what characterizes a market with oligopolistic competition?

Answers

Answer 1

It is an oligopolistic market if it has the following:

- Few number of competitors (economy is shared through a few number of businesses/companies)

- The absence of other competitors besides the dominating ones

- If those few companies have a significant impact on the market (can increase price easily)


Related Questions

Recall the methods of influencing followers discussed in Chapter 13. Which decision making style likely best fits with the influence tactic of collaboration

Answers

The decision-making style that is likely to fit best with the collaboration influence tactic is the behavioral style, which focuses on interpersonal relationships.

In this style of decision making, the leader seeks to positively influence his team through collaboration tactics, as his leadership style is geared towards integration between teams.

The decision-making process takes place in a collaborative search for information and evaluation of employees' reactions to a decision, being able to ask for advice and search for new ideas before making the decision.

Therefore, in the behavioral style, it is more likely to have integration, communication and increased motivation at work, as employees feel valued for being included in important decision-making.

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The president is responsible for the communication and ongoing relationship between America and other nations of the world. This is known as _____.

checks and balances
diplomatic relations
fiscal responsibility
accountability

Answers

Answer:

B. Diplomatic Relations

Explanation:

Anything involving peaceful relationships and communications between multiple countries is diplomatic relations

Diplomatic Relations Because this is the act of representing your state in front of others states.

All of the following are true statements about the workers in the Lowell factory system EXCEPT a they worked a maximum five days a week for eight hours a day b they were virtually all New England farm girls c they lived in company boardinghouses and were forbidden to form unions d they worked in factories where the windows were nailed shut

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The statement about the workers in the Lowell factory system which is incorrect is:

A. They worked a maximum five days a week for eight hours a day

According to the given question, we are asked to show the odd statement out from the given answer choices about the Lowell factory system which was not true.

As a result of this, we know that the Lowell factory workers were young girls who worked in Massachusetts in America at the height of the Industrial Revolution and they lived in company boarding houses, forbidden to form unions and the windows of the factories were nailed shut.

Therefore, the correct answer is option A

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When supply chain members realize that their goals and success are linked to others on the same team, they develop deeper long-term ______.

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Answer:

must understand

Explanation:

the motor city miracle playoff game took place on january 8, 2000, when the tennessee titans returned a kickoff for a touchdown with 16 seconds left. what team did the titans beat in that game?

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In January 8, 2000, the Motor City Miracle Playoff game took place that saw the Tennessee Titans play the Buffalo Bills.

The Motor City Miracle Playoff game:

Was played between the Buffalo Bills and the Tennessee Titans Ended in victory for the Titans Saw the Titans win with 16 seconds to go

In this very intriguing game, the Buffalo Bills were well on their way to victory after they scored a field goal with 16 seconds to go. The Titans however, scored a touchdown in those mere seconds to win the game 22 - 16

In conclusion, the Tennessee Titans played the Buffalo Bills.

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roberto really enjoys mingling at work functions, both to network for new contacts and simply to share stories with other interesting people. roberto probably scores high in:

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Answer:

he made the first microscope in biology

___________ change introduces a new practice to an organization but one that is not new to the industry.

Answers

The answer would be Innovative.

Location is very important in the marketing of __________ because consumers desire to purchase these goods with a minimum of shopping effort.

Answers

Answer:

Services

Explanation:

I think is services

If your liquid assets equal $15,000 and your total current debts equal $50,000, your liquidity ratio is:

Answers

I think it would be 0.30:1 I could be wrong though
use the income received and earned only. If your liquid assets equal $15,000 and your current debts equal $50,000, your liquidity ratio is: a. 30%.

which phase of the goals-based strategic planning involves an in-depth analysis of the company and its competitors?

Answers

Considering the business planning strategies, the phase of the goals-based strategic planning that involves an in-depth analysis of the company and its competitors is "Analyze the situation."

This is because, during this stage, firms can carry out an analysis that is often called SWOT analysis.

This allows the business firms to carry out the analysis on their own strength, weakness, and then opportunities and threats of their competitors.

Some other the phases of the goals-based strategic planning include the following:

Set direction;Define strategies;Deploy plan

Hence, in this case, it is concluded that the correct answer is "Analyze the situation."

