1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
labwork [276]
3 years ago
5

Under oligopoly, if one firm in an industry significantly increases advertising expenditures to capture a greater market share,

it is most likely that other firms in that industry will rev: 05_15_2018 Multiple Choice increase the price of the product to improve profits and then increase advertising expenditures. decide to increase advertising expenditures even if it means a reduction in profits. pursue a strategy to reduce advertising expenditures to maintain profits. make no changes in advertising expenditures because advertising is effective in the short run, but not the long run.
Business
1 answer:
stira [4]3 years ago
6 0

Answer:

decide to increase advertising expenditures even if it means a reduction in profits.

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.

Under oligopoly, if a business firm decides to significantly increase its advertising expenditures in order to increase its market share, it is most likely that other business firms in that industry will decide to increase advertising expenditures even if it means a reduction in profits.

Basically, the behavior of all business firms is highly dependent on the behavior of the other firms in the industry is oligopoly.

You might be interested in
Based on this income statement for Company ZYX for the year ending December 31, 2014, what adjustment would need to be made to N
tresset_1 [31]

Answer:

a) Adjustment of (16,000) in the Operating Section

Explanation:

The adjustment required in the operating activities section of the cash flow statement is shown below:

Loss of sale of equipment  $30,000

Less: Gain on sale of debt investment -$46,000

The net deduction is $16,000

Since there is a loss on sale of an equipment so the same is to be added back and there is a gain on sale of investment with respect to debt so the same is to be deducted

hence, the correct option is a.

6 0
3 years ago
suppose the canadian government has decided to place an excise tax of $20 per tire on producers of automobile tires. excise taxe
andrew11 [14]

In order to determine the effect of the tax on the demand and supply graph, please check the attached image.

A tax is a form of transfer to wealth from businesses to the government. Taxes increase the price of goods and services. As a result of the tax levied on the producers of automobile tires, the cost of making tires would increase. This would make producing tires more expensive.

As a result of the increase in the cost of making tires, the production of tires would fall. As a result, there would be a leftward shift of the supply curve. This would lead to a rise in equilibrium price and a decrease in equilibrium quantity.

To learn more, please check: brainly.com/question/13499204?referrer=searchResults

5 0
3 years ago
Marketing Solutions Inc. promises to employ Niki as a software engineer. In reliance on the promise, Nikiquits her job with Onli
Simora [160]

Answer:

B) liable to Niki under the doctrine of promissory estoppel.

Explanation:

In contract law, promissory estoppel refers to a theory that when you make a reasonable promise but later you decide to back down, the other party may sue you in order to force you to fulfill your promise.

This theory has been upheld by the Supreme Court in Cohen v. Cowles Media Co. 501 US 663 (1991). So a reasonable promise will have the same binding effect as a contract.

7 0
3 years ago
8. True False.
s2008m [1.1K]
False

True

False
False
8 0
3 years ago
Assume c = 50 .50yd. if investment increases by 60, what will be the change in equilibrium output?
tatiyna

The change in equilibrium output  120.

The equilibrium output is the factor wherein deliberate mixture expenditure is identical to national profits output. The equilibrium price is the factor in which the value of a product and the call for that product intersect, developing a rate compromise. on the equilibrium fee, there may be a balance between customers shopping for the product and agencies presenting the product.

I the call for and deliver change within the equal direction, the change inside the equilibrium output may be decided, however the change in the equilibrium price cannot. a. If both call for and deliver an increase, there could be an increase within the equilibrium output, however, the effect on rate cannot be decided.

investment increases by 60

c = 50.50dy

dy = (1/1-mpc) dI                            where, dI =change in investment

∴ dy = (1 / 1 - 0.5)*60                             dy = change in equilibrium output

        = 2 * 60                                        Mpc = 0.5

       = 120

Hence, the equilibrium output is  120.

Learn more about  equilibrium output here:-brainly.com/question/28149601

#SPJ4

3 0
1 year ago
Other questions:
  • Find x in this equation. Answer in the form of dollars and cents, such as $ 45.50 or $112.25. (1½ * $8.40) * 7 = x
    10·1 answer
  • Alt Corp. issues 5,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, increases are ma
    12·1 answer
  • Use Cases have been used in a number of process models listed below, except: A. Unified Process B. Data Flow Process Model C. IB
    14·1 answer
  • George and Jerry are competitors in a local market. Each is trying to decide if it is better to advertise on TV, on radio, or no
    11·2 answers
  • An effective offer requires that a reasonable price be related to market value. t/f
    11·1 answer
  • You have $250,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 12.9 percent, and Stock L
    15·1 answer
  • Over a five-year span, the ABC Co. reduced the amount of labor it hired. At the same time, the marginal productivity of labor in
    14·1 answer
  • Explain why the ffrc could be escribed as a social sustainable business
    15·1 answer
  • Doug and Sue Click file a joint tax return and decide to itemize their deductions. The Clicks' income for the year consists of $
    9·1 answer
  • On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on Septemb
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!