Describe an oligopolistic market structure. What alternatives to price competition exist in such markets? Why would these
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (14 reviews)
Oligopoly is a market structure where a few large sellers o...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Transportation A Global Supply Chain Perspective
ISBN: 978-1133592969
8th edition
Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard
Question Posted:
Students also viewed these Management Leadership questions
-
An oligopolistic market structure is distinguished by several characteristics, one of which is either homogenous or differentiated products. What are some other characteristics of this market...
-
Why might more competition in financial markets be a bad idea? Would restrictions on competition be a better idea? Why or why not?
-
Why might price collusion occur in oligopolistic industries? Assess the economic desirability of collusive pricing. What are the main obstacles to collusion? Speculate as to why price leadership is...
-
On October 1, 2024, Modern Company purchased a patent for $153,600 cash. Although the patent gives legal protection for 20 years, the patent is expected to be used for only eight years. Requirements...
-
Government plays a variety of roles in the Canadian mixed economy. Consider each of the roles discussed in the text and state the criteria you would use to decide whether government involvement in...
-
If Boeing produces 9 jets per month, its long-run total cost is $9 million per month. If it produces 10 jets per month, its long-run total cost is $11 million per month. Boeing exhibits a. rising...
-
True or False: Thermal alignment numbers are always available from the manufacturer.
-
K. Kim Inc. must install a new air conditioning unit in its main plant. Kim must install one or the other of the units; otherwise, the highly profitable plant would have to shut down. Two units are...
-
1. How should a company whose product is highly demanded and highly specialized grow quickly but still source responsibly? How far down the supply chain is the company responsible? How should it...
-
Electan Company produces two types of printers. The company uses ABC, and all activity drivers are duration drivers. Electan Company is considering using DBC and has gathered the following data to...
-
Why were tariffs created? Are they still useful in todays transportation environment?
-
What is value-of-service pricing? Is this approach to pricing valid today?
-
Laker Incorporated's fiscal year-end is December 31, 2012. The following is an adjusted trial balance as of December 31. Required: Prepare the necessary closing entries? Debit Credit Accounts Cash...
-
what did you learn about yourself from reading the other theories of personality? List and explain at least three things.
-
"Criminal Liability and Criminal Responsibility" Question 1 According to the text, all crimes have two essential elements: (1) the physical act or omission (i.e., actus reus) and (2) a mental...
-
Within six months, a 35% rise in revenue is part of the aim. Which three important business-related topics should the company plan emphasise?
-
Explain how a subroutine, an interrupt service routine, and an exception handler differ with regard to these aspects. a. Invoking source, (i.e., what "causes" execution) b. Conditions when invoked,...
-
The effective interest rate on bonds payable reflects the effective cost of borrowing at what interest rate?
-
Consider steady, two-dimensional, incompressible flow due to a spiraling line vortex/sink flow centered on the z-axis. Streamlines and velocity components are shown in Fig. P989. The velocity field...
-
Dawson Companys balance sheet information at the end of 2019 and 2020 is as follows: Additional information: The company did not issue any common stock during 2020. Required : Next Level Fill in the...
-
Describe how the hybrid purchasing organization works.
-
Describe how blanket orders and blanket order releases can be used to manage the procurement system of a business that owns a dozen large restaurants in a city.
-
How does public procurement differ from corporate purchasing?
-
Draw the UML class diagram based on the following Java code. public class Propeller { public double thrust; public int mileage; public class Engine ( public double power; public int mileage; } public...
-
a) Based on the following code segment, draw the representative UML diagram. class Vehicle ( private String regNum; private String departStat; private String arriveStat; public Vehicle () ( } regNum...
-
The following linear demand specification is estimated for Conlan Enterprises, a price-setting firm: Q=a+bP+CM+dPR where Q is the quantity demanded of the product Conlan Enterprises sells, P is the...
Study smarter with the SolutionInn App