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3 years ago

It is difficult to predict the behavior of oligopolistic firms because

Business

1 answer:

Alexeev081 [22]3 years ago

4 0

Answer:

there is an interdependency of oligopolistic decisions on each other.

Explanation:

In an oligopolistic industry, firms have a sizable portion of the markets. This means that when an oligopolistic firm in the industry changes its price or changes its market strategy, it will most likely have effects on the other firms in that industry.

Cheers.

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An example of strategic planning is:

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Answer:

A) Deciding where to locate a new manufacturing plant

Explanation:

Strategic planning is the process in which the company sets its goals for the future, and makes plans to achieve those goals.

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3 years ago

The Porter Beverage Factory owns a building for its operations. Porter uses only half of the building and is considering two opt

siniylev [52]

Answer:

Differential income = $8,100

Explanation:

The differential income is the difference in income between the two alternative uses of the unused space. This would be done as follows:

Option 1

Income from the pop corn option:

Sales value 715,000

Less commission (6%×715,000) (42,900)

Net sales value 672,100

Option 2 :

Lease income from Salty Snacks

Lease income 188,800

Taxes 47,000

Insurance 9,000

Annual Net lease income 132,800

Total lease income for 5 years 132800× 5= $664,000

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Differential income = $8,100

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