true or false? an oligopoly is a market where there are a handful of dominant firms. a type of oligopoly where there are only two firms is a duopoly.
Answers
True. An oligopoly is a market structure where there are only a few dominant firms that control the majority of the market. These firms have significant market power, which allows them to influence prices and make strategic decisions. A duopoly is a specific type of oligopoly where there are only two firms that dominate the market.
In an oligopoly, the dominant firms often compete with each other through non-price competition, such as product differentiation, advertising, or innovation. This is because they understand that engaging in price competition may result in a price war, which can be detrimental to all firms involved.
Duopolies are common in industries such as telecommunications, airlines, and automobile manufacturing, where there are typically two major players. For example, in the smartphone industry, Apple and Samsung have been the dominant firms, forming a duopoly.
To summarize, an oligopoly is a market structure with a small number of dominant firms, and a duopoly is a specific type of oligopoly with only two dominant firms.
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Related Questions
A model that shows the trade-offs and opportunity costs of producing an additional unit of a good relative to what must be given up in the production of another good.
Answers
Answer:
production possibilities curve (PPC)
Explanation:
The PPC is used to explain the tradeoffs that producers face when having to choose between 2 different alternative products or services. The more they choose of one product, the less they will be able to produce of the other product. Opportunity costs are the associated costs or benefits lost resulting from choosing one activity or investment over another alternative.
What three types of taxes do most Americans pay for?
Answers
The three types of taxes do most Americans pay for are Federal, State and Municipal taxes.
The tax is a mandatory fee charge levied by any government or an individual or an organization to collect revenue for public works providing the best facilities and infrastructure.
The Federal taxes in which the U.S. of America, tax that you pay to the national government rather than to a state government.
The State taxes in which a tax that you pay to the state government rather than the national government.
The Municipal taxes are the property tax or military rate on the value of a property. The tax is levied by the governing authority of the jurisdiction in which the property is located.
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hich pricing strategy involves setting a high price for an exclusive, high-end product?
Answers
Select the correct answer.
Some merchandisers design window displays.
A. True
B. False
Answers
Answer:
your answer would be (A) True
Explanation:
Why would it be better to be in a partnership?
Answers
Answer:
Partnerships increase your lease of knowledge, expertise, and resources available to make better products and reach a greater audience. All of these put together along with 360-degree feedback can skyrocket your business to great heights. The right business partnership will enhance the ethos of your firm.
Explanation:
Hope it helps..
She sells seashells on a seashore But the value of these shells will fall Due to the laws of supply and demand No one wants to buy shells 'cause there's loads on the sand
Step 1: you must create a sense of scarcity Shells will sell much better if the people think they’re rare, you see Bare with me, take as many shells as you can find and hide 'em on an island stockpile 'em high until they’re rarer than a diamond
Step 2: you gotta make the people think that they want 'em Really want 'em, really freakin want 'em Hit 'em like Bronson Influencers, product placement, featured prime time entertainment If you haven’t got a shell then you're just a freaking wasteman
Three: it's monopoly, invest inside some property, start a corporation, make a logo, do it properly "Shells must sell", that will be your new philosophy Swallow all your morals they're a poor man's quality
Four: expand, expand, expand, clear forest, make land, fresh blood on hand
Five: why just shells? Why limit your self? She sells seashells, sell oil as well!
Six: guns, sell stocks, sell diamonds, sell rocks, sell water to a fish, sell the time to a clock
Seven: press on the gas, take your foot off the brakes Run to be the president of the United States
Eight: big smile mate, big wave that's great Now the truth is overrated, tell lies out the gate
Nine: Polarise the people, controversy is the game It don't matter if they hate you if they all say your name
Ten: the world is yours, step out on a stage to a round of applause You're a liar, a cheat, a devil, on the floor And you sell seashells on the seashore
Answers
Answer:
Amazing story 10/10
Explanation:
This text is a fun and musical piece of writing that makes fun of different subjects like money, selling things, having an impact on others, and how power works.
