Three separate oligopolists in the same industry serve a city. company a is the dominant firm in the industry and produces a large share of the total output in the industry. companies b and c are rival firms, but they are much smaller than company
a. company a sets its price at a level that maximizes its own profits.according to the theory of price leadership, what will companies b and c likely do?

Answers

Answer 1
For the answer to the question above, I think the answer is that
companies b and c should set their prices that match the price of Company A.

I hope my answer helped you. Have a nice day ahead of you!
Answer 2

Answer:

Companies should follow the leading company prices.

Explanation:

Oligopoly is a market structure in which few companies dominate a given market. In the above case, company a (leader) has greater market power than the other two competitors (b and c). Companies will maximize their interest, as the company has the most market power, others will determine their prices based on leading pricing decisions.


Related Questions

I have a Brainliest please help

Answers

First one is time utility

​sam, the owner of a small​ company, learned that a competitor was planning to spend​ $150,000 on promotion in the next financial year. as soon as he learned​ this, sam called his finance manager and​ said, "i want to spend​ $150,000 on promotion next​ year." in this​ case, which method of promotional budgeting does sam​ use

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the competitive-parity method

An effective team consists of people who tend to think alike so that they can quickly progress to their target. True False

Answers

The answer to your question is yes, TRUE.

When tina stepped up to serve as the organizer for the sustainability committee's organizational meetings, she decided to get the group organized by having anyone who was interested join her for an open forum where they could help define the group's mission, identify problems, and brainstorm some actions they could take to help their campus go green. what leadership style was tina using?

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She is using participative leadership. Participative leadership is a method of leadership that involves all team members identifying important goals as well as developing strategies and procedures. Participative leadership can be perceived as a leadership style that rely primarily on functioning as facilitator that the one who simply issues commands or orders or making assignment for each member of the team.  

Gabrielle daily borrows $1,000 at a 6 percent add-on rate for one year.what is the finance charge?answers

Answers

P - principle of the loan
FC - finance change or total interest 
N - number of months the loan is force

FC = ($1,000 x .06 x 1) 
FC = $60

Finance charge is $60.

Final answer:

Gabrielle's finance charge for borrowing $1,000 at a 6% add-on rate for one year is $60, calculated by multiplying the principal by the interest rate and the time period.

Explanation:

The question concerns calculating the finance charge on a loan with an add-on interest rate. In this scenario, Gabrielle borrows $1,000 at a 6 percent add-on rate for one year. To determine the finance charge, we multiply the amount borrowed by the the interest rate and the time period in years.

The calculation would be: Finance Charge = Principal × Interest Rate × Time

Thus, Finance Charge = $1,000 × 6% × 1

When converted to decimals, the interest rate of 6% becomes 0.06. So, Finance Charge = $1,000 × 0.06 × 1

Finance Charge = $60

Therefore, Gabrielle's finance charge for borrowing $1,000 at a 6% add-on rate for one year would be $60.

Hollis industries produces flash drives for computers, which it sells for $20 each. each flash drive costs $13 of variable costs to make. during april, 1000 drives were sold. fixed costs for march were $2 per unit for a total of $1000 for the month. how much is the contribution margin ratio?

Answers

Given:
Price = $20
Variable Cost = $13
Total number of items sold = 1000

Find: Contribution Margin Ratio

The formula for Contribution Margin Ration is:
(Sales - Variable Expenses)/Sales

Revenue = 20000
Variable Expenses = 13000
Contribution Margin = 7000

(20000-13000)/20000 = 0.35

Hollis Industries Contribution Margin Ratio is 35%
Final answer:

The contribution margin ratio for Hollis Industries is calculated by subtracting the variable cost of making each flash drive from the sales price and then dividing the result by the sales price. It amounts to 35% for Hollis Industries.

Explanation:

The question asks how to calculate the contribution margin ratio for Hollis Industries, which sells flash drives. The contribution margin ratio is calculated by subtracting the variable cost per unit from the sales price per unit and then dividing that number by the sales price per unit.

The sales price per flash drive is $20, and the variable cost per unit is $13. Therefore, the contribution margin per unit is $20 - $13 = $7. To calculate the contribution margin ratio, you divide the contribution margin per unit by the sales price per unit, which would be $7 / $20 = 0.35 or 35%.

Note that the fixed costs mentioned in the question are not used in calculating the contribution margin ratio. Fixed costs are relevant for other analyses, such as determining break-even points or net profit, but not for the ratio itself.

