As the number of sellers in an oligopoly becomes very large, a. the price effect is magnified. b. the quantity of output approaches the socially efficient quantity. c. the price approaches the monopoly price. d. the quantity of output approaches the monopoly quantity.

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Answer 1

As the number of sellers in an oligopoly becomes very large, the quantity of output approaches the socially efficient quantity.

An Oligopoly is when there are few large firms operating in an industry.  

Characteristics of an oligopoly:

Firms set the price for their productProducts are differentiated The demand curve is downward sloping There is a high barrier to entry and exit of firms into the industry.

As the number of firms increase in an oligopoly, the quantity and price approaches what would exist in a perfect competition. As the number of firms in an oligopoly decreases, the price and quantity produces approaches that would be exist in a monopoly.

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Related Questions

Short paragraph about Junior Technical Assistant​

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Answer:

Ttechnical assistants are junior-level administrative employees who report directly to the company manager or team leader. Their role is to provide both administrative and technical support for business clients or the internal team. Technical assistants work in a variety of fields including healthcare, computer science, manufacturing, and bankingg.

Explanation:

how did jimmy carter respond to the economic crises of the late 1970s?

Answers

According to historical records, Jimmy Carter responded to the economic crises of the late 1970s by making his budgetary policies focus on curbing the issue of inflation.

Jimmy Carter responded to the economic crises of the late 1970s in many ways. Some other ways he responded include the following:

By ensuring the deficits and government spending reduces.

By gradually removing price controls;

By promoting alternative sources of energy;

By legislating a national energy policy to improve energy conservation, etc.

Hence, in this case, it is concluded that there are various means by which Jimmy Carter tried to solve the economic crises of the late 1970s.

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As digital platforms increasingly embrace a subscription model, __________ of Americans say they now pay for online news.

Answers

Answer:

About 15-16%

Explanation:

Report shows that about 15% - 16% of American says they now pay for online news as digital platforms increasingly embrace a subscription model,

What is a digital platforms?

These are platform that uses a cloud technology for its software or programs for broadcast of news, movies etc

These digital platforms embraced a subscription model to cater for its operations.

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the changes in the non-cash balance sheet accounts explain the differences between the ______.

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Income statement and the statement cash flows

The bulk of evidence suggest that_______.
a. markets are competitive enough that only superior information or insight will earn superior risk adjusted returns
b. markets are competitive enough that earning superior risk adjusted returns is impossible
c. markets are inefficient enough that earning superior risk adjusted returns is time consuming but not difficult the efficient
d. market hypothesis has been proven incorrect, resoundly.

Answers

Answer:

C

Explanation:

I’m not sure tho

Tangible assets are first recorded at ______. Multiple choice question. current market value or resale value the amount of cash paid for them all costs to acquire them and prepare them for use cost minus residual (or salvage) value

Answers

Tangible assets are first recorded at costs to acquire them for use.

Tangible assets are  fixed assets which is  referred to as the physical assets which a company/Buisness owns to carry out its daily activities in order to create profit .

They include investments, cash, inventory, vehicles, office equipment, buildings,machines, etc

Tangible assets are very important to businesses  as they

Help in business operations  to provide goods and servicesServe as collateral for loansIn case of emergency, they can generate cash

Tangible assets are first recorded in the balance sheet as costs to acquire them for use.

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Surfaces on the same body are assumed to experience meteorite impacts with the same frequency. If this is true, what could account for the stark contrast in impact crater density on bordering regions of Ganymede in the photo?.

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Craters are known to be cause by the collision of a meteorite with the Earth. It is true because the surface with fewer impact craters is said to be a new surface.

The factor that account for the stark contrast in impact crater density on bordering regions of Ganymede in the photo is because since it has not been impacted as many times as the older surfaces.

The impact craters are therefore too hard to recognize as a result of weathering and erosion of its surface.

The Moon is known to lacks water, atmosphere, and tectonic activity of which these factors or forces often erode Earth's surface and erase some new impacts.

