Is advertising used in oligopoly?

Answers

Answer 1

Many oligopolistic markets are dominated by non-price competition. In these marketplaces, advertising is the main form of competition.

What do you mean by oligopolistic markets?

A market structure known as an oligopoly is one in which there are a small number of firms and none of them can prevent the others from having a large impact.

The market share of the big firms is calculated using the concentration ratio.

One producer dominates a monopoly market, two companies dominate a duopoly market, and three or more companies dominate an oligopoly market.

Even if the maximum number of businesses in an oligopoly is undetermined, it must be small enough for each business' operations to have a major impact on those of the others.

Numerous industries, including steel, oil, railroads, tires, grocery store chains, and wireless, have historically had oligopolies.

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Related Questions

What are the 3 ways economist measure economic activity?

Answers

1. Gross Domestic Product (GDP): This is the most common way economists measure economic activity as it measures the total market value of all goods and services produced within a country's borders over a certain period of time.

2. Consumer Price Index (CPI): This measures the cost of a basket of goods and services purchased by consumers over a certain period of time. It is used to track inflation, which is an important indicator of economic activity.

3. Employment and Unemployment Rate: This measures the number of people employed and unemployed in an economy. A higher rate of employment usually indicates an increase in economic activity.

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the rate of flow f(t) of a continuous income stream is a linear function, decreasing from $10,000 per year when t= 0 to $4,000 per year when t= 10. find the total income produced in the first 10 years. the total income produced in the first 10 years is $

Answers

According to the information provided, $40000 worth of income was generated over the first 10 years.

How would you define income?

The sum of money, assets, as well as other transfer of value obtained over a predetermined time period in return for services or goods are often referred to as "income." Income is defined in accordance with the situation in which the word is employed; there isn't a single, universal definition.

Briefing-

The data provides the income's linear rate of flow, which falls between $10,000 per year at time zero to $4,000 per year at time ten. Using the equation for a straight line, we can determine the equation for this rate of flow:

f(t)-f(t1)=f(t2)−f(t1)/t2−t1×(t−t1)

f(t)−10000=4000−10000/10−0×(t-0)

f(t)=−600×t+10000

The total income produced in the first 10 years is given by the definite integral:

I(10)=∫0→10(−600×t+10000)dt

I(10)=(−600×t²+10000t)0→10

I(10)=$40000

Consequently, the total money earned throughout the first ten years was $40000.

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employee covered house plans are most likely to be? High deductible health plans with the savings options? HMO? PPO? traditional indemnity plans?

Answers

Employee-funded home insurance policies are most likely to provide no revenue because there are very little odds that a home will be destroyed.

What is the concept of the excerpt?

High deductible health plans with tax advantages typically end up being expensive despite the tax advantages because they are more expensive and the cost of the health services received is significantly lower.

Health maintenance organizations, or HMOs, require patients to first choose a doctor before choosing a plan. The doctor will then oversee all costs and treatments, and patients are only permitted to see other doctors in an emergency.

Thus, Employee-funded home insurance policies are most likely to provide no revenue.

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If tertiary consumers have a total of 5 kcals, how much total energy would the producers have?.

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As per the  tertiary consumers have a total of 5 kcals,  total energy would the producers have 10 joules of energy.

Here we need to find If tertiary consumers have a total of 5 kcals, how much total energy would the producers have.

While we using the 10 percent law, we have known that only 10% of the energy is transferred to each trophic level from its lower trophic level.

Therefore, If 5 kcal of energy is available to the producer, then as per the given energy only 1000 joules of energy will be available to the primary consumer and only 100 joules of energy will be available to the secondary consumer.

Therefore, the energy available with the tertiary consumer will be 10 joules of energy.

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How would the client benefit by using blockchain technology to train the machine learning model?

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The automation process will be speedier than centralized databases thanks to Blockchain Technology.

Blockchain Technology will make sure that a human can control the automation process according to their scenarios. It will make sure that the only people who can change the data given to the machine learning model are admins.

