The statement " An industry has one large firm that provides 60% of the supply of the product is called an oligopoly" is false.
Because in an oligopoly more than one firm dominate the market and in monopoly only firm is dominant. In Oligopoly there is small number of firms but have the market share in large majority.
You put 85,000 into your account for 8 years and add $1250 each year into your account. At the end of the 8 years you will have a 11
Answer:
The right response is "$107.7".
Explanation:
The given values are:
Total variable production eng. cost
= $732,480
Total fixed production eng. cost
= $180,400
Now,
Variable cost per machine hour will be:
= 
=
($)
Fixed cost per unit will be:
= 
=
($)
hence,
Total production cost will be:
= 
On substituting the values, we get
= 
=
($)
Answer: D. Overidentifying with the Persian member.
Explanation:
The leaders fear in this case is over identifying with the Persian member. Since the leader is Persian, he is afraid that he could overidentify with the Persian member and this could bring about biasness with the way he handles the issue.
Therefore, based on the given options, the correct answer is D.