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3 years ago

5.Is it easier for a few firm to enter the market under found in oligopolis competition or oligopolis? Why?

Business

1 answer:

sashaice [31]3 years ago

3 0

Answer: No, it is not easy for new firms to enter to market where there is oligopolis competition.

Explanation:

Oligopolis is a market condition in which few firms take the advantage to run their business and they do not allow small competitors to interfere and put barriers and obstacles for small competitors so that they cannot compete with them and do not earn anything. Those powerful competitors can make up the huge amount of profit. Also few sellers attain significant power in the market and prevent other.

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Complete the following sentences:

Umnica [9.8K]

First A: customer, answer would be c.
Second A: would be A.

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3 years ago

Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $19 million. The fair value of Midwest's assets

shutvik [7]

Answer:

$7.2 million

Explanation:

For computing the amount paid for the goodwill, first we have to calculate the fair value of the net asset which is shown below:

The fair value of net asset = Fair value of Midwest's assets - fair value of Midwest's liabilities

= $14.3 million - $2.5 million

= $11.8 million

And, the acquisition price of the outstanding stock is $19 million

So, the goodwill would be

= $19 million - $11.8 million

= $7.2 million

4 0

3 years ago

A natural monopoly occurs when A. production requires the use of free natural resources, such as water or air. B. the product is

solong [7]

Answer: A natural monopoly occurs when "C. there are economies of scale over the relevant range of output.".

Explanation: A natural monopoly arises when there is a total absence of competition, because said company can supply the market at a lower cost and with a higher quality than if there was competition.

The characteristics that this market can present are:

A very high level of investment is required (Economies of scale)

Use of natural resources, which are located in few places on our planet.

Patents that protect technological innovations

8 0

3 years ago

This diagram represents __________________ communications.

a_sh-v [17]

The information in this question represents a downward type of communication in an organization.

Examples of this type of communication from the question are:

The CEO of Nokia, Stephen Elop, meets with 2,000 employees to tell them why he is recommending that they abandon Nokia software to use less popular software from Microsoft.
Hewlett-Packard CEO Meg Whitman announces to employees that HP will cut its workforce by up to 30,000 people.

This is a downward type of communication given the fact that information flows from the head of the organization to the employees that are at the lower level.

The red arrow in the diagram shows us that information is being passed down from the CEO to the employees in the organization.

4 0

3 years ago

Read 2 more answers

Bern Company has 100 units costing $200 in beginning inventory. During the year, the company purchases 900 additional units for

NikAS [45]

Answer:

$1,760

Explanation:

The computation of the cost of goods sold is shown below:

As we know that

Cost of goods sold = Opening inventory units + purchase units - ending inventory units

= 100 units + 900 units - 200 units

= 800 units

Now the per unit is

= $1,980 ÷ 900 units

= $2.2

So, the cost of goods sold under the LIFO method is

= 800 units × $2.2

= $1,760

7 0

3 years ago