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2 years ago

Whats the meaning of oligopoly and monopoly market structure

2 answers:

6 0

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence. A monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

taurus [48]2 years ago

6 0

Answer:

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence, whereas monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.

Explanation:

got it from class with help from investopida

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U.S. sugar import quotas have existed for more than 50 years and preserve about half of the U.S. sugar market for domestic produ

docker41 [41]

Answer:

United States continue to have quotas because it increases the price of imported Sugar and thereby reducing the quantity demanded.

Explanation:

To start with, quotas is a restriction imposed by a government. Quotas limits the quantity of a good that can be imported into a country during a specific period of time. In this question, an import license specifies the quantity of Sugar that be brought into (imported) the USA.

United States continue to have these quotas because import quotas reduces the supply of imported goods (Sugar), thereby, preventing an uncontrolled importation of Sugar. This raises the price of imported Sugar against the price of locally produced Sugar which is lower in price. Intuitively, consumers will go for lower price (locally produced Sugar) which satisfies the law of demand for normal goods.

Therefore, it helps the domestic producers to stay in the competition.

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3 years ago

Loran's pretax accounting income in 20X1 is $100,000. Loran had bad debt expense for financial reporting purposes of $14,000 in

stira [4]

Answer:

$2,800

Explanation:

Particulars Amount

Favorable temporary difference at the end of 20X2 $7000

* Income tax rate <u> 40% </u>

Deferred tax asset account at the end of 20X2 <u>$2,800</u>

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3 years ago

An online clothing boutique decides to install a web or Internet cookie in the browser of each user who visits its site. The pur

____ [38]

Answer:

a practice that may have longer term implications on the ethics of personal privacy

Explanation:

Cookies are a tool that is used on websites to identify user browser history.

The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.

Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.

Cookies save information about a user session by storing data like usernames.

There is a long term danger of having one's browsing history tracked without their consent

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3 years ago

Hey! I need definitions to the following.

kap26 [50]

Answer:

Temperance - moderation or voluntary self-restraint

Justice - just behavior or treatment

Courage - the ability to do something that frightens one

Perseverance - persistence in doing something despite difficulty or delay in achieving success

Loyalty - a devotion and faithfulness to a nation, cause, philosophy, country, group, or person

Commitment - the state or quality of being dedicated to a cause, activity, etc.

Pride - a feeling of deep pleasure or satisfaction derived from one's own achievements

Conviction - the verdict that usually results when a court of law finds a defendant guilty of a crime

Responsibility - the state or fact of having a duty to deal with something or of having control over someone

Self-Discipline - the ability to control one's feelings and overcome one's weaknesses

Compassion - sympathetic pity and concern for the sufferings or misfortunes of others

Humility - the quality of being humble

Vitality - the state of being strong and active; energy

Dedication - the quality of being dedicated or committed to a task or purpose

Assertiveness - confident and forceful behavior

Fidelity - faithfulness to a person, cause, or belief, demonstrated by continuing loyalty and support

Forgiveness - the action or process of forgiving or being forgiven

Integrity - the quality of being honest and having strong moral principles; moral uprightness

Respect for Authority - to feel or show esteem, honor, and appreciation for

Etiquette - the customary code of polite behavior in society or among members of a particular profession or group

Work - activity involving mental or physical effort done in order to achieve a purpose or result

Appreciating Cultural Diversity - It is, well, appreciating cultural diversity! :D

Explanation:

I mean, you could have just searched it up :D

3 0

2 years ago

If a company wished to alter a product's platform so that the product could be manufactured in a variety of forms, to meet local

kirill115 [55]

Answer:

Core components

Explanation:

In the product component model, the core component is the area concerned with what satisfies the needs and wants of customers.

If a company wishes to meet local differences in five foreign markets like un the question stated above, the core components contains what the customers in each of those five foreign markets are interested in.

The core components vary between markets. Market A, may like the color of the product in red and market B may like the color of the product in blue. So identifying these things and satisfying the needs of the customers would be done in the core component.

4 0

3 years ago

Whats the meaning of oligopoly and monopoly market structure​

Whats the meaning of oligopoly and monopoly market structure