Blockchain is thought to one day be used for data encryption as a shared, permanent record. On the other hand, a person can evaluate the obtained data and make inferences using an AI engine. Despite the fact that each technology has a wide range of uses, blockchain and artificial intelligence together will have many benefits.

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why was it important to expand american influence in china? a. strategic naval bases b. lucrative trade markets c. expanding christian beliefs d. slowing foreign immigration

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The expansion of American influence in China depended on "lucrative trading markets." Therefore, B) profitable trade marketplaces are the right response.

The phrase "It provided a nation exclusive trading rights in a particular region of China" best characterizes a sphere of influence in relation to China. Lucrative Trading Markets granted a country exclusive trading rights in a certain area of China.

Trade marketing is a broader marketing discipline that tries to boost the demand among supply chain partners such as wholesalers, retailers, or at the distributor level rather than only at the customer level. Trade marketing is sometimes known as B2B marketing or business-to-business marketing.

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Inadequate database capacity is an example of the ________ dimension of business problems.
A) technology
B) organizational
C) people
D) management

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Inadequate database capacity is an example of the technology dimension of business problems.

Business problems can be broken down into three dimensions: people, organisation, and technology. Technology issues can include a wide range of issues, including out-of-date software, inadequate or old hardware, a database with insufficient capacity, an insufficient telecommunications system, and all issues that arise when attempting to combine old and modern systems.

Inadequate business practises that are either a result of the current system or are a legacy of earlier effects that have never addressed can be a source of organisational difficulties. People issues include insufficient staff training, subpar performance reviews, and difficulties complying to regulatory or legal compliance.

The correct answer is option A.

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A country has a trade deficit of $20 billion with its trading partners (
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country increases its imports by $30 billion.
C. The country decreases its exports by $10 billion.
D. The country decreases its imports by $10 billion.

Answers

D) The nation reduces its exports by $30 billion, the change would result in a trade deficit the following year for the country that had a trade surplus of $20 billion in one year.

When imports rise faster than exports, a trade deficit occurs. If the country increases its exports by $30 billion, decreases its imports by $10 billion, or increases its imports by $10 billion, it cannot have a trade deficit.

As a result, the country will only experience a trade deficit if its exports decrease by $30 billion while the rest of its exports remain unchanged.

With an example, what is a trade deficit?

A country has a trade deficit when its imports exceed its exports over a given time period. A negative balance of trade (BOT) is another name for this situation. There are several ways to determine the balance, including: goods (also called " merchandise”), goods and services, and services and goods.

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Full Question = A country has a trade surplus of $20 billion with its trading partners over a

year. Which change would cause the country to have a trade deficit the

following year, assuming everything else remains the same?

A. The country increases its exports by $30 billion.

B. The country decreases its imports by $10 billion.

O C. The country increases its imports by $10 billion.

O D. The country decreases its exports by $30 billion.

The unemployment rate may underestimate the true extent of unemployment if:

A. many part-time employees would like to work full-time, but are unable to get the additional work.

B. employees increase the number of hours they work overtime.

C. there are a large number of people working in the underground economy.

D. any of the above may cause the underestimation.

Answers

The unemployment rate might misjudge the genuine degree of unemployment if there are an enormous number of individuals working in the underground economy.

unemployment insinuates the number of people who expected to work and are looking for work but searching for a productive business.

As of now, as brief worker satisfies the condition of being prepared to work they are associated with the business rate even though they are used for several hours.

Furthermore, a worker who necessities to work could become deflected in light of being up close and personal or mental clarification may not look for work eventually. In any case, are associated with the business speed of the economy.

Hence option (C) is correct.