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Which of the following is not the process of financial management? A Evaluating financial status B Setting goals C Record monthly expenses D Creating financial plan​

Answers

Answer:

C) Record monthly expenses

Explanation:

Using one of the leadership roles or extracurricular activities you prioritized as being important to you, describe what impact the experience had on you, what you contributed, what you learned about yourself, and how it has influenced your plans for the future?

Answers

One of the leadership roles that are on the rise in today's globalized environment is the role of the visionary leader, who is one who has a strategic and planned vision about the organizational resources and future of the company.

A visionary leader aims to keep the organization in line with the highest standards of innovation, always attentive to new trends and market changes, using a systemic vision.

Therefore, relating the visionary leadership role to personal development, one can understand aspects that will help an individual to be adaptable to eventualities, be more organized, manage essential resources and plan for the future.

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Which best diagrams the correct obstacle to the example?

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economic trade this is your answer hope it's helpful to you

Economic Trade is the answer.

given in return for good service *

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For a good business, you can add small things that will cheer up your customers :) I’m not sure what u wrote so a piece of advice helps

milton friedman led a new economic school of thought called

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Answer:

Friedman's economic theories became what is known as monetarism, which refuted important parts of Keynesian economics.

School: Keynesian economics

Works written: A Monetary History of the United ...

Explanation:

What are the importance of feedback in the communication process(3mks)

Answers

Feedback helps your team avoid major mistakes.

By creating a clear and honest communication flow during any kind of teamwork, it saves you the time of correcting someone's work, reduces errors caused by miscommunication to a minimum, and prevents regrets of those who feel like they failed.

A real estate agent who writes up a contract for the purchase of a home is providing ________ utility.

Answers

Based on estate management definitions, a real estate agent who writes up a contract to purchase a home provides Possession utility.

This is because a Possession utility is a term used in estate management services to describe the proportion of suitability or perceived value from owning a product.

Therefore, in this case, a real estate agent providing possession utility for a home creates a financing term toward possession of the home.

This possession utility is expected to lead to a high chance of home sales.

Other types of economic utility include the following:

Place;Form;Time.

Hence, in this case, it is concluded that the correct answer is "Possession utility."

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how do i comment on a question

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Answer:

click the three dots in to the corner then press comments.

If your on mobile you should see like 3 dots and if you click in them and then click comments you should be able to

If your on pc go to under the question and you should be able to comment there as well.

Acme Partnership reported the following items of income and expense: Sales $200,000 Cost of goods sold 115,000 Interest expense on bank line of credit 13,000 Charitable contributions 2,000 Administrative expenses 50,000 Long-term capital gain 10,000 What amount should be reported as ordinary income

Answers

The amount that ACME Partnership should report as ordinary income is $83,000.

Data and Calculations:

Sales Revenue =          $200,000

Cost of goods sold =       115,000

Gross profit =                 $85,000

Administrative expenses  2,000

Operating income =    $83,000

Interest expense             13,000

Taxable income           $70,000

Charitable contributions 2,000

Long-term capital gain  10,000

The operating income is the ordinary income before determining the eligibility of the charitable deductions and the long-term capital gain.

Thus, the ordinary income of ACME Partnership is $83,000.

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Explain the difference between “Why me “ sales and “Why “ sales ?

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Explanation:

There’s no way to overcome selling to the right person at the wrong time.

Timing — like so many other aspects of buyer qualification — is a critical component of your sales process.

But how do you know if now is the right time? It’s not difficult to find out. And in this article, I’ll give you a method, specific questions to ask, and a strategy to determine just how motivated your client is.

according to maslow’s hierarchy of needs, joining a leadership development group is an example of the self-actualization need.

Answers

According to Maslow’s hierarchy of needs, when one joins a leadership development group, it is an example of the self-actualization need. Therefore, it's true.

Self-actualization need simply means the realization of the potential of a person. It's self-fulfillment, and the desire to accomplish a particular thing.

In this case, joining a leadership development group is an example of the self-actualization need. In such a situation, the personal goal or desire of the person is accomplished.

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Home Depot hired an advertising agency to develop television ads for its grand opening in southern Maine. The advertising agency represents which component of the communication process

Answers

Answer:transmitter

Explanation:

what is the process of managing changes to the business requirements throughout the project?

