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True [87]
3 years ago
6

Oligopolies would like to act like a Group of answer choices duopoly, but self-interest often drives them closer to the competit

ive outcome. competitive firm, but self-interest often drives them closer to the duopoly outcome. monopoly, but self-interest often drives them closer to the duopoly outcome. monopoly, but self-interest often drives them closer to the competitive outcome.
Business
1 answer:
horsena [70]3 years ago
6 0

Answer:

monopoly, but self-interest often drives them closer to the competitive outcome.

Explanation:

An oligopoly exists when a small number of firms control the resources and price in a market.

They tend to stop each other from having significant influence in the market.

Because of this self interest their monopolistic attribute tends to become more towatds a competitive outcome.

So no one firm has the monopoly of the market rather influence is shared

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A decrease in the price of domestically produced industrial robots will be reflected in a. both the GDP deflator and the consume
andrezito [222]

Answer:

The correct answer is option c.

Explanation:

A consumer price index measures the change in the price level of weighted average of a basket of goods and services purchased by the consumers.  

GDP deflator measures the change in the price of all domestically produced goods and services.  

A change in the price of domestically produced industrial robots will be included in the GDP deflator as it includes the prices of all domestically produced goods and services.  

But it will not be included in the CPI as the industrial robots are not purchased by consumers in households, they are not consumer goods.

8 0
3 years ago
How do the elements of the marketing mix work together to help create a<br>marketing strategy?​
alex41 [277]

Answer:

The marketing mix refers to the actions a company takes to market its product(s) and/or service(s). Typically, it acts as a framework for breaking down the four key components of marketing — product, price, place, and promotion.

Explanation:

4 0
3 years ago
Suppose a technological improvement has lowered the cost of manufacturing cell phone batteries. This would lead to ___________ (
Julli [10]

Answer:

The correct answer is: an increase; fall; substitutes; decrease; complements; increase.

Explanation:

Technological improvement has lowered the cost of producing cell phone batteries. This reduction in the cost of production will cause the price of cell phone batteries to decline. Since batteries are used as inputs in the cell phone. The reduction in the price of inputs means that the cost of production would decrease. The firms will be able to supply more at the same cost. The supply, as a result, will increase. The supply curve will shift to the right. The price of cell phones will decline.

Cell phones and landlines are substitutes. They can be used in place of each other. A decrease in the price of cell phones would cause the demand for landlines to decrease as the consumers will prefer a cheaper substitute.

The cell phones and applications, however, are use complements. They are used together. So when the price of cell phones decrease and its demand increase, the demand for cell phone applications will increase as well.

6 0
3 years ago
​A stock's average return is 10 percent. The average risk-free rate is 7 percent. The standard deviation of the stock's return i
svet-max [94.6K]

Answer:

The Treynor index for the stock will be 0.02.

Explanation:

The average return of the stock is 10%.

The average risk-free rate is 7%.

The standard deviation of the stock's return is 4%.

Stock's beta is given at 1.5.

Treynor index

= (Portfolio return- risk free return)/beta of the portfolio

=(0.10-0.07)/1.5

=0.03/1.5

=0.02

So, the Treynor index for the stock will be 0.02.

4 0
3 years ago
What do you call the person behind the desk at a hotel?
o-na [289]
The person is called a hotel desk clerk
5 0
3 years ago
Read 2 more answers
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