Business

5 August, 14:39

Economists usually call an industry an oligopoly if

A. there is one firm that produces 100 percent of the output

B. the ten largest firms produce less than 50 percent of the output

C. only one product is available on the market

D. the four largest firms produce at least 70-80 percent of the output

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Economists usually call an industry an oligopoly if A. there is one firm that produces 100 percent of the output B. the ten largest firms ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Economic study of a nation's economy and indicators of the health of an economy. unemployment inflation macroeconomics recession

Intentionally reporting product sales in the financial statements for the period prior to when they actually occurred is a violation of which generally accepted accounting principle?

Return on common stockholders' equity is most closely related to: O profit margin and free cash flow. O times interest earned and debt to stockholders' equity ratio. O return on asset and leverage (debt to assets ratio).

Juanita is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Juanita has only 20 hours this week that she can devote to training.

Advertising first made consumers aware of differences in products and prices in the marketing economy.

New Questions in Business

Raul came to the United States from Mexico three months ago and he is still having trouble understanding Americans' tendency to rush all the time. He is also surprised when his teachers are irritated if he joins class a while after class has started.

Suppose you deposit $1 comma 2001,200 cash into your checking account. By how much will the total money supply increase as a result when the required reserve ratio is 0.

What type of saving account is a Christmas Club account

Question 2 (10 Marks) In Andalusia Ltd, wages are paid on a weekly basis (40 hours per week) at a guaranteed hourly rate of RM2.80. It is estimated that the time required to manufacture a particular product was 12 minutes.

The Commerce Clause holds that states cannot impede interstate commerce. True of False?