What is the seashells about?This text talks about using the idea of selling seashells on a seashore to explain a bigger idea about how people can be manipulated and controlled by big companies and society.
This passage is written in a way that shows different aspects of a story. It covers things like creating a feeling of not having enough, changing how people think about things, and gaining more power.
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Which type of feminism links the social disadvantages of women to their dual roles as paid and unpaid workers in a capitalist economy?
Answers
Socialist feminism type of feminism links the social disadvantages of women to their dual roles as paid and unpaid workers in a capitalist economy.
Feminism is an interdisciplinary strategy or activity focused on gender, gender expression, gender identity, sex, and sexuality, as understood via social theories and political activism. In the past, feminism has developed from a critique of gender inequity to a more complex investigation of the social and performative constructions of gender and sexuality.
Feminism theory currently seeks to analyze inequalities and inequities along the intersectional lines of ability, class, gender, race, sex, and sexuality, and feminists want to influence change in places. A social movement and political ideology known as socialist feminism combines democratic socialism's principles with the gender politics of women's liberation.
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which constraint does not allow someone to create an order for a nonexistent customer?
Answers
Answer:relational integrity constraint
Explanation:
At a local grocery store, they sell a Visa card that has a prepaid amount on it. People can use this card anywhere, but it cannot be used for more than its prepaid value. Which type of card is this?
A.
a debit card
B.
a smart card
C.
a stored value card
D.
a retail credit card
Answers
The type of the card is a Retail Credit card. Hence the option (D) is the correct one.
What is the function of retail credit cards work?For retail credit cards, an image You can potentially obtain benefits at some retail establishments if you have a retail store credit card.
Decide if you want a card that restricts the retailers with which you may earn rewards or one that enables you to earn rewards for regular purchases. Benefits could consist of privileged access to funding, exclusive deals, discounts, and awards.
For instance, paying in whole for a motorcycle costing $10,000 would be excessive for a buyer.
Consumer will receive a $10,000 loan from retail credit institutions, which will be repaid with interest over a period of time in the form of monthly installments.
Hence the correct option is (D).
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Can an opinion be wrong? Isn’t everyone entitled to an opinion?
Answers
Answer:
Yes
Explanation:
An opinion can indeed be wrong unless you based if of scientific facts and have evidence to back up your opinion. Everyone is indeed entitled to an opinion but not everyone listens to everyone’s opinion that is not backed up with facts.
1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?
Answers
Answer:
1. It shows you know how to do your job better.
Explanation:
It shows that you can respect your Client/Customer and have a better experience with you. Also it helps you to not get fired easily.
starbucks ran a new ad during the super bowl. the marketing department wanted to know the percentage of people watching the program who were exposed to the ad during the event. starbucks was measuring the blank of the ad.
Answers
Starbucks was measuring the reach of the ad during the Super Bowl.
Reach is a marketing term that refers to the number or percentage of people in a target audience who have been exposed to a particular advertisement or marketing message at least once during a specific period.
In this case, the marketing department wanted to determine the percentage of people who were watching the Super Bowl and were exposed to the Starbucks ad during the event.
Measuring the reach of an ad is an important aspect of advertising effectiveness evaluation as it helps determine the potential impact of the ad and how many people it has reached. It also assists marketers in deciding how to allocate advertising budgets to optimize reach and maximize ROI.
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A government official on a Caribbean island considers
the island a tax haven and the best option for the island's
population. Discuss the accuracy of this claim.
Answers
The claim that a Caribbean island is a tax haven and the best option for its population is a complex and subjective matter. While tax havens can attract certain benefits, such as foreign investment and job creation, it is essential to consider the broader implications and long-term consequences. Factors as economic diversification, social development, and the overall welfare of the population must be taken into account when evaluating the accuracy of this claim.
