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mariarad [96]
3 years ago
7

Consider an oligopoly industry whose firms have identical demand and cost conditions. If the firms decide to collude, then they

will want to collectively produce the amount of output that would be produced by:______
a. A monopolistic competitor.
b. A pure competitor.
c. A pure monopolist.
d. None of the above.
Business
1 answer:
77julia77 [94]3 years ago
3 0

Answer:

The correct answer is C. A pure monopolist.

Explanation:

The pure monopoly arises when there is a total absence of competition, due to independent entry barriers to the company's competitive capacity.

A single company offers a product that has homogeneous characteristics, which has no substitutes and for that reason has a large number of buyers. There are also economic, technological or legal barriers that prevent the entry of potential competitors. That is, there are barriers to entry.

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Discuss how managers can leverage on organizational behaviour components to maximise business success.
rusak2 [61]

Answer:

Managers can leverage organizational behavior components to maximize business success in the following ways:

Clearing locusts of control

Establishing communication chains

Organizing teams and orienting them to objective reach.

Identifying opportunity areas and establishing a critical feedback mindset for growth.

working with teams in an inclusive leadership scheme.

Explanation:

First of all, managers are observers that are trained to identify the processes of the organization. They have theoric and practical knowledge of the business dynamic and coordinate its operations to achieve success. Now, they have to set the organization's locus of control. To see what goals are achievable and which aren't. They also, create channels of communication to create a constant and dynamic environment to improve its operations. They organize teams setting goals and providing them tasks as well as responsibilities and freedom to innovate. Finally, they identify the opportunity areas and with a leadership scheme they work with the teams to improve efficiency.

7 0
3 years ago
As the Bantu spread throughout Africa, they became hunter-gatherers. * True False
BaLLatris [955]
My teacher said that it is true
4 0
3 years ago
The linear sequential model of software development is A reasonable approach when requirements are well defined. An old fashione
Sonja [21]

Answer:

The linear sequential model of software development is

A reasonable approach when requirements are well defined.

Explanation:

This type of software development model, called the linear sequential model, is also known as the classic life cycle or waterfall model.  The model suggests a systematic, sequential approach to Software Development, starting at a design level and progressing through the processes of communication, planning, modeling, construction, and deployment, till the final stage of support.  The model is simple to understand and use.  With this model, each phase must be completed before the next phase can begin and there is no overlapping in the phases.  This is why requirements must be well-defined.

7 0
3 years ago
A company's prime costs total $3,000,000 and its conversion costs total $7,000,000. if direct materials are $1,000,000 and facto
elena-14-01-66 [18.8K]
<span>Given the DL formula and the information provided;

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4 0
3 years ago
Consider the relative liquidity of the following assets: Assets
Marrrta [24]

Answer:

4. Your house - MONEY IS THE MOST LIQUID ASSET THAT CAN EXIST

2. The funds in a savings account  - MOST SAVINGS ACCOUNTS ALLOW THEIR CLIENTS A CERTAIN NUMBER OF WITHDRAWALS OR ELECTRONIC TRANSFERS PER MONTH, SO MONEY AT A SAVINGS ACCOUNT IS ALSO VERY LIQUID.

1. A bond issued by a publicly traded company - THE COMPLETE PROCESS OF SELLING A BOND MAY TAKE FROM ONE FULL DAY TO A FEW DAYS, SINCE FIRST YOUR TRADER MUST SELL THE BOND AND THEN THEY MUST TRANSFER THE MONEY TO YOUR ACCOUNT. STILL BONDS ARE LIQUID ASSETS.

4. Your house - SELLING A HOUSE IS A LONG PROCESS THAT CAN TAKE A FEW DAYS (AT BEST) TO SEVERAL MONTHS, SO A HOUSE IS NOT A VERY LIQUID ASSET.  

3 0
3 years ago
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