how can oligopoly cause market failure​

Answers

Answer 1

Answer: See explanation

Explanation:

Oligopoly is a market structure whereby there are few firms that dominate the market. These firms are typically interdependent regarding their output and pricing as they possess some market power.

On the other hand, market failure is when there's an inefficient distribution of the goods and services that are in the market. Some of the causes for market failure include:

• Exernalities

• Underprovision of merit goods.

• Abuse of market power

• Lack of public goods

• Overprovision of demerit goods.

Oligopoly can cause market failure due to the instability, and inefficiency in the market. There's a barrier to entry and the prices offered are typically above cost. The output and price offered by the firms are quite different from what the society wants and there's also misinformation from misleading advertisement which could lead to consumers purchasing products which aren't really needed. These creates market failure.


Related Questions

I told him about Ruby-how she lives by herself and sews to keep busy, how she charges only six dollars to make a dress because the people she sews for don't have a lot of money, how a lot of times she doesn't charge a dime, how sewing is her ministry. The word ministry is connected to

Answers

The question is incomplete and the full version can be found online.

Answer: Ruby’s purpose in life

Explanation:

The idea that sewing is Ruby´s ministry refers to her purpose in life because that word applies to a calling some people feel to follow a certain path to achieve a specific purpose in life, most likely connected to religious beliefs.

It doesn´t mean that Ruby acts this way because it´s what´s expected of her. Furthermore, saying that Ruby chooses to treat her customers fairly would be incorrect, because her not even charging them is beyond fair treatment. And saying that Ruby’s actions are led by a desire to share her profits would be incorrect, because she wants to help others by not charging for her service, not by giving them money.

Answer: I believe the word “ministry” in the article is connected to the purpose of Ruby’s life

Explanation:

I didn’t have time to explain :[ Tho, I hope you understand why this is correct :]

Harley wants to start a company. He dreams of starting his business in a market that is free from government control. Harley wants to open his business in a(n):

Group of answer choices

Socialist System

Free Market

Monarchy

Authoritarian System

Answers

the answer is: free market

Harley wants to start a company. He dreams of starting his business in a market that is free from government control. Harley wants to open his business in Free Market. Thus, option (c) is correct.

What is market?

The term “market” refers to the participation of buyer and seller in the exchange of products and services using money value. Perfect competition, oligopoly, monopolistic competition, and monopoly are all forms of marketplaces.

The word “free market” refers to no government intervention or limits. The free market is often known as an unregulated system. A free market is a place where consenting buyers and sellers exchange goods.

The free market is adaptable for both buyers and sellers as they engage with their preferences. Customers' choices are used to produce products and give services.

Therefore, option (c) is correct.

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a country that has multinational corporations is most likely to be a what

Answers

A developed country. The main ones are USA, Japan, Western Europe, China... all of them are developed countries.

Answer:A) a developed economy

Explanation:

100% on edge

development of society means tansformation of society justify​

Answers

Answer:

Development of society means the transformation of society" which is absolutely correct, as because in order to make something better.Social development is about improving the well-being of every individual in society so they can reach their full potential. The success of society is linked to the well-being of each and every citizen. Social development means investing in people. Their families will also do well and the whole of society will benefit.Development is the result of society's capacity to organize resources to meet challenges and opportunities. Society passes through well-defined stages in the course of its development. They are nomadic hunting and gathering, rural agrarian, urban, commercial, industrial, and post-industrial societies.

Explanation:

It will help you get 6 out of 7 full marks in social studies for those students under 10 class!

Assume that your firm wants to choose between two project options:
Project A: Br. 500,000 invested today will yield an expected income stream of Br150, 000 per year for 5 years, starting in Year 1.
Project B: an initial investment of Br 400,000 is expected to produce this revenue stream: Year 1 = 0, Year 2 = Br 50,000, Year 3 = Br 200,000, Year 4 = Br300, 000, and Year 5 = Br200, 000. Assume that a required rate of return for your company is 10% and that inflation is expected to remain steady at 3% for the life of the project. Which is the better investment? Why?

Answers

Answer:

Project B should be the better investment

Explanation:

The computation is shown below;

Project A Cash Flow      Discount Factor      New Inflows

(Present Value)

Year

0                ($500,000)             1.000                      ($500,000)

1                 $150,000                0.885                     $132,743

2                $150,000                 0.783                   $117,472

3                 $150,000                0.693                    $103,958

4                 $150,000                0.613                    $91,998

5                 $150,000               0.543                     $81,414

NPV Total                                                                $27,585

Project B Cash Flow Discount Factor New Inflows

(Present Value)

Year

0                     ($400,000)       1.000                        ($400,000)

1                         $0                   0.885                        $0

2                      $50,000           0.783                       $39,157

3                      $200,000         0.693                       $138,610

4                      $300,000          0.613                        $183,996

5                      $200,000         0.543                           $108,552

NPV total                                                                   $70,315

Based on the above calculations, the project B contains high net present value as compared with the project A so Project B should be the better investment

A radio signal carrying Morse code on a continuous wave that is switched on and off is more reliable than a radio signal that uses modulation to convey information. This is because it takes more power for a modulated radio wave to reach its destination than it does for a continuous wave to reach its destination. Above passage is an:_________

Answers

Answer:

Explanation

Explanation:

The Above passage is an Explanation ( a very detailed explanation to why a radio signal carrying Morse code on a continuous wave should be used in conveying information instead of the use of a Modulated radio signal ).

Also This is because the passage sheds light on some uncommon knowledge hence we will categorize it as an explanation.

In what ways does our environment (place, people, society, culture) affect who we are and who we become?