Answers

Answer:

Requirements management is the process of managing changes to the business requirements throughout the project. The analysis phase establishes descriptions of the desired features and operations of the system including screen layouts, business rules, process diagrams, pseudo code, and other documentation.

The practice of managing changes to the business requirements during the project is known as requirements management. In the analysis phase, descriptions of the required functions and features of the system are established. These descriptions may include screen designs, business rules, process maps, pseudo code, and other documentation.

What is requirements management?

The goal of requirements management is to make sure that a company records, confirm, and satisfies the requirements and expectations of its clients and other internal or external stakeholders. The study and elicitation of the organization's goals and limitations is the first step in requirements management.

Supporting planning for requirements, integrating requirements and the organization for dealing with them, as well as interactions with other information delivering against requirements, and adjustments for these are all other components of requirements management.

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Groups of employees from different departments who work together on a long- term basis are called ______________________________________________.

Answers

Answer:

cross-functional teams

Explanation:

Team Edward or Team Jake
(From Twilight)
Team Vampire or Team Warewolf

Answers

team jacob all the way lol

Answer:

Explanation:

Ok so I was first team Jacob but now I think I'm team Edward.

Hotness wise... I think Jacob is more attractive especially in Eclipse b/c omlll when he was in the black t-shirt I gasps.

So I think I'm actually going to say I'm team both. However I'm team Vampire because I like vampires more.

3. Journals, ledgers, and work sheets are considered permanent records. (p. 159)
True or false

Answers

Answer:

false

Explanation:

when profit-maximizing firms in competitive markets are earning profits,

Answers

There are different ways that firms to make profits. When profit-maximizing firms in perfectly competitive markets are earning economic profits, new firms will enter the market.

Profit maximization is simply known to be the short run or long run method through which firms can know the price, input and output levels that tends to lead to the highest profit.

For profits to be maximize in a perfectly competitive market, firms have to  make the marginal revenue equal to marginal cost (MR=MC). MR is known to be the slope of the revenue curve that equal to the demand curve (D) and price (P).

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If an item tends to be very expensive to repair, how might that affect your decision to purchase a warranty for it? a. If an item is very expensive to repair, it is probably easier to buy a new one than to repair it, so a warranty is probably not worth it. B. The price of a warranty is based on the price of the repairs, so a warranty might not be a good idea. C. Buying an extended warranty might be a good idea so that you do not have to repair the item yourself. D. Buying a limited warranty might be a good idea because limited warranties sometimes do not deal with repairs, meaning that you will not have to handle these expensive repairs.

Answers

Since the item is very expensive to repair, C. Buying an extended warranty might be a good idea so that you do not have to repair the item yourself.

An extended warranty ensures that the responsibility for repairs rests with the seller and not the buyer.  The seller who gives the extended warranty will also be in the best position to repair the expensive item because it has developed the required in-house expertise.

Thus, an extended warranty, despite its high cost, ensures that the expensive item is repaired by the seller.

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Answer:

c

Explanation:

contributed capital of $1,000,000 is found in the ______ section of the ______.

Answers

Answer:

Here is Your Answer

contributed capital of $1,000,000 is found in the stockholders equity section of the Balance sheet

according to current growth charts, an infant can be expected to ______ his or her birth weight by 1 year of age.

Answers

Infants can be expected to triple their birth weight by 1 year

According to current growth charts, an infant can be expected to triple his or her birth weight by 1 year of age.

What is growth?

The term "growth" describes an increase in the size and mass of an organ or a body. Cell division and an increase in intracellular material are the usual mechanisms. Development is the maturing of an organism's physiological and functional systems.

The average baby will gain twice as much weight throughout the first six months of life. They will gain three times as much weight from birth to age one. The first three months of life will see a daily weight rise of roughly an ounce.

Think about the following general recommendations for newborn growth in the first year: A newborn may gain 5 to 7 ounces (about 140 to 200 grams) and grow 1/2 to 1 inch (around 1.5 to 2.5 cm) or more per week from birth until age 6 months. By roughly five months old, your baby should have gained twice as much weight as at birth.

Therefore, Thus, option (A) is correct.

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A. triple.

B. double.

C. quadruple

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