One characteristic of an oligopoly market structure is:a. the actions of one seller have no impact on the profitability of other sellers.
b. firms in the industry are typically characterized by very diverse product lines.
c. products typically sell at a price that reflects their marginal cost of production.
d. firms in the industry have some degree of market power.

Answers

Answer 1

Answer:
A . firms in the industry have some degree of market power

Answer 2

Answer:

Final answer:

In an oligopoly market structure, a small number of firms have a large degree of market power, and their decisions can significantly impact each other. This is because these few firms control a substantial market share.

Explanation:

The correct answer to the question - one characteristic of an oligopoly market structure is - option d, which states that firms in the industry have some degree of market power. An oligopoly market structure is characterized by a small number of firms controlling a large market share, making them influential in decision-making processes about pricing and other market policies. The actions of one firm can significantly affect others in the market due to the rigid competition amongst the few existing firms.

The offerings of these firms can be homogeneous or differentiated, but the key factor is the market power they hold. It's worth noting that while there's a level of independence, there's also interdependence as the actions of one firm can influence the market behavior.

Learn more about Oligopoly Market Structure here:

brainly.com/question/32421947

#SPJ6

Related Questions

How did government deregulation affect savings and loans banks?a. Government deregulation led to low interest rates. b. Government deregulation allowed savings and loan banks to thrive. c. Government deregulation caused several savings and loans banks to fail. d. Government deregulation led to creation of thousands of new savings and loans banks.
Chandraguptra Mayura succeeded in uniting the Indian subcontinent through
Select the statements that were true of u.s.-french relations.a -france did not become involved at all before saratoga.b-french aid was substantial.c-french involvement changed the nature of the war for the british.
Which of the following statements represents a productivity way to maintain a horizontal relationships
Opportunity cost is the least desirable alternative given up as a result of a decision.

In your opinion, what are the 3 most important factors of profit in business

Answers

Answer:

The three most important factors in profit for your business is demand, viability, and profit margin.

Explanation:

This early 1900s Christian preacher and prohibitionist believed that alcohol was the mother of all sins.a. Billy Sunday
c. Billy Williams
b. Billy Graham
d. Billy Carter

Answers

That was billy sunday

Answer:

billy sunday

Explanation:

You're most likely to pay your county or town taxes in the form of a/an _______ tax.

Answers

You're most likely to pay your county or town taxes in the form of a property tax.

Other kinds of taxes would more directly go to other institutions, such as the federal government. This is true for taxes such as excise tax, income tax and the sales tax (which is collected at the state level)

The city of Philadelphia took on a new appearance after the yellow fever epidemic. _____, the streets were clear of trash and beggars. Which transition word best connects these ideas?

Answers

Answer:

C- suddenly

Explanation:

I just took the test

D.Incidentally is your answer

Being optimistic, expressing your commitment, emotional support and seeking support from family and friends are all examples of: Being nice Being human Communicating competently Positive or constructive behaviors

Answers

Being optimistic, expressing commitment, emotional support and seeking suppor tfrom family and friends are all typical examples of positive or constructive behaviors.

These are things which constitute a human who is able to function normally in society as opposed to someone who cannot do that.

Which of the following is a statement of opinion by President Bush?a. "Our nation needs an immigration system that serves the American economy, and reflects the American Dream. "
b. "Many of you here today are Americans by choice, and you have followed in the path of millions."
c. "14 percent of our nation's civilian workforce is foreign-born."
d. "Many immigrants also start businesses, taking the familiar path from hired labor to ownership."

Answers

Answer:

a. "Our nation needs an immigration system that serves the American economy, and reflects the American Dream. "

Explanation:

Brush was president of the United States from 2001 to 2009, defending the role of immigrants in American society. During a naturalization ceremony he presided over at the presidential center of his name in Dallas, W. Bush stressed the importance of people arriving in the country.

The man who led the "war on terror" with military interventions in Iraq and Afghanistan defended also the adoption of "fair" and "correct" immigration policies. According to him, the United States needs an immigration system that serves the American economy and reflects the American dream. In addition, Bush argued that any reform in this area of immigration must start with "recognizing clear responsibility at the border".

The right answer for the question that is being asked and shown above is that: "a. "Our nation needs an immigration system that serves the American economy, and reflects the American Dream. " This is the statement of opinion by President Bush

Other Questions

To cater to individual differences in his classroom, a teacher should: (a) have uniform and standard ways of teaching and assessment (b) segregate and label children based on their marks (c) engage in a dialogue with students and value their perspectives (d) impose strict rules upon his students

Milk is considered a commodity because it is which of the following?A. bought in many different ways B. an inexpensive product C. the same no matter who sells it D. an agricultural product

One Bank offers a 2% variable rate loan all competitor offers a 3% fixed rate loan over the same period it is likely better to choose the fixed rate loan even though the interest rate is higher because the rate on the 1. is open to fluctuations 2. variable loan appears less active 3. variable loan can increase dramatically 4. variable loan will never increase

In a direct primary, voters areA.voting for a nominee through a delegate. B.working to determine candidates for the nomination process C.voting for a nominee themselves, not through a delegate. D.working to elect their candidate of choice in the general election.