Ask Question
BusinessBusiness
14 January, 00:48

We could state correctly that the minimum characteristic necessary to distinguish among price-making firms is:

+5
Answers (1)
  1. 14 January, 00:57
    0
    These are the choices I found on the internet:

    a. product differentiation.

    b. price discrimination.

    c. the level of the concentration ratio.

    d. the number of firms in the industry.

    e. whether they produce industrial or consumer products.

    The answer would be letter B - price discrimination. Since a price maker is an entity/firm, with a monopoly that grants it the ability to affect the price it charges as the good it produces does not have perfect substitutes.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “We could state correctly that the minimum characteristic necessary to distinguish among price-making firms is: ...” 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
You are the project manager for Insomniacs International. Since you don't sleep much, you get a lot of project work done.
Answers (1)
Which position buys equipment, materials, and services to operate a facility? Hand Packager Purchasing Agent Production and Planning Clerk Packaging and Filing Machine Operator
Answers (1)
Balance sheet accounts Group of answer choices 1. are called real accounts 2. have zero balances after the closing entries have been posted 3. are not affected by adjustments 4. represent amounts accumulated during a specific period of time
Answers (1)
McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 530 2 690 3 875 4 1,090 a.
Answers (1)
If, at constant relative prices in a two-commodity and two-factor world, growth in a country's labor force causes an expansion in output of the labor-intensive good and a contraction in output of the capital-intensive good, this situation is an
Answers (2)
New Questions in Business
Strong company applies overhead based on machine hours. at the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, and machine hours would total 20,000.
Answers (1)
The last 50 years of declining productivity of the commercial fish populations off the northeast coast of north america reveal the impact of
Answers (1)
Which of these is NOT one of the items that can provide useful assistance to a project team to define the activities of a project? a. the major milestones from the Project Charter b. schedules from similar, previous projects c. issue logs d.
Answers (1)
The purpose of the post-closing trial balance is to Group of answer choices prove the equality of the temporary account balances that are carried forward into the next accounting period.
Answers (1)
Using the cut-and-try method for aggregate operations planning, we can calculate the ending inventory and then calculate the safety stock as a percent of forecast demand.
Answers (1)
Home » Business » We could state correctly that the minimum characteristic necessary to distinguish among price-making firms is:
Sign Up Forgot Password?