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Kitty [74]
3 years ago
11

g One of the main differences between an oligopolistic firm and a monopolistically competitive firm is that a monopolistically c

ompetitive firm Group of answer choices Faces a horizontal demand curve; an oligopoly does not Is relatively independent; an oligopoly is interdependent Has high barriers to entry; an oligopoly does not Has no market power; an oligopoly has some market power
Business
1 answer:
Slav-nsk [51]3 years ago
4 0

Answer:

Is relatively independent; an oligopoly is interdependent.

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.

One of the main differences between an oligopolistic firm and a monopolistically competitive firm is that a monopolistically competitive firm is relatively independent; an oligopoly is interdependent.

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Sneed Corporation reported balances in the following accounts for the current year: Beginning Ending Income tax payable $ 50 $ 3
RUDIKE [14]

Answer:

Amount of taxes payable is $210.

Explanation:

<u>Calculating the Income tax amount: </u>

Income tax = Closing balance - opening balance + income tax expenses

Income tax = 30 - 50 + 230  

Income tax = - 20 + 230

Income tax = $210

7 0
3 years ago
HIGH SCHOOL
sattari [20]
C. Your charging less for the same thing as your component they’re spending less money but your making more because more people will come to your location
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3 years ago
Determining if products made in-house will be produced in one or more facilities, and if these facilities should be located in o
vaieri [72.5K]

Answer:

The correct answer is "Location"

Explanation:

The location decisions are determinant of profitability in international business. The Company's selection on where to assemble and manufacture the product can determine the success of the business. Some countries are cheaper to produce for the workforce, exchange rate, taxes...

5 0
3 years ago
During the current year, Lyle Co. incurred $204,000 of research and development costs in its laboratory to develop a patent that
valentina_108 [34]

Answer:

It will capitalize 245,000 to recognize the patent intangible asset

Explanation:

It will capitalize the entire research adn development cost as well as the fees and registration cost as are part of the incurred cost needed to obtain the patent

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8 0
3 years ago
Read 2 more answers
For the current year, Power Cords Corp. expected to sell 42,000 industrial power cords. Fixed costs were expected to total $1,65
Bond [772]

Answer:

A. 40,900

Explanation:

Calculation for what Power Cords Corp.'s margin of safety (MOS) in units is:

First step is to calculate the Break-even

Break-even units = $1,650,000/($3,750 - $2,250)

Break-even units= 1,100 units

Now let calculate the margin of safety (MOS) in units

Margin of Safety = 42,000 - 1,100

Margin of Safety= 40,900 units

Therefore Power Cords Corp.'s margin of safety (MOS) in units is:40,900

3 0
3 years ago
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