Question

price leadership occurs when oligopolists do which of the following

price leadership occurs when oligopolists do which of the following

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
اWhen oligopolists collude and act as a monopoly, they charge a price above marginal cost. When...
اWhen oligopolists collude and act as a monopoly, they charge a price above marginal cost. When they act independently, they charge a price equal to marginal cost : True or False
Oligopolists are interdependent - what does that mean? What strategies (both legal and illegal) do oligopolists...
Oligopolists are interdependent - what does that mean? What strategies (both legal and illegal) do oligopolists undertake to remain competitive in their market?
223 Some economists have suggested that oligopolists tend to maintain stable prices when there are changes...
223 Some economists have suggested that oligopolists tend to maintain stable prices when there are changes in the demand for their products or in their costs of production. Which of the following models provides an explanation for this type of behavior? Centralized cartel Price leadership Prisoners' dilemma Kinked demand curve 228 Multinational corporations are often accused that transfer pricing is used for social responsibility. profit optimization. tax and tariff avoidance. creating unnecessary tension between divisions. 332 An increase in price...
Which of the following type of businesses earn zero profits in the long-run market equilibrium? Oligopolists...
Which of the following type of businesses earn zero profits in the long-run market equilibrium? Oligopolists and monopolistically competitive firms. Perfectly competitive firms and monopolists. Perfectly competitive firms and monopolistically competitive firms. Monopolists and oligopolists
Which of the following is more representative of leadership than management? Select one: a. Leadership entails...
Which of the following is more representative of leadership than management? Select one: a. Leadership entails focusing on the company's vision, mission, and goals. b. Leadership is centered on the current and immediate future. c. Leaders are concerned with means, rather than with ends. d. Leadership entails solving problems so that others can do their work effectively.
The price leadership model does not assume which of the following? a. The price elasticity for...
The price leadership model does not assume which of the following? a. The price elasticity for the leader is greater than for the smaller firms. b. Rivals will know how to respond to price changes. c. The smaller firms are allowed to maximize their profits. d. The dominant firm maximizes its profits. Oligopolistic interdependence refers to which of the following? a. The need to pay attention to their internal costs b. The need to pay attention to their inputs c....
Which of the following is correct regarding the process of benchmarking? It occurs when a company...
Which of the following is correct regarding the process of benchmarking? It occurs when a company increases the price of its products and reduces operating expenses. It enhances financial analysis by comparing a company’s financial ratios with those of competing companies in the same industry. It creates substantial sales growth for most companies. It is also called trend analysis.
Which of the following statements is true? a A market failure occurs when the market produces...
Which of the following statements is true? a A market failure occurs when the market produces the “wrong” amount of a good or service, or fails to provide any at all. b When there is market failure, resources are either over-allocated or under-allocated to the production of the good. c Supply-side market failures occur when it is impossible to charge all consumers, or even any consumer of the good, the price for the good. As a result, firms are not...
Leadership is a process that occurs in groups, involves influence and has a common goal (Northouse,...
Leadership is a process that occurs in groups, involves influence and has a common goal (Northouse, 2013). So by incorporating the word leadership into servanthood, we would expect the title to ring true. To a certain degree I concur. It is in from the perspective of what goal is being achieved that I disagree. The outcomes of servant leadership are follower performance and growth, organizational performance, and societal impact (Northouse, 2013). While I may concede that a common denominator of...
Which one of the following occurs when a rechargeable battery is recharged? The battery, which has...
Which one of the following occurs when a rechargeable battery is recharged? The battery, which has run out of _____, has _________ a)amps, current placed back into it. b)charge, charge returned to it c)watts, its wattage restored d)chemical reactants, its chemicals reformed