Explanation:
While tax havens may offer advantages in terms of attracting foreign investment and facilitating tax optimization for certain individuals or corporations, relying solely on this strategy can have limitations and negative effects. A narrow focus on being a tax haven can hinder the development of other sectors of the economy, leading to a lack of diversification and vulnerability to external shocks. It may also contribute to income inequality, as the benefits primarily flow to a small segment of the population while potentially neglecting social programs and infrastructure investments that benefit the broader population.
Additionally, being labeled a tax haven can have implications on the island's reputation and relationship with other countries. Many jurisdictions and international organizations have been working to combat tax evasion and money laundering, which has led to increased scrutiny and pressure on tax havens. This can result in regulatory changes, sanctions, or a damaged reputation, which can impact the island's long-term stability and economic prospects.
Therefore, while positioning a Caribbean island as a tax haven may bring short-term benefits, the accuracy of the claim depends on a comprehensive assessment of the island's overall economic, social, and developmental goals. A sustainable and inclusive approach that promotes economic diversification, invests in social programs, and fosters long-term growth opportunities may be more beneficial for the island's population in the long run.
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The claim that a Caribbean island is a tax haven and the best option for its population is a complex and subjective matter. While tax havens can attract certain benefits, such as foreign investment and job creation, it is essential to consider the broader implications and long-term consequences. Factors as economic diversification, social development, and the overall welfare of the population must be taken into account when evaluating the accuracy of this claim.
While tax havens may offer advantages in terms of attracting foreign investment and facilitating tax optimization for certain individuals or corporations, relying solely on this strategy can have limitations and negative effects. A narrow focus on being a tax haven can hinder the development of other sectors of the economy, leading to a lack of diversification and vulnerability to external shocks. It may also contribute to income inequality, as the benefits primarily flow to a small segment of the population while potentially neglecting social programs and infrastructure investments that benefit the broader population.
Additionally, being labeled a tax haven can have implications on the island's reputation and relationship with other countries. Many jurisdictions and international organizations have been working to combat tax evasion and money laundering, which has led to increased scrutiny and pressure on tax havens. This can result in regulatory changes, sanctions, or a damaged reputation, which can impact the island's long-term stability and economic prospects.
Therefore, while positioning a Caribbean island as a tax haven may bring short-term benefits, the accuracy of the claim depends on a comprehensive assessment of the island's overall economic, social, and developmental goals. A sustainable and inclusive approach that promotes economic diversification, invests in social programs, and fosters long-term growth opportunities may be more beneficial for the island's population in the long run.
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When the employing broker of a corporate brokerage is suddenly unable to continue in that position, to whom may the commission issue a temporary "hardship" license?
Answers
The options available are:
A. person with sufficient ownership interest in the corporation
B. Colorado licensee approved by the corporate board of directors
C. member of the board of directors
D. officer or director with a broker's license from another state
Answer:
Colorado licensee approved by the corporate board of directors
Explanation:
This is because, all companies are expected to have an employing broker at all times. But in a situation whereby none exist at a given period, then the real estate commission can issue a "hardship" license to someone else to act as the interim employing broker while the company finalizes on a permanent employing broker.
However, the rule for the "hardship" employing broker is that he/she must have an active Colorado license.
Hence, given the options available, the right answer is "Colorado licensee approved by the corporate board of directors"
At market equilibrium...
Answers
________ can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations. Multiple choice question.
Answers
Services can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations.
What are services?
Services serves as the task or activities that is been delivered to the client in exchange if rewards.
Services can be different based on the organization performing it such banking sector , and classified according to whether they are delivered by people or equipment, or by business firms.
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which of the following matters is covered in a typical comfort letter? negative assurance concerning whether the entity's internal control procedures operated as designed during the period being audited,
Answers
The following matters is covered in a typical comfort letter covers negative assurance concerning whether the entity's internal control procedures operated as designed during the period being audited.
A comfort letter is a document issued by an independent accounting firm to verify the accuracy of figures, assertions, or claims made by a company or individual. Comfort letters are often used by underwriters and banks during initial public offerings (IPOs) or other financial transactions. Comfort letters are issued based on the results of a review conducted by the accounting firm.
