Answer:
A firm in an oligopolistic market has to consider its own impact on price when making production decisions.
Explanation:
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Answer:
D
Explanation:
All of the above. These will help you!
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Im not sure, but i think the price will go up and the quantity will drop.
Answer:
c. It can help the franchisor expand his or her business rapidly.
Explanation:
Franchising refers to a type of business in which a commodity or method owner (franchisor) gets distribution via affiliated firms or traders (franchisees) with the aim of expanding the business of the franchisor.
Under franchising, the franchisor gives to the franchisee a kind of licence which gives the franchisee access to method, trademarks, and proprietary knowledge of the franchisor so that the franchisee can sell a commodity under the name of the franchisor’s business.
Therefore, an advantage of franchising is that it can help the franchisor expand his or her business rapidly as it is often adopted by franchisor as a business expansion strategy.