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allsm [11]
3 years ago
8

A monopolistically competitive firm willA.have some control over its price because its product is differentiated.B.always produc

e at the minimum efficien
Business
1 answer:
aksik [14]3 years ago
8 0

Answer:

A i think not too sure tho.

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In order to be considered a legal owner of a public company, a person or organization must _____
olga_2 [115]

In order to be considered as a legal owner of a public company, a person or an organization must hold or own at least one stock of such public company.

<h3>What is the significance of a legal owner?</h3>

A legal owner can be referred to or considered as a person who is the owner of a property, whether movable or immovable, in the eyes of the laws. A legal owner is better than any other owner for having the right to own, possess, and sell such property.

In case of a public company, a legal owner will be someone who owns the stock of such company, irrespective of the quantity of stocks held by such owner.

Therefore, the significance regarding a legal owner has been aforementioned.

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3 0
1 year ago
The payoff matrix represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. each seller
vazorg [7]

For the statement  "The payoff matrix represents hypothetical profits that could be earned by two milk..." and the Milky Mose table  Both will cheat Option C. This is further explained below.

<h3>What is a payoff matrix?</h3>

Generally, payoff matrix is simply defined as when one player's tactics and those of the other are represented in a table called a payoff matrix, they are listed in rows.

In conclusion, In order to get an edge, both parties will engage in dishonesty. As a result, both parties will be tempted to cheat in order to gain an unfair advantage.

The payoff matrix below represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. Each seller must decide if they want to cheat or not to cheat on the production quotas in the cartel agreement. Use the payoff matrix to answer the questions below. Does either member have an incentive to cheat? Heifer's Gold will cheat, but Milky Moo will not. No, neither has an incentive to cheat, Yes, both will cheat. Milky Moo's will cheat, but Heifer's Gold will not

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8 0
2 years ago
Which of the following is incorrect regarding how a differentiation strategy can help a firm to improve its competitive position
nirvana33 [79]

Answer:

A. Supplier power is increased, because suppliers will be able to charge higher prices for their inputs

Explanation:

3 0
3 years ago
Which of the Ten Principles of Economics does welfare economics explain more fully?A. The cost of something is what you give up
Romashka-Z-Leto [24]

Answer:

A

Explanation:

8 0
3 years ago
James wants to utilize his creativity in the advertising business. So, he plans to leave his shoe manufacturing business. He thi
brilliants [131]

Answer:

C. He can hire a new employee for a temporary replacement

Explanation:

because what if the other states are going to shut down the trade industry and you just shut down your shoe factory the whole city is going to be shoe less so i would say c and wait to find a  worthy successor for his position in the shoe manufacturing business.

7 0
3 years ago
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