The correct answer is D. Oligopoly
Explanation:
In economics and related areas, an oligopoly occurs if only a few companies dominate the production or supply of a specific product or service. This differs from a monopoly because in this there is only one company or firm domination. Moreover, in oligopolies as in monopolies competition is imperfect because small firms or new firms cannot compete.
In the case presented, the competitive structure is an oligopoly because three big important firms dominate telecommunication, and therefore this service is controlled by a few companies. Also, due to this, the competition is not fair or perfect because even when the three companies use non-price competition, small companies cannot compete with the three firms.
A subsidized loan is a loan that is set based on the income of someone. They pay part of it and the government pays the half they can't afford.
An unsubsidiZed loan is a loan with no discount. Meaning you must payback the whole entire fee of the loan.
Hope this makes sense ! :)
Deceptive, malware-based, session hijacking, and data theft are all forms of phishing,
Answer:
Employment insurance compensation increases the opportunity cost of being
unemployed.
Explanation:
The Employment insurance program is the benefit that is provided temporarily to the people who do not have jobs or had lost their jobs of no fault of their own. This program helps the unemployed with financial help temporarily so that they can survive and search for another jobs.
The compensations provided from the employment insurance encourages the people for a longer job search and better match between the employees and the jobs. This financial aid is provided for up to a maximum of 26 months and for 1/3rd of one's latest salary. The demand and supply curve for te labor is shifting constantly.
Thus the incorrect statement is :
Employment insurance compensation increases the opportunity cost of being
unemployed.
Answer:
Explanation:Three legal form of business organization
(1)sole proprietorship:-this is a one man business the PROPRIETOR. He runs the total affairs of the business
Advantages:-The owner has the final says
He enjoys all profits
Disadvantage:-the owner bears the loss alone.
His death can end the business..
(2)PARTNERSHIP:-It is a business owned by two or more people called partners..
advantages:-fund raising is easy..
They bring experience together..
Work load is shared.
Disadvantages:-profits is sheared..
Disagreement can set in and end the business
Death of some partners can end the business..
LIMITED LIABILITY COMPANY:-A limited liability company is a corporate structure whereby the owner are not personally liable for the company's debt or liabilities. Limited liability companies are hybrid entities that combines Tue characteristics of a corporation with those of a partnership or sole proprietorship..
Advantage:-transfer of ownership is easy..
Disadvantage:-exploitation of share holders..
