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Sunny_sXe [5.5K]
3 years ago
9

Reality Entertainment, Inc is a major producer of reality TV programming. The company faces tough competition from three other m

ajor producers of similar shows. Together, Reality Entertainment and its three rivals control almost the entire reality TV programming. Explain about the degree of competition that exists according to this example.
Business
1 answer:
pshichka [43]3 years ago
8 0

Answer: An Oligopoly

Explanation:

An Oligopoly is a market situation where there are few sellers of a product or service and each seller supplies a large percentage of all the products sold in the marketplace.

From the example in the question, we have just four companies in the Reality TV Programming

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Which one of the following statements is correct if a firm has a receivables turnover of 36.5? Group of answer choices It takes
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Answer:

The firm collects on its sales in an average of 10 days

Explanation:

if the receivables turnover is 36.5 it means it colect his accounts 36.5 times per year

we can convert this into a days metric:

<em>the days account is outstanding:</em>

365 days per year / we collect 36.5 per year = 10 days to collect an account on average

The acounts are collected every ten days on average.

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Answer: a. long-term plans.

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Which of the following is not an example of how media coverage of the Space Race affected the economy?
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Correct option: The media only covered positive elements of the Space Race and never mentioned any setbacks.

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7 0
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