Answer:
decide to increase advertising expenditures even if it means a reduction in profits.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
I. Mutual interdependence between the firms.
II. Market control by many small firms.
III. Difficult entry to new firms.
Under oligopoly, if a business firm decides to significantly increase its advertising expenditures in order to increase its market share, it is most likely that other business firms in that industry will decide to increase advertising expenditures even if it means a reduction in profits.
Basically, the behavior of all business firms is highly dependent on the behavior of the other firms in the industry is oligopoly.
Answer:C. Decrease taxes
Explanation:
When an economy is experiencing unemployment that is less than the natural rate, the right policy is to purse expansionary policies which will make more funds to be available in the economy to increase investment and demand.
Expansionary policies can be implemented by increasing goverments expenditures and reducing tax, the reduced tax will increase the disposable income of the citizens and invariably investment and demands all things being equal and these are the justification for the chosen option.
An increase in tax or a reduction in government expenditures will excercebate the unemployment all other things being equal.
Answer:
Dr Unrealized Holding Gain or Loss – Income 45,500
Cr Estimated Liability on Purchase Commitments 45,500
Explanation:
Concord Company
Journal entry
Dr Unrealized Holding Gain or Loss – Income 45,500
Cr Estimated Liability on Purchase Commitments 45,500
Estimated Liability on Purchase Commitments = ($1,024,100 – $978,600) = $45,500
"<span>For whom to produce?" is the one economic question among the following choices given in the question that </span><span>is addressed by targeting teenage buyers. The correct option among all the options that are given in the question is the first option. I hope that this is the answer that has actually come to your desired help.</span>
Answer:
it would take 30 weeks if you got paid 200$
Explanation: