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qwelly [4]
3 years ago
13

One measure of the extent of competition in an industry is the concentration ratio. What level of concentration indicates that a

n industry is an​ oligopoly?
Most economists believe that a​ four-firm concentration ratio of __________ (less / greater than) than __________ percent indicates that an industry is an oligopoly. ​(Enter your response as an​ integer.)
Business
1 answer:
GarryVolchara [31]3 years ago
3 0

Answer: greater, 40%

Explanation: Most economist believe that a four firm concentration ratio is "greater" than "40%" indicate that an oligopoly.

Concentration ratio is simply the ratio of the combination of market shares of a specific numbers of firm to the size of a market. Three-firm, four-firm and five-firm concentration ratio are the most common to considered.

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Darina [25.2K]

Answer:

The correct answer is B. Trend analysis.

Explanation:

The trend analysis is the method of analysis that consists in observing the behavior of the different items of the Balance Sheet and the Income Statement, to detect some significant changes that may have their origin in administrative errors.

This method allows us to know the direction and speed of the changes that have occurred in the financial situation of the company over time, so it is considered as a method of horizontal analysis.

It helps us to detect failures; but it is only an exploratory method, so it is always necessary to investigate further to find the causes of the failures. It is necessary to determine the changes suffered in the balances of the financial statement items that we are interested in analyzing. The trend analysis allows us to know the financial development of a company.

3 0
3 years ago
Assume that Saudi Arabia has production possibilities to produce either 100 barrels of oil using 100 worker hours or 25 bushels
Hatshy [7]

Answer: 10 bushels

Explanation:

If they produce 100 barrels of oil using 100 worker hours, it means that the number of work hours taken for 1 barrel is:

= 100 / 100

= 1 work hour

For bushels however, 1 worker hour produces:

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= 0.25 bushels of corn

If 60 barrels of oil are produced, it means 60 worker hours were used which would leave 40 worker hours.

Bushels of corn produced is therefore:

= 40 * 0.25

= 10 bushels

5 0
2 years ago
What does the prefix re mean in the word reunited?
sukhopar [10]

Answer:

b. Again

Explanation:

8 0
3 years ago
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san4es73 [151]

Answer:

The answer is Consumer Behavior

Explanation:

Consumer Behavior is the study of individual customers, a group of people or organizations with regard to how these people and organizations purchase and dispose goods and services that are needed to satisfy their wants or needs.

This study seeks to understand how the behave in  the marketplace and the reason(s) for this behavior.

The importance of understanding consumer behavior is that it can help you become more effective at marketing, advertising, product design and development, which will have the major impact of your customers.

An example can be seen when someone seeks the advice of his/her friend before purchasing a car. In this case, they may buy the car not because they like it, but because a friend recommended that car.

4 0
3 years ago
Respecting team members means agreeing with everything they think. True False
vovangra [49]

false: it means you dont have to agree with them but you have to respect their opinion

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3 years ago
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