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3 years ago

What power does a market leader in an oligopoly have

Business

2 answers:

s2008m [1.1K]3 years ago

6 0

Oligopoly a market structure in which a few late firms dominate a market.

mrs_skeptik [129]3 years ago

5 0

Answer:

The correct answer is a combination of many powers.

Explanation:

To begin with, an oligopoly is a type of market where a few number of competitors dominate that market. However, those competitors tend to be so agressive with each others due to the fact that a low performance from one can benefit the other in a huge way, therefore that this type of market is characterized for the differentation of the products or services and for the huge publicity they do.

Secondly, it is huge the number of powers that a market leader has in this type of market, examples of that is the fact that the leader tends to have a great differentation in its product and loyalty from the customers, therefore a big price in the product is no problem for the clients that still buy to that company and therefore obtain a great benefit from that. Furthermore, the fact that few companies are in the market benefit the situation where all of them may not try their best at the time of providing their service or product to the clients.

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Contractionary fiscal policy to prevent real gdp from rising above potential real gdp would cause the inflation rate to be _____

vekshin1

Answer:

Contractionary fiscal policy to prevent real gdp from rising above potential real gdp would cause the inflation rate to be LOWER and real gdp to be LOWER.

Explanation:

A government engages in contractionary fiscal policy when it decreases spending or increases taxes. This is done to lower the economy's inflation rate, but it also decreases aggregate income which will decrease aggregate supply, resulting in a lower real gross domestic product.

6 0

4 years ago

The body of a routine message that requests information or action should

Papessa [141]

Your answer is A.) present details that explain your request

3 0

4 years ago

Gantner Company had the following department information about physical units and percentage of completion: Physical Units Work

aniked [119]

Answer:

200,000 units by Weighted Average Cost Method

164,000 units by FIFO Method

Explanation:

1. Where Weighted Average Cost Method is used.

Assuming that Gantner Company uses the Weighted Average Cost Method, the total number of equivalent units for materials during May can be determined as follows :

Completed and transferred out (180000 x 100) 180,000

Ending Work In Process (50000 x 40%) 20,000

Total equivalent units for materials 200,000

1. FIFO Method is used.

Assuming that Gantner Company uses the FIFO Cost Method, the total number of equivalent units for materials during May can be determined as follows :

To Complete Opening Work in Process (60000 x 40%) 24,000

Completed and transferred out (180000 - 60,000) x 100% 120,000

Ending Work In Process (50000 x 40%) 20,000

Total equivalent units for materials 164,000

8 0

3 years ago

Barney, a manager, is very conventional, resistant to change, habitual, and does not accept new ideas very easily. This implies

xxMikexx [17]

Answer:

This implies or states to low openness to experience

Explanation:

Low openness to experience, it is related to people who are mostly dedicated to work they do and make sure that their tasks or work through to the end.

So, in this case, Barney, who is the manager is very resistant to adapt the change, very conventional and does not accept the new ideas so easily. This states that the manager, is very low for experiencing the openness or to the new ideas.

4 0

4 years ago

Which type of credit is usually due within 30 days, and the borrower pays the amount due all at once?

seraphim [82]

The answer is B.noninstappment credit

8 0

4 years ago

Read 2 more answers