The purpose of a comfort letter is to provide assurance to third parties that the financial information provided by the issuer is accurate and that any changes since the date of the issuer's latest financial statements have been appropriately reflected. Comfort letters include negative assurance regarding the issuer's internal controls, among other things. Comfort letters are not audited, and they do not provide a comprehensive opinion on the issuer's financial statements.
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Which of the following will cause an increase in Supply for the Short-Run Macroeconomic model?
A. Lower prices will increase the demand.
B. Higher prices to encourage competition.
C. The addition of only highly skilled workers.
Answers
Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.
How supply can be increased in the short run?In the marketplace model, supply slopes up due to the profit purpose of individual firms. If a corporation receives a better price, they'll make a higher profit via way of means of selling more, so the quantity supplied will increase while the price will increase.
Therefore, Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.
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Which of the following provides the best explanation for how consumer credit can exacerbate inequality?
Answers
Answer:
people with lower wealth and income may have less access to credit and pay higher interest rates when they are approved
Explanation:
Answer:the answer is A
Explanation:
people with lower wealth and incomes must scrifice more capacity and capital in order to acquire credit.
consider a slight variation of the perfect competition model. suppose that there are two types of firms; type 1 and type 2, which produce an identical product. the types differ with respect to the long run cost function. assume that there are 50 identical firms in each type. the cost function for each type 1 firm is given by
Answers
The cost function for each type 1 firm is given by :C(q1) = 50 + 2q1. The cost function for each type 2 firm is given by: C(q2) = 100 + q2.
The two types of firms differ with respect to their cost functions. Type 1 firms have a higher fixed cost and a lower marginal cost than type 2 firms. As a result, type 1 firms have a higher average cost than type 2 firms, but a lower marginal cost. This means that type 1 firms are more efficient at producing a large quantity of output, while type 2 firms are more efficient at producing a small quantity of output.
In conclusion, the slight variation of the perfect competition model involves two types of firms, type 1 and type 2, that differ with respect to their long run cost functions. There are 50 identical firms in each type, and type 1 firms have a higher fixed cost and a lower marginal cost than type 2 firms. And the cost function for each type 2 firm is calculated by C(q2) = 100 + q2.
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Raclette is a popular wintertime dish in Switzerland. It is essentially melted Raclette cheese over boiled new potatoes. If the price of Raclette cheese decreased, we would expect to see:
Answers
If the price of Raclette cheese decreased, we would expect to see an increase in the quantity demanded of Raclette cheese because it has become more affordable to consumers.
Raclette is a popular dish in Switzerland during the winter months. The dish comprises of Raclette cheese melted over boiled new potatoes. Raclette cheese, like any other commodity, is subject to the laws of supply and demand. If the price of Raclette cheese falls, the quantity demanded of Raclette cheese will rise while the quantity supplied of Raclette cheese will fall.
As the price of Raclette cheese decreases, buyers would demand more of it, considering it a relatively cheaper good. When the price falls, the producer will be producing less of Raclette cheese as they earn less revenue from producing it. Hence, we would expect to see an increase in the quantity demanded of Raclette cheese if its price decreased.
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According to the video, which employer hires most career Firefighters?
city and country fire departments
chemical and manufacturing plants
airports
agencies that fight forest fires
Answers
The first choice, which refers to both city and rural fire departments, is correct.
What do firefighters contribute to society?A firefighter is a first officer on the scene and rescuer who has received extensive training in firefighting. Their main duty is to put out dangerous fires that endanger men's careers, their property, and the environment.They may also be required to protect the life of livestock in specific circumstances or jurisdictions.. A female firefighter is less commonly referred to as a firewoman than a male firefighter.
One of the three basic emergency responders is the fire service, typically known as the fire dept or fire department in multiple countries. There are now firefighters everywhere in the world, both on ships and in cities..