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which of these correctly compares a conservative economic policy with a liberal economic policy? conservatives liberals (a) tax the rich at a higher rate than others tax large families at a lower rate than others (b) avoid recession by regulating the prices of goods avoid recession by regulating financial markets (c) reduce the national debt with international banking controls reduce the national debt with revenue-producing job creation (d) decrease income inequality through higher commercial profits decrease income inequality through higher taxes

Answers

The statement that correctly compares a conservative economic policy with a liberal economic policy is reducing of the national debt with international banking controls. The Option C is correct.

What is conservative economic policy?

As its fall under fiscal conservatism, the economic philosophy  have an ideological basis in capitalism, individualism, limited government, and laissez-faire economics. Its advocate for tax cuts, reduced government spending, free markets, deregulation, privatization, free trade, and minimal government debt.

What is liberal economic policy?

Also known as economic liberalism, its refer to an economic system organized on individual lines which means that the greatest possible number of economic decisions are made by individuals or households rather than by collective institutions or organizations.

Its opposes all government intervention in the economy when it leads to inefficient outcomes. This ideology support strong state that protects the right to property and enforces contracts and also support government interventions to resolve market failures.

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What does Accenture by sustainability will be the new digital?

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Sustainability will revolutionize how we live and work in the same way that the digital revolution did, creating new value, spurring growth, and permeating everything we do. Our goal at Accenture is to fulfill the potential of technology and human inventiveness.

Few things hold more potential than sustainability, which opens up new doors for our customers, partners, employees, and the communities in which we operate. Environmental, social, and governance (ESG) challenge such as the transition to a low-carbon economy, human rights, and inclusion and diversity are all included in the concept of sustainability. Therefore, we have made sustainability one of our top priorities—not only because it is the right thing to do, but also because we think it will unleash one of our generation's most potent engines for change.

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true or false family planning, economic opportunities for women, and schooling for girls generally produces a higher birth rate.

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False, Family planning, economic opportunities for women, and schooling for girls cannot produce a higher birth date.

The policy can affect family planning and education, both of which are expected to hasten the reduction in fertility. The key to accelerated fertility drop is women's completion of lower secondary education, and it was discovered that the prevalence of current means of contraception has an accelerating effect.

It is discovered that the effect of contraceptive prevalence was much greater than the effect of education. Sub-Saharan Africa experiences the same accelerating impacts as other regions, with smaller effect sizes. Since high birth rates and rapid population growth are likely to have negative economic, environmental, health, governmental, and political effects, it is widely believed that these countries would benefit from a slower population increase caused by a more rapid decline in fertility.

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How do you handle backlogs in agile?

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The Sprint Backlog is managed by the Development Team. One of the best practices is the Daily Scrum, which calls for updating the Sprint Backlog every day.

What is Sprint Backlog?

It demonstrates in a glaringly visible, in-the-moment way the work that the Developers want to complete during the Sprint in order to achieve the Sprint Goal.

The lone goal for the Sprint is the Sprint Goal. Despite the Developers' commitment to the Sprint Goal, the specific work that will be required to complete it is changeable.

The Sprint Goal, which also encourages teamwork and concentration, encourages the Scrum Team to collaborate rather than take on solo activities.

The Sprint Goal is decided upon and added to the Sprint Backlog during the Sprint Planning meeting. The developers keep the Sprint Goal in mind as they work during the Sprint.

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Considering everything discussed in class about transportation. which statement best describes what transportation management involves? - Determining the cheapest way to deliver your good to your customer. - Trade-off decisions between cost & timing of delivery, decisions about how to ship and negotiations regarding freight rates, term and conditions
- Deciding how to ship your products
- Managing all the carriers that ship your products and/or materials to and from your suppliers and customers

Answers

Answer:

I don't know sorry

I will search and tell you

if a company's sales are $630,000 in 2021, and this represents an 9% increase over sales in 2020, what were sales in 2020? (round your answer to the nearest dollar amount.)

Answers

The sales in 2020 is $577,982.

What sre sales in 2020?

Sales are acts that include the selling of goods or the quantity of goods sold over a predetermined period of time. A sale also includes the provision of a service for a fee. Sales in general company operations refer to any exchanges of money or value for the right to own an item or get a service.

