Answer:
B) False
Explanation:
That would be a monopoly (only one supplier).
An oligopoly is a market where there are very few suppliers, and competition is very limited since the barriers to entry are very significant.
For example, the automobile industry is an oligopoly. There are only a few car manufacturers in the world, and they all are very large corporations. It costs hundreds of millions of dollars to introduce a new car model, and every time that happens, the corporations must carry on expensive advertising and promotional campaigns.
Correct question:
Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and control.
Group of answer choices
A. less efficient than
B. as efficient as
C. either more or less depending on the elasticity of demand
D. more efficient than
Answer:
Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.
<h3>Correcting a market with taxation:</h3>
- The government can discourage the consumption of harmful products by raising taxes on them.
- Cigarette and alcohol taxes, for example, are raised on a regular basis to discourage their consumption and limit their adverse impacts on unconnected third parties.
<h3>Command and control strategies:</h3>
- Command and control is a sort of environmental regulation that allows policymakers to expressly regulate both the amount and the procedure by which a company should maintain environmental quality.
- Correcting marketing is more effective than correcting manufacturing through taxation.
<h3>Reason -</h3>
As it is stated above Correcting marketing is more effective than correcting manufacturing through taxation.
Therefore, Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.
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Answer:
Vision Statement
Explanation:
The first part of setting strategic direction for an organization is to analyze the external and internal environments by preparing a SWOT {Strengths , Weakness , Opportunities , and Threats } analysis. Once the SWOT is complete , the next step is to create a clear and compelling statement describing the inspirational long-term desired change resulting from an organization's work , called <u>Vision Statement.</u>
Vision Statement is a important point in strategical planning. It tells what an organization intended to achieve or we can say it highlight the objective of the organization .
Vision Statement should we s<u>hort , simple and clearly specified.</u> It plays an i<em>mportant role</em> in an organization .
The original investment amount was $ 68.56 then annual return on investment is 10 years was 7.20% interest.
What is investment?
Investment definition is assets invested in to build wealth and save money on bank, property and projects for specific time period of money.
PV is a present value, FV is a future value, i is interest, n is number of period
PV= FV/ (1 + i) n
PV= 1, 00,000 / (1+7.20%) 10
PV =68.5650014087
As a result, the original amount of investment is 68. 56
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Option B
Analysis of the general environment enables a firm to identify: opportunities and threats
<u>Explanation:</u>
The general environment usually has a sturdy impact on a firm's level of achievement, officials must pursue biases and circumstances as they emerge and attempt to envision the associations of these biases and circumstances.
The environmental inquiry is an imperative tool. It is a manner to distinguish all the outside and subjective factors, which can influence the organization’s execution. The review involves valuing the level of threat, an opportunity the determinants might impersonate. These determinants are succeeding rendered into further means.
