television programs such as CSI?
    8·2 answers
  • 2. If you run out of legal pads at home and there are several cases of legal pads at work, what
    5·2 answers
  • A small apartment property is estimated to have potential gross income of $ 25,000. Vacancy and collection losses are expected t
    13·1 answer
  • Ray started out with one small print shop. His business has grown so much that he now has two other branches across town. Ray ha
    13·2 answers
  • During the ________ phase of the product life cycle, the company incurs considerable costs for educating customers, building wid
    9·1 answer
  • Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review an
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!