A sale is an agreement wherein two or more people trade goods or services for money or other resources. A sale in the capital markets is an arrangement involving the cost of a commodity and its distribution for agreed-upon payment among a buyer and a seller.

Sales in 2021                                           630000

Sales in 2020      (630000/109*100)      577982

9% increase means, 2021 sales is 109% of year 2020 sales.

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Allocation of resources is inefficient only if
O a. producer surplus is zero.
O b. some of the potential gains from trade among buyers are sellers are not being realized.
O c.consumer surplus is equal to producer surplus.
O d. consumer surplus is lower than producer surplus.

Answers

Allocation of resources is inefficient only if b. some of the potential gains from trade among buyers are sellers are not being realized.

When is the allocation of resources inefficient ?

When a different resource allocation may boost output of any good by even one unit while maintaining the same level of other products, that resource allocation may be deemed inefficient. This indicates that some of the benefits that could come through commerce between buyers and sellers are not being attained.

Allocational efficiency happens when businesses, both public and private, invest their funds in initiatives that will benefit the community and the economy the most. This encourages economic growth.

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What is 5 V's of big data?

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Big data is a collection containing information from numerous sources, and it is frequently defined by five factors: volume, value, diversity, velocity, and veracity.

What is the plain meaning of volume?

The term "volume" refers to the space occupied by an object inside its three-dimensional boundaries. It is also known as the object's capacity.

Why is the volume formula?

The basic formula defining volume is length, width, and height, as opposed to the basic formula again for area of the a rectangular shape, which is length, breadth, and height. No matter how your refer to the various dimensions, the calculation remains the same. For instance, you can use "depth" instead of "height."

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all of the following are business products except a. small hand tools in an automobile repair shop. b. toner cartridges in the supply closet of a word processing center. c. color televisions in the electronics department of a large retail store. d. iron ore in a steel plant. e. a new appliance in someone's home.

Answers

Except for a new device in a person's house, all of the items listed below are considered business products, according to the assertion.

What qualifies as an automobile?

An automobile seems to be a motor vehicle with seats for a maximum of the driver and nine passengers that is primarily built or modified to transport people on roads and streets.

What are automobiles and why are they significant?

The vehicle increased people's access to employment, services, and personal independence. Better streets and transportation infrastructure were created as a result of it. To meet the need for gasoline and motor parts, new industries and occupations were created. Petrol and gasoline were among them, followed by rubber and plastics.

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Why do governments prefer subsidies over tariffs?

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In the absence of distortions or policy objectives directly related to trade, it is a well-established tenet of trade theory that subsidies are preferable to tariffs for attaining any economic or non-economic aim.

What justifies governments' preference for subsidies over tariffs?

Tariffs make imported goods more expensive than those made domestically (good produced at home). Another common trade barrier is the presence of government subsidies to a particular domestic industry. Subsidies make it less expensive to produce certain items than it would be to export them. Domestic prices are decreased as a result.

How do a tariff's and a subsidy's impacts differ from one another?

A subsidy, on the other hand, tends to lower costs for domestic consumers by making domestic goods less expensive, whilst a tariff tends to raise prices by making imported goods more expensive for domestic consumers.

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Can deductions and credits increase what you owe in taxes each year?

Answers

Before determining how much tax you must pay, deductions might lower your income. You may owe less in taxes or receive a larger tax refund as a result of credits.

What Can deductions and credits increase each year?The standard deduction typically rises each year, and 2022 will be no different. For single taxpayers and married taxpayers filing separate returns in 2022, the standard deduction is $12,950; however, married couples filing joint returns are eligible to deduct twice as much ($25,900).By lowering your taxable income through deductions, you can lower the percentage of your income that is taxed in the higher tax rates. Taking a $1,000 deduction, for instance, can save you $320 in taxes if your highest tax rate for the current tax year is 32%.Simple math is all there is to calculating a tax bill. You overpaid your annual tax obligations. That usually signifies that not enough money was withheld from your paycheck to pay taxes.