The impact crater is often influenced by the appearance of impact craters and ejecta are said to be the size and velocity of the impactor.

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If the reserve ratio is 20%, and the money supply increases by $100,000 because of open-market operations, then the Federal Reserve made a purchase of $_____ in Treasury bills.

Answers

Answer:

$20,000

Explanation:

cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as

Answers

The cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as operating activities.

Operating activities has to the with transaction that are involved in the day to day running of a business.

Operating activities involve revenue and expense and it help to analyze a company revenue and expense.

Operating activities is vital during decision making as it enables the company to plan based on the amount of cash receipts from customers and cash payment for direct costs.  

Inconclusion  the cash receipts and cash payments are classified on the statement of cash flows as operating activities.

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for class, I have to invest in stock on the Investopedia stock simulator why in the simulator under holding are there OPTIONS & SHORTS?
what is an OPTION and are they something to invest in?
what are SHORTS and are they something to invest in?

Answers

Answer:

Depends on the time you have to invest

Explanation:

Options are when you bet on the stock to go up in a certain time period that you choose in the Option if the stock goes under before you exit you lose money if it goes up by the time you exit you earn money

Shorts are when you bet on the stock to go down using options

Options have alot of risk with them meaning if you study the company.

use nasdaq and other resources to see the rising stocks of the day/week and look into those if you are investing in a short period due to the fact those stocks are more likely to go up in a fast period of time but you should put a stop-loss on those due to the fact its likely the stock can crash at any time and you need to plan a proper exit.

Just do proper research and analyze the risk you are placing on this fictional money.

I am not a licensed Financial Advisor so use this information for discretionary purposes.

the sequence of work for a job is also known as its

Answers

Answer:

Routing

Explanation:

NYSE MARKET DIARY
Yesterday Prev. Day
Advanced 577 827
Declined 1963 1757
Unchanged 455 388
Total Issues 2995 2972
New Highs 10 13
New Lows 91 78
Based on the information presented for both days, a technical analyst would conclude that the market:
A. is in a consolidation phase
B. breadth indicates a strong bullish trend
C. breadth indicates a strong bearish trend
D. is peaking and will soon enter a downturn

Answers

The answer to this is going to be b

How do I take over the world

A. Giant Robot army
B. Convince the Government XD
C. Ally with larger armies
D. All of the above

Answers

Answer:

D. All of the above lol

Explanation:

because I say so

    Well, if you think logically, B is never the answer.

    I believe you are somewhat young, "XD" is a giveaway (Though I shouldn't assume your age, it's rude, my apologies). They will never let you take over the world, even if you may be convincing.

    A giant robot army would take a while to make, but plans take a while to make so you could consider it. It does depend on how many you would like to make. An army can consist of a few hundred, to a few hundred thousand, though in this case maybe a thousand may be useful.

    Ally with larger armies would be useful, you would get plenty of firepower, possibly all over the world. You should probably ally with armies in many countries, allowing you to cover as much ground as possible. This would take a while, though maybe not as long as the robot army.

    All of the above is most likely the best option, you can ally with larger armies and make that robotic army of yours, and you would have a few backup plans in case anything goes wrong.

So I would go with D, All of the above.

Which statement explains a reason why the United States relies more heavily on expensive, high-tech medical treatments as compared to European countries

Answers

The main reason why the U.S. relies more on this is because the its health care costs are paid from a mixture of sources which leaves no single source primarily responsible for controlling health care costs.

In Europe, the countries does not rely more heavily on expensive and high-tech medical treatments as United States does.

In conclusion, the main reason why the U.S. relies more on this is because the its health care costs are paid from a mixture of sources which leaves no single source primarily responsible for controlling health care costs.

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Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal policy.

Answers

According to macroeconomic theory and money supply in the economy, the scenario as an example of expansionary fiscal policy includes "A decrease in taxes."

Other scenarios as an example of expansionary fiscal policy include the following:

An increase in government spending;An increase in corporate bonds purchased;An increase in the money supply;

Expansionary fiscal policy is a type of policy designed to increase the money supply in the economy.

