This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What impact would easy entry have on the profitability of ... (Read 21 times)

audie

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
What impact would easy entry have on the profitability of oligopolies?

Question 2

A _____ requires workers to comply with orders from a boss, who need not consult them when making decisions, and to be paid for their cooperation.
 a. residual claimant
  b. hierarchy
  c. shareholder
  d. cooperative


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

When market entry is easy, newcomers will be attracted to the industry whenever excess profits are available. This is likely to lead to the breakdown of tacit agreements of existing firms to hold prices at the current levels. Existing firms may lower their prices to reduce or eliminate the incentives for new firms to enter the market, negatively impacting profitability.

Answer to Question 2

B


audie

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
Excellent

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf
EMERGENCY TRAUMA ASSESSMENT MADE EASY EMERGENCY TRAUMA ASSESSMENT MADE EASY
A typical battery-powered 3/8 inch drive impact wrench. A typical battery-powered 3/8 inch drive impact wrench.
A simple and easy-to-use tester can be made from a lighter plug and double banana plug that fits ... A simple and easy-to-use tester can be made from a lighter plug and double banana plug that fits ...
Squaring a binomial — a geometric easy way to remember Squaring a binomial — a geometric easy way to remember
Regulation of Bacteriophage Entry into the Lytic or Lysogenic Cycle Regulation of Bacteriophage Entry into the Lytic or Lysogenic Cycle
Video: Wound Repair Animation

For a complete list of videos, visit our video library