When evaluating ms. hanks' creditworthiness, can herman take into account that ms. hanks lives in bastrop valley, and generally people there are a credit risk?

Answers

It depends. You can not discriminate against race, martial status, national origin, and age. Though where someone lives is not in a protected category for discrimination, someone could still sue if they feel they are being discriminated against based on where they live. A credit decision should be solely focused on their creditworthiness not their background. 

Which of the following federal agencies prohibited advertisers from broadcasting commercials at a higher volume than the televised program during which they appear?

Answers

Which of the following federal agencies prohibited advertisers from broadcasting commercials at a higher volume than the televised program during which they appear?its A
Rule prohibits high-volume TV commercials; Limits come in response to viewer complaints; Broadcast technical standards will level the volume. Television commercials that are a lot louder than the program will be prohibited under rules adopted Tuesday by the Federal Communications Commission.

Erp is software designed for _____ and ______ business processes.

Answers

Small and medium business processes.

ERP is software designed for integrating and optimizing business processes.

ERP, or Enterprise Resource Planning, is software designed for integrating and optimizing business processes across various departments within an organization. It enables seamless communication and data flow between different functions such as finance, human resources, supply chain, and manufacturing. By providing a unified system, ERP enhances efficiency, reduces redundancies, and ensures that all departments have access to real-time information. This integration facilitates better decision-making, improves overall productivity, and streamlines operations. Additionally, ERP systems can be customized to meet the specific needs of different industries, making them versatile tools for both large enterprises and small to medium-sized businesses.

In middle-income nations, average personal income is in the range of ________ $250 and $1,000. $1,000 and $3,500. $3,500 and $15,000. $15,000 and $25,000.

Answers

In middle-income nations, average personal income is in the range of  $3,500 and $15,000. As of 2017, the gross national income for middle-income countries was $1,005 - $12,235 and the average person income following in-between. The World Bank uses these numbers to show how economically sound or in debt different countries are. 

The ____ is responsible for managing all communications among the cm team, management, employees, and the public, including the media and local and state governments.

Answers

The communications manager manages all communications within an organization, including those with media, employees, and governments. They maintain consistency, oversee message strategy, and ensure that all public messaging adheres to company policies. Significant roles include the White House's Office of Communications and private-sector equivalents.

The communications manager is responsible for managing all communications among the crisis management (cm) team, management, employees, and the public, including the media and local and state governments. This role involves overseeing the creation and distribution of messages through various channels, ensuring consistency and adherence to the organization's policies and brand image. The communications manager acts as a liaison between different stakeholders and manages media relations, internal communications, and any other public messaging to maintain the organization's reputation and convey information effectively.

In governmental organizations such as the White House, the Office of Communications is dedicated to long-term planning of communication strategies. This unit is typically headed by the director of communications, who oversees messaging and media relations, maintaining a consistent and strategic approach to the President's message. Similarly, in the private sector, positions like a corporation's chief communications officer undertake the task of approving communications plans before they are presented to top-level executives such as the CEO.

A truck costs​ $303,000 and is expected to be driven​ 115,000 miles during its five minus −year life. residual value is expected to be zero. if the truck is driven​ 29,000 miles during the first​ year, how much depreciation should the business record under the units minus −of minus −production ​method? (round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)

Answers

100,000 depreciation for the first year

A process cost system would most likely be used by a company that makes select one:
a. motion pictures.
b. repairs to automobiles.
c. breakfast cereal.
d. college graduation announcements.

Answers

A process cost system would most likely be used by a company that makes breakfast cerealA process cost system is used in accounting as a method to collect and assign manufacturing costs for each unit produced. Since cereal is a pretty straight forward manufacturing process this system makes sense due to mass production of similar units being produced. 

In the spring, james likes to spend afternoons at the park. what is his opportunity cost of him doing this? no opportunity cost since he is doing an activity he enjoys the opportunity cost is the value of the next best alternative of his time - how he would spend his afternoons if he wasn't at the park the opportunity cost is the value of the sum of all other things he could do instead of going to the park

Answers

In the Spring, James likes to spend afternoons at the park. What is his opportunity cost of him doing this? The opportunity cost of James spending the afternoon at the park is what he is giving up his time by doing since he could be doing something else. When you have opportunity cost, you are giving up one thing an opportunity, in exchange for doing something else.  

Answer:

The correct answer is A, No opportunity cost since he is doing an activity he enjoys.

