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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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Why should you consider collecting a family of measures when undertaking an improvement?
Serggg [28]

Collecting a family of measures when undertaking an improvement as single measure may not be enough to determine the impact of a change on the system.

An example of a undertaking is washing dishes. An example of a commitment is promising to babysit a friend's child. Especially the business of mortician and funeral management. Promise or Promise; Guarantee.

A written undertaking provided as a guarantee to take certain actions required by court proceedings. In criminal proceedings, bail guarantees the defendant's appearance in court. If the defendant does not appear, the bond will be forfeited.

Learn more about undertaking here:brainly.com/question/25443563

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5 0
2 years ago
On october 1, goodwell company rented warehouse space to a tenant for $2,500 per month and received $12,500 for five months' ren
Nina [5.8K]
Goodwell will recognize 3 months (Oct 1 - Dec 31) of rent revenue earned, and will reduce (debit) the unearned rent revenue for those 3 months.
2,500 x 3 months = 7,500

Journal Entry, Dec 31:
Unearned Rent Revenue: 7,500
           Rent Revenue:                    7,500

The new Unearned Rent Revenue Account balance will be:
12,500 - 7,500 = 5,000

4 0
3 years ago
The most efficient combination of resources in producing a given output is the combination that:
blondinia [14]

Answer:

Option (b) is correct.

Explanation:

(a) If a producer uses the almost same quantities of all the factors of production and if marginal output remains the same then this will lead to no gains.

(b) This is done by purchasing the combination of inputs which are yielding higher marginal outputs.

(c) This would result in a loss because all the resources are not utilized properly or we can say that resources are not used at their potential.

(d) For achieving the level of profits, labor should be devoted to the work for maintaining the higher level of growth in production.

8 0
3 years ago
A couple will retire in 50 years; they plan to spend about $22,000 a year in retirement, which should last about 25 years. They
Serga [27]

Answer:

Annual deposit= $2,803.09

Explanation:

<u>First, we need to calculate the monetary value at retirement:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {22,000*[(1.08^25) - 1]} / 0.08

FV= $1,608,330.68

Now, the annual deposit required to reach $1,608,330.68:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,608,330.68*0.08) / [(1.08^50) - 1]

A= $2,803.09

3 0
3 years ago
Book store owner, Sandra Walker, has a personal check from one of her customers, payable to The Book Nook. Sandra wants to depos
german

Answer:

see below

Explanation:

Endorsing a check is communicating to the bank how a check is to be cashed. A restrictive endorsement puts limits on how a check or other financial instruments are to be used.

The most common type of restrictive endorsement is for the payee to write the words" for deposit only" at the back of the check. The payee then signs and indicates their account number. This instructs the banks to pay the check amount to that account.

Sandra walker should write the words "for deposits only" at the back of the check. She has to indicate the bank account number for The Book Nook and sign at the back.

4 0
2 years ago
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