Discuss if you foresee any weaknesses in the three firms

Assignment Help Other Subject
Reference no: EM132841891

Discussion - Oligopolistic Industries

An oligopoly is characterized by a relatively small number of firms offering a similar product or service. Oligopoly products may be branded, as in soft drinks, cereals, and athletic shoes, or unbranded, as in crude oil, aluminum, and cement. The main distinction of oligopoly is that the number of firms is small enough that actions by any individual firm on price, output, product style, quality, introduction of new models, and terms of sale has an impact on the sales of other firms in the industry. Review the Table 12.1 (pg. 416), select a dominant single firm, duopoly firm, and triopoly firm and discuss if you foresee any weaknesses in the three firms you selected that would allow entrance into this market or if one of the firm has enough strength to become a monopoly?

Reference no: EM132841891

Questions Cloud

Implication of ethical subjectivism and cultural relativism : One major implication of ethical subjectivism and cultural relativism is that the individual or culture, respectively, is morally infallible.
Economic inequality ultimately lowers aggregate demand : As the basis of capitalism is supply and demand, this economic inequality ultimately lowers aggregate demand, which results in unemployment.
What is their relationship to each person : Interview someone you know who is a member of the sandwich generation. Who are they caring for? What is their relationship to each person?
Maintain economic movement to increase business : Simultaneously, society's remainder is left to work and maintain economic movement to increase business and government capital.
Discuss if you foresee any weaknesses in the three firms : An oligopoly is characterized by a relatively small number of firms offering a similar product or service. Oligopoly products may be branded, as in soft drinks.
Determine the Coronado operating income for the month : During August, 2020, Coronado's Supply Store generated revenues of $61000. Determine the Coronado's operating income for the month of August, 2020
Global community or the government to survive : Therefore Capitalism does not benefit everybody as there are always those who are taken advantage of and need assistance either from
What is the nature of the mind : An overarching theme in the history of psychological thought can be summarized with two questions: "What is the nature of the mind?"
Why are supervision and delegation a concern : 1. Why are supervision and delegation a concern? 2. What does the author say about charge nurses and their management decisions?

Reviews

Write a Review

Other Subject Questions & Answers

  Propose a solution to a public health problem

Propose a solution to a public health problem (such as obesity prevention and control, environmental health issues, or infectious diseases) at the local.

  Describe implications of findings in support of the theory

Description of theoretical concepts identified in article. Description of how are concepts measured in article. Describe implications of findings in support.

  Write a paper in which you identify the health care setting

To complete this Application Assignment, write a 3-page paper in which you identify the health care setting (or context) in which each of the four specific systems you selected is used.

  What group and individual activities can you incorporate

Imagine you are working as a charge nurse in an assisted living facility. Your unit houses twenty older adults. The residents of this unit are cognitively.

  What you are hoping to achieve with your strategic goal

What you are hoping to achieve with your strategic goal. What leadership or managerial skills will you draw upon in implementing this plan?

  Post a brief explanation of the behavioral perspective

Post a brief explanation of the behavioral perspective reflected in the article you selected. Then, explain the strengths and limitations of this perspective.

  What ethical issues would the salesperson face

What should the company do if there is a desire to make ethics a part of its core organizational values? What ethical issues would the salesperson face? What are the advantages and disadvantages of the decision the salesperson would make?

  How you helped to meet their holistic care needs

Choose a client suffering from dementia or choose a client that you cared for during your work placement. Describe how you helped to meet their holistic care needs on a typical day

  Spiritual care of individual-community-self and colleagues

What spiritual issues surrounding a disaster can arise for individuals, communities, and health care providers? Explain your answer in the context of a natural or manmade disaster.

  Write about metamorphosis lineage expunge and androgynous

Write about Metamorphosis, Lineage, Expunge, Androgynous, Ovation, Libation, Opulent, Flotilla, Plummet and Seraph.

  Discuss about the correction system

When the crime rate increases, there is also growth in the correction system. If the crime rate grows, the number of prisoners in jail increases.

  Tends to be a higher level of marital satisfaction

There tends to be a higher level of marital satisfaction during the first years of marriage. Reasons that may be a contributing factor to satisfaction might include similarities in a couple's roles, tasks, and experiences.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd