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
PtichkaEL [24]
3 years ago
5

In the case of oligopolistic markets, self-interest makes cooperation difficult and it often leads to an undesirable outcome for

the firms that are involved.
a. True
b. False
Business
1 answer:
Tanya [424]3 years ago
7 0

Answer: True

Explanation:

An Oligopolistic market is one where the suppliers are very few in number. Cooperation is indeed difficult in such markets as they are motivated by self-interest to try to make more profits than their competitors.

This usually leads to an undesirable outcome. For instance, if two oligopolistic firms agree on a price to sell goods, one of them might decide to sell at a lower price in order to gain more market share. This will cause the other firm to reduce its prices as well which means that both companies would be worse off than when they started.

You might be interested in
____________ is a process of explaining the purposes and methods of the research after a study has been completed.
Colt1911 [192]
Debriefing is the process that is directed in mental research with human subjects after an investigation or study has been finished up. It includes an organized or semi organized meeting between the specialist and the subjects whereby all components of the investigation are talked about in detail.
5 0
4 years ago
Here have my points.
Nastasia [14]

Answer:

no

Explanation:

8 0
3 years ago
Read 2 more answers
NEED HELP ASAP, WILL GIVE BRAINLIEST
adell [148]

Answer:

develop a plan

Explanation:

President Roslin of Country XYZ knows that a new policy is needed to help solve the problem of rising unemployment in her nation. Her next step is to develop a plan.

Ps:Can I be brainliest.thx

Have a nice day

3 0
3 years ago
Read 2 more answers
Why do Lean-Agile Leaders try to connect the silos of business, system engineering, hardware, software, test, and quality assura
tia_tia [17]
<span>Lean-Agile Leaders try to connect the silos of business, system engineering, hardware, software, test, and quality assurance b</span>ecause by connecting the silos business, system engineering, hardware, software, test, and quality assurance they can increase productivity & increase their rate of success.
7 0
4 years ago
a price ceiling imposed on a monopoly may multiple choice lead to no shortage. lead to a shortage. drive the monopolist out of b
Gelneren [198K]

A price ceiling imposed on monopoly will lead to all, i.e., lead to a shortage, no shortage and drive the monopolist out of business.

A price ceiling is the maximum amount that a seller is permitted to charge for a product or service. Price ceilings, which are typically set by law, are typically applied to staples such as food and energy products when such goods become unaffordable to regular consumers.

A price ceiling is, in essence, a form of price control. Price ceilings can be beneficial in making essentials affordable, at least temporarily. However, economists question whether such ceilings are beneficial in the long run. Price ceilings are typically imposed on consumer staples such as food, gas, or medicine, often following a crisis or specific event that causes costs to skyrocket.

Learn more about price ceiling here:

brainly.com/question/28018539

#SPJ4

6 0
2 years ago
Other questions:
  • On January 1, Year 2, the Arlington Company had 100,000 shares of common stock issued and outstanding. On July 1, Year 2, the co
    6·1 answer
  • John bought a waterfront lot with a setback requirement of 50 feet from the street. the lot is only 100 feet deep and drops off
    6·1 answer
  • Consider the recorded transactions below.
    6·1 answer
  • Why is the value of community organizations and cooperatives difficult to measure?
    14·1 answer
  • A common law standard known as _____ requires that the seller deliver goods in conformity with the terms of the contract, right
    9·2 answers
  • The production function in an economy​ is: Y​ = 2​(5.00Nminus0.0025Nsquared​), where the marginal product of labor is given​ by:
    5·1 answer
  • Suppose the the equilibrium real federal funds rate is 4 percent and the target rate of inflation of 1 percent. Use the followin
    11·1 answer
  • The term free trade can be best described as
    9·1 answer
  • Last month, a Vivian’s Fabrication Department started 82,000 units into production. The department had no beginning work in proc
    14·1 answer
  • Folger Group pays its executives short-term incentives for meeting financial targets. What could be included in this incentive p
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!