Author Question: In order to catch problems before they get out of hand, a business firm should compare its financial ... (Read 849 times)

CBme · **on:** Jul 14, 2018

In order to catch problems before they get out of hand, a business firm should compare its financial performance against various budgets.

Indicate whether the statement is true or false

Question 2

Which of the following is not a characteristic of an oligopoly?
A) There are few sellers.
B) The seller has considerable control over price.
C) Any duplication of facilities is wasteful.
D) Sizable investments are required to enter the market.
E) The market actions of each seller can strongly affect other sellers.