Explanation:

In springs, James like to spend his afternoons in the park. This is his routine and he goes to the park in his spare time to get some enjoyment and relaxation. So he is not leaving anything behind in order to get this relaxing time. Since this is his spare time, there is no opportunity cost involved in his this activity. Rather he is enjoying this time and getting relaxed.

Ross Bergen is considering a certain corner location for his sandwich shop. If he surveys people passing the corner at lunchtime, which of the following questions will give him the most useful information? A. Do you prefer turkey or ham on your sandwiches? B. Do you often walk by this corner? C. Wouldn't you prefer a fresh sandwich to fast food? D. Would you be interested in a new place to eat lunch?

Answers

C. To see if most people are interested to even try and new place to eat for lunch

The quantity of u.s. dollars demanded in the currency market depends in part on:

Answers

The quantity of U.S. dollars demanded in the currency market depends in part on transfer payments from foreign individuals, firms or governments to the U.S. Transfer payments is when money is given or income is received when no goods or services are being paid for. Because money is being given but nothing is being paid for, they are considered payments and potential income. 

When employees confront information​ overload, they may resort to​ ________.
a. deleting old emails
b. filtering
c. delegating
d. mentally shutting down?

Answers

When employees confront information​ overload, they may resort to​ mentally shutting down. Mentally shutting down refers to someone having to stop thinking and give their brain a rest from all of the information they just received. When too much information is given at a fast, nonstop pace, it's hard to stay focused because the information is going all over.

In a company's SWOT analysis, which of the following is an example of a threat? A. The company makes a low quality product. B. The company's employees have bad morale. C. There are many competitors in the market. D. The market is not very saturated. Please select the best answer from the choices provided A B C D

Answers

In a company's SWOT analysis, if there are many competitors in the market, that can be an example of a threat. 

The correct option is C. There are many competitors in the market.

The following information should be considered:

In the case of SWOT analysis of the company when there are various competitors in the market so it should be the threat example.Other examples are not considered as an threat.

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What can happen to a business owner who has personal liability for their company?

Answers

They are completely responsible for any accidents or losses

The organizational unit that is responsible for the sale and distribution of goods and services is the

Answers

The organizational unit that is responsible for the sale and distribution of goods and services is the sales organization.

This is because they are selling the product or service.

An economic expansion leads to​ ________ needsminustested spending and​ ________ induced taxes.

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An economic expansion leads to lower needs-tested spending and higher induced taxes. The spending on programs that returns advantage or benefits to people and business that are qualified is known as needs-tested spending. When the economy expanded the unemployment rate decreases so as the need-tested spending.

A trial balance can be incorrect even when the total balance true/false

Answers

True. 

There can still be errors in the numbers themselves even if it does balance out. An incorrect account can be debited or credited even if it does balance.

8. Bottle-propping should be avoided because A. it prevents bonding between baby and caregiver. B. some babies don't like it. C. it can cause indigestion. D. it can lead to obesity.

Answers

A. it prevents bonding between baby and caregiver.

Which statement applies to the commodities exchange

Answers

Explanation:

Commodities Exchange is a Market, either physical or virtual, where different commodities are being traded with different volumes. Most commonly traded commodities which are traded physically are agricultural commodities, which may include Rice, Wheat, Corns, nuts, seeds, etc. Most commonly traded commodities, which are traded virtually through a system or software with the help of internet, may include Oil, Gold, Stocks, Silver, other precious metals, Soy, etc.

A large number of buyers and sellers are present in commodities exchange market. People buy and sell different commodities, derivatives, stocks, options, futures, spots etc.

Answer:dear God, i think the answer might be it has a set of regulations that must be followed

Explanation:

Jane is 22 years old. for her job, she needs to take an intelligence test. which would be the most appropriate test for her age group? (1 point)

Answers

The most appropriate intelligence test would be the WAIS IV test. This test is used for anyone between the age of 16 and 90 years old. It is frequently used to test adults and older adolescents. This intelligence test can be used for many different purposes (anything from job qualifications to treating psychological disorders).

When you go on a hunting trip you should leave a hunting plan with someone you trust what infromation should the plan include?

Answers

The hunting plan can conclude where you are going hunting and the numbers to call if you are in danger

In a hunting trip you should leave a hunting plan with someone a person are the trust there was the need to the information are the required to place, people, and the tools was the used to the hunting.

What is hunting?

