Why are price wars more common in oligopolies than in pure competition markets?
What will be an ideal response?
In oligopolies, there are only a few firms. Each firm keeps track of the others, knowing price cuts by one firm affect their market share. In pure competition, there are many small producers. The actions by one small firm do not affect the market.
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If we are testing a hypothesis that a sample percentage does not differ from a hypothesized value at the 95% level of confidence, and we arrive at a z value of 1.98, we would fail to support the hypothesis
Indicate whether the statement is true or false
According to the punctuated-equilibrium model, which two triggers bring about brief revolutionary change during the group's inertia?
a. resource utilization and awareness of time b. awareness of time and awareness of deadlines c. group conflict and missed deadlines d. missed deadlines and resource utilization e. awareness of deadlines and group conflict
______ is corrective action to get employees to meet standards and standing plans.
a. Coaching b. Counseling c. Discipline d. Punishment
From its inception through the year of 2016, Quicksales, Inc was profitable and made strong dividend payments each year
In the year 2017, Quicksales had major losses and paid no dividends. In 2018, the company started making large profits again, and they were able to pay dividends to all shareholders-both common and preferred. There are 2,000 shares of cumulative, 10% preferred stock outstanding. The preferred stock has a par value of $100. What is the total amount of dividends that should be paid to the preferred stockholders in December, 2018? A) $60,000 B) $90 C) $20,000 D) $40,000