An industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making-price output decisions, is called a. monopolistic competitionb. oligopolyc. pure monopolyd. pure competition
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “An industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making-price output ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Montgomery equipment rental company received $1,000 cash from a customer; the amount was owed to the business from the previous month. what is the effect of this transaction on the accounting equation?
Answers (1)
Pioneer Systems Inc. has a high degree of formalization. Employees in Pioneer Systems are more likely to: A. face morale and motivation problems. B. feel empowered to implement new solutions. C. exhibit high levels creativity and experimentation. D.
Answers (1)
On January 1, 2018, Albacore Company had 340,000 shares of its common stock issued and outstanding. Albacore issued a 10% stock dividend on July 1, 2018. On October 1, 2018, Albacore retired 14,000 of its common shares.
Answers (1)
How to be good at business writing
Answers (1)
Why would you want to transform a set of raw scores into a set of z scores?
Answers (1)
New Questions in Business
Harry's Hotdogs is a small street vendor business owned by Harry Huggins. Harry is trying to get a better understanding of his costs by categorizing them as fixed or variable.
Answers (1)
A registered representative opens a new account for a customer by telephone and receives an order to sell 300 shares of ABC at the market.
Answers (1)
Brian brewster sold property to a buyer who paid him $400,000 cash and assumed an existing mortgage of $150,000
Answers (1)
The following inventory information was taken from the records of Kleinfeld Inc.: Historical cost $12,000 Replacement cost $7,000 Expected selling Price $9,000 Expected selling cost $500 Normal profit margin 50% of price Assume that subsequent to
Answers (1)
Eliza has a policy that allows her to deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns 65, she can deduct the premiums that exceed 7.5% of her adjusted gross income. Which type of policy does Eliza have?
Answers (1)