The term hunting refers to the killing of the wild animals and the birds. Hunting as the profession of the hunter. Hunting as they killed the animals as sale the skin of the countries as the making the products. The hunting is to balance the ecosystem.

The hunting are the shots to as the accurate range. The hunting is the profession of the hunter. A person was the go to the hunting place are the need to the information are how many people to the go for the hunting place and what are the tools are the requirement on this place. It was the basic information to require.

As a result, the basic information was the required.

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A(n) ________ veto allows the governor to cross out budget lines in the legislature-approved budget, while signing the remainder of the budget into law.

Answers

A vote with a 2/3 majority is required to veto the government. The line-item veto allows governors to veto a line or certain clauses in a measure while allowing the rest of the bill to become law.

Line-item vetoes, also known as partial vetoes, are the ability of an executive branch member to veto certain elements of a bill, typically a budget appropriations bill, without blocking the entire legislative package.

Elazar argues that a traditionalistic political culture views the government as essential to preserving the current social order, or the status quo, given the significance of slavery in its construction.

A complete law passed by the legislature is subject to the governor's veto power under every state constitution. several constitutions broadenthe executive's veto authority by allowing veto mechanisms that allow specific provisions of a measure to be rejected or amended.

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In a speech delivered at the grocery manufacturers association conference, michelle obama made this claim: "and we need you not just to tweak around the edges, but to entirely rethink the products that you're offering, the information that you provide about these products, and how you market those products to our children. that starts with revamping or ramping up your efforts to reformulate your products, particularly those aimed at kids, so that they have less fat, salt, and sugar, and more of the nutrients that our kids need." which of these statements shows an acknowledgement of a counterclaim to her position?

Answers

The answer to that question is the third option which states, "And I understand that this is easier said than done. This doesn't happen overnight. We all know that human beings—I, for one, know—are hard-wired to crave sugary, fatty, salty foods. And it is tempting to take advantage of that—to create products that are sweeter, richer, and saltier than ever before."

These statements shows an acknowledgement of a counterclaim to the position of Michelle Obama is her attempt to encourage the producers on capitalizing their policy on such unhealthy food products which are richer, sweeter, and saltier than ever.

What are unhealthy food products?

The term "junk food" is used to characterize unhealthy foods products that are high in calories from sugar and/or fat, as well as sodium, but low in protein, dietary fiber, vitamins, and other essential nutrients.

In short foods with a high calorie count but no nutritional value. Some of the examples are burger, pizza, hot dog, doughnut fast foods, chocolate and sweets, sugary drinks etc.

Therefore the core intention of Michelle Obama behind these statement to encourage & promote healthy food items production for the kids by  the food processing industry giants which has more nutrient value.

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Who sells the best pasteles online thats trust worthy and good reputation?

Answers

It would be Pasteles y Algo Mas

Why does the government provide public goods and services, redistribute income, protect property rights, and resolve market failures in market economic systems?

Answers

Public Goods and Services are goods and services that cannot be easily restricted to those that pay for them. Income redistribution is distribution wealth and income to over half the nations income in wages. Property rights are legal ownership rights to protect property from the government. Market failures are private police or military that imperfect information in the market. 
Final answer:

The government provides public goods, protects property rights, redistributes income, and corrects market failures to ensure that essential services are available to all and to maintain a fair and secure economy. It balances the market's strengths and weaknesses with government action, recognizing both the necessity and imperfection of intervention.

Explanation:

The government provides public goods and services, redistributes income, protects property rights, and resolves market failures in market economic systems for various reasons. Firstly, the free market does not always supply certain goods and services such as roads, national security, and education, which are essential for a functioning society; thus, the government steps in to provide these as public goods. Moreover, the government aims to create equity and security in the economy through redistribution of income, to ensure that even those in poverty have access to essential services and to mitigate the wealth gap.

Secondly, the government secures property rights which are fundamental to economic transactions and investments. Ensuring that individuals can claim ownership over their assets enables a more efficient and predictable market. Additionally, the government intervenes in cases of market failures, such as monopolies and negative externalities, by regulating industries and implementing policies to correct inefficiencies and protect the public interest.

It's acknowledged by economists that while government intervention is necessary for addressing market problems, such intervention is also imperfect and may not always align with majority preferences. Thus, an informed balance needs to be struck, recognizing both the abilities and limitations of markets and government in creating public policy. This understanding is crucial to managing a market economy effectively, without exclusively idealizing or demonizing one over the other.

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