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
mr_godi [17]
2 years ago
15

24) In the U.s. economy, a few firms dominate the wireless telephone provider Industry. Whlch type of

Business
1 answer:
kipiarov [429]2 years ago
7 0

Answer:

oligopoly

Explanation:

An oligopoly is a market structure comprising a few firms dominating a large market with many buyers. The few firms sell similar or differentiated products. Each of the firms commands a sizable market share and can influence the market.  Apart from the few dominating firms, there could be other small sellers with a smaller market share operating in the market. Another example of an oligopoly market is the air travel business, where a few airline companies dominate the market.

Characteristics of oligopoly market include

  • Barriers to entry due to heavy capital requirements and market domination by a few firms.
  • Each firm sets its price
  • heavy advertising to woe clients
  • Collaboration among the few dominating firms
You might be interested in
Use the following information to determine this company's cash flows from financing activities.a. Net income was $466,000. b. Is
Leni [432]

Answer:

The answer is ($174,000)

Explanation:

Cash flows from financing activities show the inflow and outflow of cash that are used to fund the business's operations.

Cash flow from financing activities:

Issuance of common stock......................................$79,000

Payment of dividend........($13,000)

Settlement of notes payable.................................($125,000)

Payment for treasury stock.........…...........................................($115,000)

Net cash from financing activities...............................($174,000)

5 0
3 years ago
Bond co. is using the target cost approach on a new product. information gathered so far reveals: expected annual sales 400,000
Bezzdna [24]

<span>The target selling price per unit is $0.77, According the accounting books I have search,using this solution: ($168,000 divided by 400,000) + $0.35= $0.77.Target costing is an approach in most company to know a product’s life cycle cost in which it is sufficient to develop specified functionality and quality.</span>

5 0
3 years ago
What is meant by organ growth?​
yawa3891 [41]
An organ grew, probably I think
6 0
3 years ago
Overapplied manufacturing overhead would result if:
Ksivusya [100]
<span> Manufacturing overhead describes the difference between manufacturing overhead cost applied to work in process and manufacturing overhead cost actually incurred during a period.</span>
Over-applied manufacturing overhead would result if the manufacturing overhead cost applied to work in process is more than the manufacturing overhead cost actually incurred during a period. So, in over-applied overhead the applied overhead is bigger than the actual overhead. 
4 0
3 years ago
The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market beca
BabaBlast [244]
D)
Market equilibrium occurs when supply = demand
8 0
3 years ago
Other questions:
  • Having the authority to define their own tasks makes it likely that workers will ______.
    6·2 answers
  • During the ________ era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising a
    10·1 answer
  • From the information available, which of the following
    6·2 answers
  • The statement reflecting changes in permanently restricted, temporarily restricted and unrestricted net assets for a private sec
    13·1 answer
  • A call center with access to customer credit reports selling customer data to an outside organized crime organization for the pu
    14·1 answer
  • The charter of Vista West Corporation specifies that it is authorized to issue 214,000 shares of common stock. Since the company
    12·1 answer
  • During its first month of operations, Labrador Corporation provided $10,000 of services to it customers. Its costs included rent
    9·1 answer
  • How many slides would be in a PowerPoint presentation based on the formatting of the Word outline?
    9·1 answer
  • Annabey Inc., a small candy manufacturing company established in 1937, now has several large units that sell unique flavors of c
    10·1 answer
  • A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!