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
suter [353]
3 years ago
15

Lenovo, HP, Dell, Acer Group, and Apple dominate 70% of the world market for personal computers). Smaller competitors survive by

focusing on providing unique products / services that meet the needs of select sub-segments in these industries. This type of competitive interaction illustrates:
Business
1 answer:
Over [174]3 years ago
4 0

Answer:

Oligopoly

Explanation:

Oligopoly is simply defined as the situation in which more than two firms own/control the largest market share, while other smaller firms contend for the remaining share of the market.

For better understanding;

  • Monopoly: one firm owning/controlling the largest market share.
  • Duopoly: two firms own/control the largest market share.
  • Oligopoly: more than two firms own/control the largest market share.

In this type of competition (Oligopoly), the smaller firms survive by offering unique features in their products and services while some offer cheaper prices for their products and services.

You might be interested in
A marketing company wants to estimate the proportion of consumers in a certain region of the country who would react favorably t
Sindrei [870]

The closest to the minimum number of consumers needed to obtain the estimate with the desired precision is (b) 271

Explanation:

When the prior estimate of population proportion is not given , then the formula to find the sample size is given by :-

n=0.25(\frac{z^{*} }{E} )^{2}

where E = Margin of error.

z* = Critical z-value.

As per given , we have

E = 5%=0.05

Confidence level = 90%

The critical value of z at 90% is 1.645  (By z-table)

Put all values in the formula , we get

n=0.25(1.645/0.05)²

n=0.25(32.9)²

n=270.6025≈271

Thus, the minimum sample size needed = 271

Hence , the correct answer is 271 .

8 0
3 years ago
Dozier and his wife, daughter, and grandson lived in the house Dozier owned. At the request of the daughter and grandson, Pascha
liubo4ka [24]

Answer: Yes

Explanation: In the above case, a quasi-contract was formed. This is when a bilateral contract is not in place but one party will enjoy the benefit of the activities of the other party and may be enriched  by it.  

A bilateral agreement is the exchange of a promise for another and in this case would have been, the promise that Dozier would pay for Paschall’s work. This was not established, however, Dozier will benefit from Paschall’s work unduly if he does not pay for the improvements. The law holds that he has to pay for Paschall’s work to prevent being unjustly enriched.

6 0
3 years ago
Industrialist who established standard oil
Ksju [112]
That would be John D. Rockefeller who gained control over the oil market by buying up small companies and sell oil at a significantly lower price to force his competitors to sell to him and them when he had majority control over the oil market he them just muscled the remaining out of business and then jack up the price on his oil to rake in huge profits. <span />
7 0
2 years ago
Solving for dominant strategies and the Nash equilibrium Suppose Clancy and Eileen are playing a game in which both must simulta
jarptica [38.1K]

Answer:

See attached file

Explanation:

6 0
3 years ago
The tax withheld from your check each pay period will be 20 dollars. True False
strojnjashka [21]
False.... The amount of money taken out of a check for taxes depends on how much you're getting paid.
3 0
3 years ago
Read 2 more answers
Other questions:
  • What is the one thing that is both a strength and a weakness for the rail industry?
    8·1 answer
  • An oligopoly is a market in which a the actions of one seller in the market have no impact on the other sellers' profits. b firm
    8·1 answer
  • SDJ, Inc., has net working capital of $2,060, current liabilities of $5,550, and inventory of $1,250. What is the current ratio?
    9·1 answer
  • James purchased a commercial property at a 7.5% cap rate. The previous owner agreed to finance the deal at 8%. Why may James ele
    11·1 answer
  • Which of the following is true of accrual basis accounting and cash basis​ accounting? A. Cash basis accounting records all tran
    7·2 answers
  • Explain how<br> Globalization<br>can impact a labor market.​
    14·1 answer
  • Shelby Cabinets, Inc. produces custom cabinets. The following inventory balances appeared on its balance sheet.
    15·1 answer
  • Jasmine2720
    10·2 answers
  • When participating in fiscal planning, a leader should perform what role?
    12·1 answer
  • The reason that quantum effects are not observable in the everyday, macroscopic world, is because:_____.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!