<u>An </u><u>oligopoly</u> occurs when circumstances have allowed several large firms to have all or most of the sales in an industry.
Oligopoly markets are markets dominated with the aid of a small range of suppliers. They can be determined in all international locations and throughout a large range of sectors. some oligopoly markets are aggressive, even as others are appreciably much less so, or can as a minimum seem that way.
A number of the most exquisite oligopolies within the U.S. are in film and television production, recorded track, wi-fi companies, and airlines. for this reason the 1980s, it has become greater, not unusual for industries to be ruled with the aid of or three companies. Merger agreements among foremost gamers have ended in industry consolidation.
An oligopoly is a market structure in which a market or enterprise is ruled by means of a small wide variety of big sellers or manufacturers. Oligopolies regularly end result from the choice to maximize profits, leading to collusion among corporations.
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The perfect home brokerage firm was found guilty of running deceptive ads. The federal trade commission might require all of the following except Letters of apology to all affected consumers.
<h3>
What is the federal trade commission?</h3>
The Federal Trade Commission is an independent agency of the United States government whose primary objective is to enforce civil antitrust law in the United States and to promote consumer protection.
The FTC and the Department of Justice Antitrust Division share authority over federal civil antitrust enforcement.
The federal trade commission is essentially a police that protects trade especially consumers.
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The precedence diagram for the problem above is attached. See the definition of a precedence diagram and the probability calculations below.
<h3>What is a precedence Diagram?</h3>
A precedence diagram is an optical or graphical representation tool that displays a project's activities.
<h3>
What is the probability of finishing the project by the 24th day or less?</h3>
Recall that:
z = (Specified Time - Path's mean)/Path's Standard Deviation.
Hence for z₂₁
(21 − 20.5)/1.118 = 0.447 ≈ 0.45.
Hence the probability is: P(Z<0.45) =0.6736
(21 − 21.5)/1.344 = −0.3721 ≈ −0.37
Hence the probability is: P(Z<-.37) = 0.3557
(21 − 19.5)/.726 = 2.066 ≈ 2.07
Hence the probability is: P(Z<2.07) = 0.9808
Following through on the above, the project will be finished in less than 21 days is given as:
P = 0.23499920921
P ≈ 0.2350
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Answer:
$26 per share
Explanation:
The computation of the today stock price is shown below:
= Selling price of per share ÷ (number of completed ÷ number of stock split)
= $90 ÷ (7 ÷ 2)
= $90 ÷ 3.5
= $26 per share
We first divide the number of completed with the number of stock split. The value come is divided to selling price per share so that the accurate price of the stock can come.
