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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<u>Answer:</u>
<em>Companies passed on production and transportation costs to consumers</em>
<u>Explanation:</u>
An increase in oil prices will add to a higher inflation level. This is on the grounds that transport costs will rise prompting more increased prices for many products. <em>This will be cost-push inflation which is very unique to inflation brought about by rising aggregate excess/demand growth. </em>
Consumers will see a decline in unrestricted income. They bear a higher cost of transportation, yet don't have the compensation of income rise. <em>Higher oil costs can prompt slower economic development – especially an issue if consumer spending is less.</em>
Answer:
This really just depends on how good you understand ancient Egypt, but if you can give examples of your knowledge of ancient Egypt but if you having trouble thinking of the word that describes it just ask your self if your good or don't have much trouble doing or understanding it.
<span>After the wall surrounding Jerusalem was rebuilt, the people worshiped the Lord. And according to Nehemiah 9, Levites lead the people in a confession that recalled God's faithfulness and mercy towards them in the past. They looked back on how God had always saved them despite them committing evil deeds. </span>
<span>Actually the first and the main reason is that the quality of school facilities and education or teaching, will easily gets compromised on a very negative note, which with time becomes a bad habit, and then it will surely affects the school students and the concerned parents who are paying big fees,which will have very big negative impact on both schools reputation and mainly school children in future for sure.</span>
