Answer: C. Increase
Explanation:
An oligopoly is a market structure in which a few firms dominate. When a market is shared between a few firms, it is said to be highly concentrated. Although only a few firms dominate, it is possible that many small firms may also operate in the market.
Where few firms dominate the equilibrium price will increase because the demand will be high, and this will make the equilibrium price increase.
Answer:
EEOC - Equal Employment Opportunity Commission
Explanation:
EEOC protects employees with disabilities, Nathan would qualify for such protection due to the physical strain.
Answer: 6250
Explanation:
From the question, we are informed that Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales price is $50 per unit. santiago desires to earn an annual profit of $34,000.
The contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit for thus:
Contribution margin ratio = (Sales price - Variable cost)/Sales price
= (50-34)/50
= 16/50
= 0.32
Sales = (66,000 + 34,000)/0.32
= 100,000/0.32
= 312,500
Sales volume in units will be sales divided by price. This will be:
= 312,500/50
= 6250
Answer:
a in the long run, prices adjust, eliminating the relationship between inflation and unemployment
Explanation:
Philip's curve states that there is an inverse relationship between inflation and unemployment in the short run. However, in the long run, workers and consumers adapt to the new environment.
Explanation:
it affects the retailer by if they gave a good in a highest price then if that product is not sold then it would happen.
