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Leya [2.2K]
2 years ago
14

Eonomic profits result whenever only a few large competitors are active in a given market. discuss this statement

Business
1 answer:
sveticcg [70]2 years ago
6 0

Answer:

Profits are a result of less competition.

Explanation:

The statement explains the possibility of profits when there are less competition in the market. Few large competition is the term used to define the less competition.

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I want to take a survey of students at my university to find out what proportion like the new bus service on campus. how many wi
laiz [17]

Answer:

N = 3,120 (Approx)

Explanation:

Given:

z- score for 99% confidence = 2.58

Proportion (P) = 75% = 75 / 100 = 0.75

E = 2% = 0.02

Q = 1 - P = 1 - 0.75 = 0.25

Computation:

N = (Z/E)^2 \times pq

N = (2.58/0.02)^2 \times (0.75 \ times 0.25)

N = (129)^2 \times (0.1875)

N = (16,641) \times (0.1875)

N = 3,120.1875

Therefore, N = 3,120 (Approx).

5 0
3 years ago
A suggested approach to deleting products, in which each product is evaluated periodically to determine its impact on the overal
Step2247 [10]
Answer:  "systematic review" .
___________________________________________________
7 0
4 years ago
The process of asset transformation refers to the conversion of:_______
kondaur [170]

Answer: c. Risky assets into safer assets

Explanation:

The process of asset transformation refers to the conversion of risky assets into safer assets. Asset transformationa is simply a form of transformation in which financial institutions like banks use deposits in the generation of revenue through the pooling deposits in order to make loans. It has to do with transforming bank liabilities into bank assets.

6 0
3 years ago
The four level pyramid model revolves around which aspect of an organization? The four-level pyramid model revolves around the _
Damm [24]

Answer:

Hierarchy, Information Systems

Explanation:

The pyramid model of four level in an organization is based on and is depends on the various levels of the hierarchy systems or management in the organization.

These four level is of different types of the Information System in the organization.

1. First level : It is also known as Strategic level or Executive Information Systems.

2. Second level : It is also know as Management Level  or the Decision Support Systems.

3. Third level : Another term is Management Level or Management Information Systems.

4. Fourth Level : It is called the Operational Level or the Transaction Processing Systems.

6 0
3 years ago
To respond to the structure of its industry, an organization should choose a __________.
Usimov [2.4K]
To respond to the structure of its industry, an organization should choose a __________.

Competitive strategy
8 0
3 years ago
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