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tatyana61 [14]
2 years ago
5

An oligopolistic market structure is distinguished by several characteristics, one of which is either homogeneous or differentia

ted products.
What are some other characteristics of this market structure? Check all that apply.

a) Difficult entry
b) Market control by a few large firms
c) neither mutual interdependence nor mutual dependence
d) Mutual interdependence
e) Market control by many small firms.
Business
1 answer:
djyliett [7]2 years ago
5 0

Answer:

The correct answers are letters "A", "B", and "D": Difficult entry, Market control by a few large firms; Mutual interdependence.

Explanation:

An oligopoly is when a <em>small group of two or more large firms controls the market</em>. Oligopolistic firms may<em> contribute to market collusion, and build obstacles to new trade entry</em>. If the companies do not, they are likely to be forced to lower their prices and open the market to smaller companies.

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Is Ann Wood a high-involvement manager? If so, provide evidence. If not, how well do you think she’ll perform in her new job as
Soloha48 [4]
Yes she is










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5 0
3 years ago
On October 1, year 14, Park Co. purchased 200 of the $1,000-face-value, 10% bonds of Ott, Inc., for $220,000, including accrued
lana [24]

Answer:

Bond receivable - Ott Inc 200,000

Premium on B.R Ott Inc       14,400

Interest receivables             10,000

Net:                                     224,400

Explanation:

As Park Co uses straight line method, we don't have to solve for the present value of the bond we directly label the difference between cost and face value as premium or discount accordingly. Premium when above and discount when lower.

accrued interest:

200 bonds x $1,000 each x 10% x 3/12 = 5,000

220,0000 cost - 5,000 interest - 200,000 face value = 15,000 bond premium

Balance at December year 15:

the interest payable will be for the entire period:

200,000 x 10% / 2 = 10,000

the premium will be amortized for 3 month.

and it has outstanding 75 month to mature from October 1st

15,000 x 3 / 75 months = 600

carrying value 15,000 - 600 = 14,400

8 0
3 years ago
Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher e
Tju [1.3M]

Answer:

Specific country(Nigeria)

(1) High level of corruption in the Educational sector

(2) Inadequate funding

(3) Inconsistent public policy.

Why should solid elementary System take precedence over expansion of University.

(A) To reduce the level of illiteracy and out of school children.

(B) To build a good foundation for the younger Population.

Explanation:

Developing countries are countries that have not yet achieved their full potential,they are improving but still lack in several areas like Education, Infrastructures, funding, Unemployment etc

Nigeria is judged by the World bank, Transparency international as one of the most corrupt countries of the world this is affecting the utilisation of funds for education making it difficult to execute effective development projects in the Educational sector,in Nigeria successive Governments change education policies making it extremely difficult to achieve

greater positive development impact from their higher education programs.

Instead of expansion of the University System it is better to invest in the elementary school level to ensure that the level of illiteracy and out of school children is reduced or eliminated and to build a better future for the younger kids and Population.

3 0
3 years ago
What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont
Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

<u>Explanation:</u>

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}

P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}

The probability of losing would be:

P(loss) = 1 - P(win)

P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

= 9,999,999 X \frac{1}{15,890,700}  + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37

Thus, we expect to lose $0.37 per lottery ticket

7 0
3 years ago
Record the January 31, 2019 adjusting entry for the December 31, 2018 receipt of $3,000 from race participants for providing ser
MAXImum [283]

Answer:

Debit Unearned revenue   $1,000

Credit Service revenue       $1,000

Explanation:

When cash is received in advance for service yet to be provided, an asset and a corresponding liabilities are created.

The liability is then reduced as the revenue for which cash was collected in advance is earned.

Given that the December 31, 2018 receipt of $3,000 from race participants for providing services for three races. One race is held on January 31, 2019 and the other two will be held in March 2019.

Revenue from one race = 1/3 × $3,000

= $1,000

Since One race is held on January 31, 2019, entries required

Debit Unearned revenue   $1,000

Credit Service revenue       $1,000

Being entries top recognize revenue earned from the race held on January 31, 2019 .

4 0
3 years ago
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