Throughout a firefighter's career, the skills necessary for safe operations are routinely practised throughout training evaluations. Introductory firefighting techniques are typically taught in fire academies or training programmes that have received municipal, regional, or state approval. Further knowledge and credentials in fields like technical rescue and pre-hospital medicine may also be obtained at this time, depending on the demands of a department.
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Answer:
city and country fire departments
which option has had the least impact on international business?
Answers
In a venture capital firm, what does the word "capital" refer to? Question 5 options: a. the capital of the state where it's located
b. the capital, or money, they invest in businesses c. the way they use capital letters for all their communications
d. where their offices are housed in the state capitol building
Answers
In a venture capital firm, the word "capital" refers to B. the capital, or money, they invest in businesses.
Venture capital firms are financial institutions that specialize in providing funding to start-ups and emerging businesses, often in exchange for equity or ownership stakes in these companies. They play a critical role in the growth and development of innovative businesses by providing the financial resources and guidance necessary to scale and succeed.
The term "capital" in this context refers to the financial resources the firm allocates for investments in these companies. This capital can come from various sources, including private investors, institutional funds, or the firm's own resources. Venture capital firms use their expertise and networks to identify promising companies, evaluate their potential, and support their growth through strategic capital deployment.
In summary, the word "capital" in a venture capital firm is related to the money they invest in businesses, supporting their growth and development by providing the necessary financial resources. This usage of the term is not related to the location of the firm or the way they use capital letters in their communications. Therefore, the correct option is B.
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Answer:
ITS B
Explanation:
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The total greenhouse gas emissions generated by people, things, events, or groups are called _____ footprints.
Answers
The answer is carbon footprints I think
why is it important to consider the annual fee when comparing credit card offers?
Answers
Answer:
Money of rewards need to be greater than annual fee. APR because it determines interest you pay on balance you carry.
Explanation:
there are several ways that central banks can increase or decrease the money supply. match the descriptions below with the corresponding policy tool. it is possible that a description does not apply to any of the terms. a. an increase in the interest rate that a central bank charges commercial banks for loans. b. a government printing more currency c. a central bank purchasing existing bonds d. an increase in government spending e. an increase in the percentage of deposits that banks must keep on hand
Answers
It is possible that a description does not apply to any of the terms central bank charges commercial banks for loans.
Discount Rate: an boom withinside the hobby fee that a crucial financial institution fees industrial banks for loans. Securitization is a manner for economic establishments to remove the chance of economic panic.
A crucial financial institution is an economic organization this is accountable for overseeing the financial gadget and coverage of a kingdom or institution of nations, regulating its cash supply, and putting hobby rates. The pursuits on those loans are how the banks make cash.) Central banks lend cash to industrial banks in instances of disaster, so they do now no longer collapse; that is why a crucial financial institution is referred to as a lender of closing resort.
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A pleasant smile, eye contact, and a firm handshake are examples of _____.
A.crafting a logical argument
B.probingdone
C.nonverbal communication
D.consultative selling
Answers
Answer:
Nonverbal Communication
Cruz company had revenues of 80175 and expenses of 50000 for the year its assets at the beginning of the year were 400000 at the end of the year assets were worth 450000
Answers
The return on assets for Cruz Company with a total revenue of $80,175 and total expenses of $50,000, given average assets of $425,000 is 7.1%.
Return on Assets = Net Income/Average Assets x 100
= $30,175/$425,000 x 100
= 7.1%
The return on assets indicates the profitability of Cruz Company relative to its assets. It is expressed as a percentage by dividing the Net Income with the Average Assets, then multiplied by 100.Data and Calculations:
Revenue = $80,175
Expenses = $50,000
Net income = $30,175
Assets:
Beginning balance = $400,000
Ending balance = $450,000
Average assets = $425,000 ($400,000 + $450,000)/2
Thus, the return on assets equals 7.1% for the year.
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this form will be sent to Lily by the end of January. She will use this form to...
Answers
Answer:
\(\large\colorbox{white}{File her income taxes}\)
Explanation:
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\(\large\colorbox{lime}{Xxᴊᴀsʜ13xX}\)