Why are batteries made by firms in oligopoly? Why isn't there monopolistic competition in that industry? Explain.

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Foundations Of Economics

ISBN: 9780134486819

8th Edition

Authors: Robin Bade, Michael Parkin

See More Books

Posted Date: Mar 29, 2024 02:45 AM

See More Questions

1. What are the distinguishing features of oligopoly? 2. Why are breakfast cereals made by firms in oligopoly? Why isnt there monopolistic competition in that industry? 3. Duracells share of revenue...
An e-commerce company has recently experienced a series of phishing attacks targeting its employees. The company tasks the security team with implementing a solution to prevent email spoofing and...
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
Ir Snip MB MBA MBB MBC MBD MBE a. A community of five individuals; Ali, Boy, Chia, Doc and Ed is planning to provide street lighting in their neighborhood. The marginal cost of providing the lighting...
What is the difference between plated through-holes and via holes?
Judy acquired passive Activity A in January 2009 and Activity B in July 2010. Until 2014, Activity A was profitable. Activity A produced a loss of $50,000 in 2014 and a loss of $75,000 in 2015. She...
For the circuit of Figure P23.39, a. What is the equivalent capacitance? b. What is the charge of each of the capacitors? 12 V FIGURE P23.39 HHHH 4.0 F 2.0F 1.0 F
Doorharmony Company makes doorbells. It has a weighted average cost of capital of 8% and total assets of $ 5,450,000. Doorharmony has current liabilities of $ 600,000. Its operating income for the...
1 0 . What type of passing parameter based on the following code fragment? class Student { public static void main ( String [ ] args ) { Student s = new Student ( Ali , 2 1 ) ; printData ( s ) ; }...
Discuss how merging the five departments into one department affects the people involved.
Myrtle is fully supported by her three children and Fred, a close friend of the family. Mark paid $4,000 toward Myrtle's support, while Nancy, Opel, and Fred paid $3,200, $800, and $2,000,...
Reg. 1.212-1 (n) refers to two Code Sections. What are they?
Faraway Travel, Inc. granted its vice-president, Chris Best, an incentive stock option on 1,000 shares of Faraway stock at $25 a share, its fair market value, on July 22, Year 1. Chris exercised the...
Determine the amount of self-employment tax due for 2019, assuming that Lynette earned $30,000 in wages and also earned $20,000 from a business that she owned.
Julian and Georgia file a joint return. They have adjusted gross income of $112,000 and ritemized deductions of $24,600. Are they Arequired to use the Tax Rate Schedules or the Tax Tables in...
Read the article Failure of justice system that feels all too familiar and write a paper on it
A stock has had returns of 8 percent, 26 percent, 14 percent, 17 percent, 31 percent, and 1 percent over the last six years. What are the arithmetic and geometric average returns for the stock?
Key in project scheduling for a search of the Web. Hundreds of thousands of hits are generated from such a search. Examine a cross section of the hits. What are some of the common themes found on...
Key in a search with the prompt projects in in which you select a country of interest (e.g., projects in Finland). Many of the projects generated by such a search are government-sponsored...
Suppose a project plan had three distinct paths through the network. The first path consisted of activities A (3 days), B (4 days), and C (2 days). The second path consisted of activities D (4 days),...

Why are batteries made by firms in oligopoly? Why isn't there monopolistic competition in that industry? Explain.

Question:

Expert Answer:

Batteries are typically made by firms in an oligopoly because the production of batteries requires a ... View the full answer

Foundations Of Economics

Students also viewed these economics questions