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Alexus [3.1K]
4 years ago
13

Why is competition limited in an oligopoly?

Business
1 answer:
Gnom [1K]4 years ago
6 0
An oligopoly is a market form in which a market is dominated by a small number of sellers. For example, as of fourth quarter 2008, Verizon, AT&T, Sprint, and T-Mobile together control 97% of the US cellular phone market. Competition is limited in an oligopoly because barriers to entry are high.The most important barriers are government licenses, economies of scale, patents, access to expensive and complex technology, and strategic actions by incumbent firms designed to discourage or destroy nascent firms. 
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250 college students were surveyed about if they liked the food choices offered by the cafeteria. 140 people said that they did
PIT_PIT [208]
Percentage is a ratio of a unit of an outcome in an event divided to the total sample times 100%.  It means parts per hundred. To calculate, we  get the ratio of the people who liked the choices and the total sample then multiply by 100. We calculate as follows:

Percent = 140/250 x100 = 56%
6 0
3 years ago
A business would like to invest in a new product, but they are short on extra
pickupchik [31]

Given the scenario described herein, one good solution for the business to invest in a new product when it is short on cash is <u>B. Liquidate some inventory to increase cash flow.</u>

<h3>What is Cash?</h3>

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Thus, the company does not need to raise prices, fire employees, or cut wages to raise cash.  It can liquidate some inventory at lower prices if necessary.

Learn more about meeting cash requirements at brainly.com/question/735261

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2 years ago
What is customer relationship?
rewona [7]
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3 0
3 years ago
What is one way you can get singled out as a leader by using body language?
Mashutka [201]

Answer:

Explanation:

In a group meeting or any setting that requires a leader, many body language signs can accidentally cause someone to be singled out or chosen as a leader. Such signs as smiling, making eye contact, good posture, assertive attitude, hand gestures, etc are all body language signs that give off confidence to those around you, and confidence is the main trait of a leader.

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3 years ago
MacCloud Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and
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Answer and Explanation:

a. The computation of the weighted average contribution margin ratio is shown below:

The Contribution margin ratio is

= (Combined contribution ) ÷ (Sales)

= ($60,000 + $180,000) ÷ ($1,000,000)

= ($240,000) ÷ ($1,000,000)

= 0.24

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= $1,250,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
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