On the other hand, examples of contractionary fiscal policy include the following:

A decrease in government spending;A decrease in transfer payments to dampen economic activity;An increase in taxes;A decrease in the money supply;

Contractionary fiscal policy is a type of policy designed to decrease the money supply in the economy.

However, the scenarios which are considered as not examples of fiscal policy include the following:

A decrease in the unemployment rate;

Hence, in this case, it is concluded that fiscal policy used by the government can either be expansionary or contractionary.

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How does the targeting process in entrepreneurship differ from the targeting process in traditional marketing

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Targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.

Targeting process refers to process of breaking-down a market into segments to facilitate concentration of marketing efforts on target segments.

An entrepreneur will first seek to come up with a product idea in the targeting process whereas the marketer will seek to identify the market segment to concentrate on.

In conclusion, the targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.

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What consumer protection agency is known by the acronym SEC? a. Safe Expansion Commission b. Society of Economical Consumers c. Stock Exchange Control d. Securities and Exchange Commission.

Answers

d. Securities and Exchange Commission.

The Securities and Exchange Commission (SEC) is a U.S. government agency that is responsible for the regulation of securities market whilst also protecting investing public.

The commission enforces federal laws to protect American public who are into securities market.

Other duties of the commission includes issuance of securities of public companies, provides data, regulates the market and facilitate capital formation, as well as merger and acquisition activities.

Thus, Securities and Exchange Commission is the consumer protection agency known by the acronym SEC

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What is a What? Its a trick question

Answers

What ? It’s a question

Before a significant risk medical mobile app (MMA) study can commence, what does the sponsor need to do

Answers

Based on operational standards, before a significant risk medical mobile app (MMA) study can commence, the sponsor "must have an approved IDE from FDA."

What are IDE and FDA?

IDE is the acronym of Investigational Device Exemption. Approval of IDE validates the investigational device to be utilized in medical research to obtain safety and efficacy data.

Similarly, FDA is the acronym of Food and Drug Administration. The responsibility of the FDA is to ensure there is safety and security of human and veterinary commodities, including drugs, biological products, and medical devices, among others.

Hence, in this case, it is concluded that the correct answer is that the sponsor "must have an approved IDE from FDA."

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starting with net income and adjusting it for items that affected reported net income but which did not affect cash is called the

Answers

Answer:

Explanation:

Two methods are used to calculate cash flow from operating activities: indirect and direct, which both produce the same result. ... Indirect Method: This method starts with net income and converts it to OCF by adjusting for items that were used to calculate net income but did not affect cash.

Imagine you are running a bank and you are deciding how much of your funds to deposit with the Fed. Your alternative to depositing funds with the Fed is to lend them to businesses and individuals. What are you likely to do if the Federal Reserve increases the interest rate that it pays on your deposits with them

Answers

If the Federal Reserve increases the interest rate that it pays on your deposits with them increase reserves at the Fed and reduce loans.

If the Federal Reserve increases the interest rate that it pays on your deposits with them, this means that the amount I deposit with the Fed would earn a higher rate of interest.

The aim of businesses is to make profit. As a result, I would increase the amount I deposit with the Fed in order to earn a higher rate of interest on my deposit and I would reduce the amount of loans I make.

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While developing a new product, in the product development stage, the first versions of products are used in further consumer testing. These first versions of products are called

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In the product development stage, the first versions of products that are used while developing a new product and in further consumer testing are called: prototypes.

A product life cycle can be defined as the stages (phases) that a particular product goes through, typically from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) main stages in the product-life cycle;

Introduction.Growth.Maturity.Decline.

A prototype can be defined as the the first versions of products that are manufacture and used while developing a new product and in further consumer testing.

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the complete list of items needed to prepare a statement of cash flows includes ______.

Answers

The list of items needed to prepare the cash flows statement includes:

comparative balance sheetsincome statement additional data on investing and financing activities

In accounting, statement of cash-flow is a statement that calculate the amount of cash and cash equivalents that comes and leaves the company.