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1. Sales and Operations Planning combines:

a. The aggregate plan and the sales plan

b. Supply and demand

c. Production costs and backordering costs

d. Long-range planning and short-range implementation

2. The S&OP requires input from: (choose all that apply)

a. Sales

b. Operations

c. Transportation

d. Finance

3. Because of the need to interact with key supply chain partners, sales & operations planning is viewed as a cross-functional process.

a. True

b. False

Answers

1. Sales and Operations Planning combines the aggregate plan and the sales plan. Thus, the correct answer is option A.

2. The S&OP requires input from sales, operations and Finance. Thus, option a, b, and d are the correct options.

3. It is true that because of the need to interact with key supply chain partners, sales & operations planning is viewed as a cross-functional process. Thus, option A is the correct answer.

What is Sales and Operations Planning (S& OP)?

Sales and operations planning is an integrated business management process that allows the executive/leadership team to maintain focus, alignment, and synchronization across all organizational functions.

The aggregate plan and the sales plan are combined in Sales and Operations Planning. Sales, operations, and finance must all contribute to the S&OP. Sales and operations planning is viewed as a cross-functional process due to the need to interact with key supply chain partners.

Therefore, a properly implemented S&OP process reviews customer demand and supply resources on a regular basis and "re-plans" quantitatively over an agreed-upon rolling horizon.

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What is absolute advantage and why is this important?

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The concept of absolute advantage has the advantage of assisting nations in maximizing their efficiency and productivity.

What does "advantage thinking" mean?

Advantaged Thinking emphasizes a person's strengths over any weaknesses or challenges they may face. It focuses on people's ambitions and aspirations rather than their problems and invests in their potential.

What are the advantages' benefits?

Advantages frequently provide a real, concrete, or quantifiable explanation of the importance of a product and how it resolves an issue. Conversely, advantages appeal to the feelings or emotions of the prospect and are subjective. In essence, benefits are the reason why benefits matter and advantages are the reason that advantages matter.

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Question 3 of 43: A closeout report is primarily used to Select an answer share a summary of the project with others identify scope that wasn't completed in the project document the completion of contracts initiated by the project document the results of acceptance tests

Answers

A closeout report is primarily used to draft the summary of a project plan and its performance efficiency of it. Hence, option A is appropriate.

What is the Closeout report?

A closeout report resembles a project's final status report. It summarizes the project's findings and enables you to teach others what you learned. Start with highlights, whatever the initiative accomplished, and whether it had been successful, just as you would in a news report.

A venture closeout report is a thorough document that describes key project components and documents variations relating to a project's budget, schedule, and scope. Reports typically examine the entire project and provide information about the project manager's capacity to carry out the project's phases successfully.

Hence, option A is correct.

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What is a good assessment score?

Answers

A excellent executive assessment (EA) score, in the opinion of many professionals, is 150 or higher.

What does evaluation scoring entail?After completing a certain activity, a person's accomplishment is scored by assigning a number. Grading is the process of comparing measurement findings to a "reference used" score to determine how much weight the results should be given.An aptitude test result of 80% or more is regarded as a good score if the ideal score is 100%, or 100 points. Between 70% and 80% is regarded as a minimum acceptable score.Assessment Types: A Guide to Diagnostic, Formative, Interim, and Summative Assessment.A excellent executive assessment (EA) score, in the opinion of many professionals, is 150 or higher.

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A boundaryless organization is one thatMultiple Choiceputs together people with diverse occupational specialties in formal groups.combines functional and divisional chains of command in a grid so that there are two command structures.is in control of a central core of key functions and has outsourced other functions to vendors.is fluid and highly adaptive and whose members come together to collaborate on common tasks.

Answers

A boundaryless organization is one that d) is fluid and highly adaptive and whose members come together to collaborate on common tasks.

