Answer: the industry that most closely approximates the conditions of the oligopoly model is airlines.
Explanation: oligopoly is a market situation made up of small entities which are independent in their working and they do not have any influence on each other. airlines industries and automobiles industries are two well known examples of oligopoly markets.
In oligopoly markets:-
- industry is dominated by small number of sellers sellers are aware of each others action
- decision of one firm effect the decisions of other firms
- they are concentrated less in monopoly more in competitive system
- increasement of interdependence
oligopoly is a market situation in which small number of firms who together have substantial influence over a certain industry or markets.
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Answer:
The Declaration of Independence included these three major ideas: People have certain Inalienable Rights including Life, Liberty and Pursuit of Happiness. All Men are created equal. Individuals have a civic duty to defend these rights for themselves and others.
Answer:
Your aunt lends you $1000 to help pay for college tuition. She doesn't require you to pay it back until after you graduate. She charges you 5% simple interest. The total amount you will pay is $1050
Explanation:
You're answer is going to be C
The type of fallacy that is being described in the scenario
above is the casual fallacy. A casual fallacy is having to use or conclude
ideas in which cause a certain scenario or experience in which is not even
correctly identified.