The section of the statement of cash-flow are divided into the operating activities, investing activities and financing activities.

Hence, the list of items needed to prepare the cash flows statement includes the comparative balance sheets, income statement and the additional data on investing and financing activities.

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Getting customers into the stores by using newspapers, magazines, television, and social media refers to advertising in the ______, whereas displays and signs placed at the point of purchase or in aisles is advertising in the ______.

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Considering the contextual situation described in the passage, getting customers into the stores by using newspapers, magazines, television, and social media refers to advertising in the Media.

Whereas displays and signs placed at the point of purchase or in aisles are advertising in the "Store."

This is because Media consists of the primary means of communicating to the public. And the agents of media in which advertisement may be done include the following:

NewspapersMagazinesTelevision,Social media

On the other hand, Store or shop outlet is often used to describe the point of purchase of commodities. Thus, any display and sign done at the point of purchase are known as advertising in the store.

Hence, in this case, it is concluded that the correct answer is Media and Store, respectively.

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why was slavery more successful than other labor systems in meeting the labor needs of the colonial america market economy

Answers

Answer:

Cheap & effective

Explanation:

this source of labor was easily abusable and by having people you don't need to pay and spend barely anything on feeding them it makes it easier to build the USA. I don't agree with the USA being founded on this but other countries were doing this so the USA did it also.

A provision in the bond indenture that forces the corporation to make arrangements for bond repayment before the maturity date is called a(n) ____________ fund.

Answers

Based on the information given the bond repayment before the maturity date is called a(n) Sinking fund.

Sinking fund can be defined as the amount of money a company or organization saved so as to pay off  their debt or loan amount before the repayment maturity date or period.

Sinking fund is important as it enables company to save for the amount they borrowed until future date.

With this companies can prepare or make arrangement for the debt repayment so as to easily payoff the amount loan to them.

Inconclusion bond repayment before the maturity date is called a(n) Sinking fund.

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people often become wealthy by using a painfully simple strategy.

Answers

Answer:

It's about the power

It's about the drive

Explanation:

Just listen to face off song

In the context of collaborative planning, forecasting, and replenishment (CPFR), handling unforeseen problems is called _____ management.

Answers

It should be noted that collaborative planning, forecasting, and replenishment, handling unforeseen problems are known as exception management.

Management by exception simply means a style of business management which focuses on the identification and handling of cases that deviate from the norm.

Management by exception dictates that unusual nature should be reported to senior managers. Therefore, collaborative planning, forecasting, and replenishment, depicts exception management.

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Describe an example of your leadership experience in which you have positively influenced others, helped resolve disputes or contributed to group efforts over time.

Answers

Answer:  Describe an example of your leadership experience in which you have positively influenced others, helped resolve disputes, or contributed to group efforts over time.

Explanation:

Due to my leadership style, the project gained pace, productivity increased, and the team successfully completed the delivery of the software solution on schedule and under budget.

These initiatives clearly had a good effect. The team started to function more cohesively, taking advantage of one another's skills, and working well together to solve problems. The team became more cohesive as conflicts were settled through open communication.

The leadership made clear the value of facilitation, active listening, and creating a welcoming team environment in order to favorably influence people and support collective success.

The team's morale was low due to conflicts about the project's direction and priorities while I was the project manager for a software development team, and I ran into this issue.

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#SPJ12

Alton ordered an official NFL jersey for his son's birthday and is hoping it will arrive on time. Luckily, the company sent him the FedEx tracking number of the package so Alton can track the package and know exactly when it will arrive. This form of customer communication is referred to as ________ communication.

Answers

The form of customer communication here is what is referred to as delivery status.

Given the FedEx tracking number that Alton has received, he would be able to get a customized and an in-depth tracking of the NFL jersey that he has ordered for his son.

The availability of a tracking number would also help to build his faith and confidence in the delivery service. This is because it is going to give him a timeline of his good that would help him to anticipate the delivery.

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