An organization that actively dismantles barriers to innovation is said to be "boundaryless," which means that it is more integrated and has less hierarchy and functional division. This makes it possible for ideas, information, and innovations to flow freely. Boundaryless enterprises benefit from the inherent diversity of their workforce.

Diversity will, according to research, boost employee and organizational innovation overall. The ability to be flexible and adaptable is one of a boundaryless organization's key requirements. The senior authorities can plan training programs to foster the proper mindset at work so that the staff does not see themselves as employees but rather as members of the team. This will help the managers construct a boundary-less organization.

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exhibit duckett group the duckett group is trying to determine its optimal average cash balance. the firm has determined that it will need $5,000,000 net new cash during the coming year. the fixed transaction cost of converting securities to cash is $50, and the firm earns 10 percent on its marketable securities investments. refer to exhibit duckett group. what will be the total cost to duckett of maintaining the optimal average cash balance, as determined by the baumol model? group of answer choices $7,071 $18,493 $53,190 $70,711 $35,356

Answers

The total cost to duckett of maintaining the optimal average cash balance, as determined by the Baumol model would be $7,071

Hence, Option A is correct.

A method to determine a firm's ideal cash balance under certainty is the Baumol model. As a result, businesses strive to keep the total cost of retaining cash and turning marketable securities into cash to a minimum.The Baumol cash management model aids in identifying a firm's ideal cash position under uncertainty. The model chooses the best conversion size or lot and allows for cost-effective transactional balances. It also makes the assumption that the demand for cash can be predicted with accuracy.

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Scalping and other black market activities arise when A. the quantities of goods demanded and supplied are allowed to adjust to their equilibrium levels. B. the prices of goods are restricted to levels below equilibrium prices. C. the prices of goods are restricted to levels above equilibrium prices. D. the prices of goods are allowed to adjust to their equilibrium levels. According to the law of? demand, other things being? equal, A. when the price a good goes? up, then people buy less of that good. B. when the price a good goes? up, then people buy more of that good. C. when? people's income goes? up, then they buy more of a good. D. when? people's income goes? up, then they buy less of a good.

Answers

When the pricing of items are constrained to ranges below equilibrium values, scalping and other illegal market practices develop.

Scalping is the practice of those who frequently buy and sell securities with the aim of making steady profits from little price changes of the traded security. A scalper frequently tries to profit from both the bid-ask spread and swift price changes. They can automate their trading techniques using trading software or by manually trading.

Scalping is now more challenging due to high-frequency trading (HFT). Programs are able to scan thousands of securities simultaneously and profit from bid-ask spreads in milliseconds. Black box algorithms that monitor Level 2 data also examine price and liquidity data to execute short-term transactions.

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What is a tax or duty to be paid on a particular class of imports or exports?

Answers

Answer:

Explanation:A tariff is a direct tax imposed by the government paid on a particular class of imports or exports

Identify the three major functional areas of business organizations and briefly describe how they interrelate.

Answers

The three major financial organizations are  finance, marketing, and operations management.

Business organization can be defined as an entity which is created with the idea of conducting business. It is a group  of law which is  governing contract and trade, property rights, and incorporation is the foundation of such an organization.Business organization is nothing more than engaging in a variety of economic operations with the assistance of people who work together to accomplish a shared goal. Profit is the primary goal of any commercial organization.

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global companies have five strategies for matching products and their promotion efforts to global markets. designing a product to serve the unmet needs of a foreign nation is which type of global marketing product and promotion strategy?

Answers

Designing a product to serve the unmet needs of a foreign nation is product invention type of global marketing product and promotion strategy.

Any invention that is specifically related to, or whose sole application is restricted to, the Product or its creation, production, or usage is referred to as a "product invention."

Product invention is the process of developing new goods or services for international markets. It entails developing something new to satisfy the demands of customers in a specific nation.

The plan and strategies you use in your marketing plan to raise demand for your product or service are what constitute a promotion strategy.

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