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balandron [24]
3 years ago
6

Sometimes reactions to prices in oligopolistic markets can result in _________

Chemistry
1 answer:
STatiana [176]3 years ago
7 0

Answer:

a price war

Explanation:

An Oligopoly is when a small group of two or more companies dominates a market. Oligopoly firms may consent to market collusion, and create barriers to new commerce entry. If the businesses do not, they will probably be forced to lower their prices and open the market to new and smaller companies.

It is the type of competition between the company selling the similar type of product , or rival companies who tries to reduce the price of the product strategizing in a way to apprehend the wider area of the market , is known as a price war .

In the event one of the firms forming the oligopoly decides to lower prices, a price war occurs breaking the balance of the oligopoly and destabilizing the equilibrium of demand and supply in that market.

Reduction of the price of any goods or commodity is considered to be one of the best method to increase its market share ,because as soon as the price of any good decreases , the sales automatically increases , as the consumers are always in search of some discounts and good deals .

price war -

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1) The densities of air at −85°C, 0°C, and 100°C are 1.877 g dm−3, 1.294 g dm−3, and 0.946 g dm−3, respectively. From these data
earnstyle [38]

Answer:

1) The absolute zero temperature is -272.74 °C

2) The absolute zero temperature is -269.91°C

Explanation:

1) The specific volume of air at the given temperatures are;

At -85°C, v =  1/(1.877) = 0.533 dm³/g, the pressure =

At 0°C, v = 1/1.294 ≈ 0.773 dm³/g

At 100°C, v = 1/0.946 ≈ 1.057 dm³/g

We therefore have;

v₁ = 0.533 T₁ = 188.15  K

v₂ = 0.773 T₂ = 273.15  K

v₃ = 1.057 T₃ = 373.15  K

The slope of the graph formed by the above data is therefore given as follows;

m = (1.057 - 0.533)/(373.15 - 188.5) = 0.00284 dm³/K

The equation is therefor;

v - 0.533 = 0.00284×(T - 188.15)

v = 0.00284×T - 0.534 + 0.533  = 0.00284×T - 0.001167

v =  0.00284×T - 0.001167

Therefore, when the temperature, at absolute 0, we have;

v = 0

Which gives;

0 =  0.00284×T - 0.001167

0.00284×T = 0.001167

T = 0.001167/0.00284 ≈ 0.411 K

Which is 0.411  -273.15 ≈ -272.74 °C

The absolute zero temperature is -272.74 °C

2) The given volume of the gas = 20.00 dm³ at 0°C and 1.000 atm

The slope of the volume temperature graph at constant pressure = 0.0741 dm³/(°C)

The temperature is converted to Kelvin temperature, in order to apply Charles law as follows;

0°C = 0 + 273.15 K = 273.15 K

Therefore, the equation of the graph can be presented as follows;

v - 20.00 = 0.0741 × (T - 273.15)

Which gives;

v = 0.0741·T - 0.0741 ×(273.15) + 20

v = 0.0741·T - 20.2404125 + 20

v = 0.0741·T - 0.240415

Therefore at absolute 0, v = 0, we have;

0 = 0.0741·T - 0.240415

0.0741·T = 0.240415

T = 0.240415/0.0741 = 3.2445 K

The temperature in degrees is therefore;

3.2445 K - 273.15 ≈ -269.91°C

The absolute zero temperature is therefore, -269.91°C

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