Answers

Hope some of these helps if not im sorry

At first, particular cultures develop because of the physical landscape. Over time, those cultures exert their own influence on the landscape around them. Experts point to the impact of certain physical features, such as landforms, climates, and natural vegetation.

The environment can influence peoples' behavior and motivation to act. The environment can influence mood. For example, the results of several research studies reveal that rooms with bright light, both natural and artificial, can improve health outcomes such as depression, agitation, and sleep.

Our culture shapes the way we work and play, and it makes a difference in how we view ourselves and others. It affects our values—what we consider right and wrong. This is how the society we live in influences our choices. But our choices can also influence others and ultimately help shape our society

Before the 1800s, most American artists studied art in...
South America
Asia
Africa
Europe

Answers

Answer:

I think Europe was most Americans artist studied

Why are there 52 genders? (school related)

Answers

Answer:

There are 52 genders because it shows that there cant only be 2 gender like boy and girl and same sex marrige

Explanation:

Answer: their are 52 genders because people want there to be 52 genders

Explanation: it is part of the lgbtq+ and there are multiple because people want to change there gender

Which adult is genuinely socializing prosocial behavior?
Group of answer choices

"Maisie's father says, Because you teased your little brother, you are grounded. "

"Paolo's teacher says, You are a bad boy for acting mean in class! "

"Olive's aunt says, I'll pay you if you are nice to your cousin today. "

"Niall's mother says, You are such a kind person to shovel the snow off Mrs. O'Connell's driveway! "

Answers

Answer:

maisie's father says , because you teased your little brother , you are grounded

Adult is genuinely socializing prosocial behavior as "Niall's mother says, You are such a kind person to shovel the snow off Mrs. O'Connell's driveway!"

What is socializing?

Socializing is the process of incarnate the rules and ideologies of society. Socializing encompasses both learning and teaching and is thus "the means by which social and cultural continuity are attained. It may lead to desirable outcomes sometimes mentioned 'moral'. It provides only a partial explanation for human beliefs and behaviors, maintaining that agents are not blank slates predetermined by their environment, scientific research offers evidence that people are handled by both social influences and genes.

What is prosocial behavior?

Prosocial behavior is also known as intent to benefit others, is a social behavior that "benefits other people or society as a whole", "such as helping, sharing, donating, co-operating, and volunteering". Obeying and understanding  the rules and conforming to socially accepted behaviors are also regarded as prosocial behaviors

What is person?

A person is the gentle of entity that has the moral right to make its own lives choices, to live its life without disturbance from others

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who is not in the field education​

Answers

Explanation:

It's full question? Can you upload image?

What was one of China's major achievements during the postclassical era?

A. Developing gunpowder weapons
B. Founding the religion of Zen Buddhism
C. Creating the first metal coins
D. Setting up the first Chinese dynasty

Answers

Answer:

Developing Gun-powder weapons

Explanation:

What is your attitude towards teaching young children? Please help me

Answers

Young childrens are good at grabbing things from their surroundings and environment. If you'll put them with a group of abusive people somehow they'll also start abusing in very little age, But if you will put them in a good environment with good people so they'll also get modified like them.

According to my thinking,young chidren should be taught to behave in a proper way.Because behaving in a proper way helps them in their life later.

Is this the type of answer you'd been searching for?

If yes please mark me the brainliest:)

Answer the following questions

1. Which three countries are northeast of China ?
a) Japan, North Korea, South Korea
b) Taiwan, Philipines, Vietnam
c) Russia, Mongolia, Japan

2. Grand canal connects to the Zhejiang province in the south.
a) True
b) False

3. Essential characteristics of a civilized person to have good character and consideration for others is called_____________________.
a) Humaneness and virtue
b) Analects
c) Attitude
d) Cruelty

4. Which dynasty extended the Grand Canal to Beijing ?
a) Qin dynasty
b) Ming dynasty
c) Zohou dynasty
d) Shang dynasty

5. China's longest river which is connected to Grand Canal and yellow in color.
a) Huang
b) the Yangtze
c) the Mekong
d) Lancang

6. The city which is connected to the artificial river of the world.
a) Honkong
b) Hangzhou
c) Shenyang
d) Kunming

Note :- please answer all the questions given above... please don't tell "I don't know" because I need these answers to pass my examination, now I am in the exam hall. please give the answers as fast as you can.... please

Answers

Answer:

1. A

2. TRUE

3. A

Explanation:

These are the only ones I know!

Describe two ways how social media platforms are abused

Answers

Explanation:

Phishing is one of the most prevalent problem with the use of social media where users are shown attractive thumbnails where if they click they are taken to a false login site where if they login with their credentials are stolenSharing of false news and false media create misunderstanding among people.
Rumors about people like celebrity’s, and cyber bullying!

What would a student most likely use if he or she wanted to consult a
secondary source?

Answers

They would most likely check an encyclopedia, handbooks, or documents.

what are the purpose of community forestry?,​

Answers

Answer:

Hutan Kemasyarakatan bertujuan untuk meningkatkan kesejahteraan masyarakat setempat melalui pemanfaatan sumber daya hutan yang optimal, adil dan berkelanjutan dengan tetap menjaga kelestarian fungsi hutan dan lingkungan hidup.

Explanation:

Community forestry is to maintain healthy forests while serving local livelihood needs. The objectives of community forestry can vary: forest protection, household use, or commercial production. Multiple objectives often coexist because of the diverse needs of communities.

Consider the following arguments from analogy. According our rules for appraising analogical reasoning, if a subsequent consideration strengthens the argument, answer a. Answer b if a consideration weakens the argument. Answer c if a consideration does not affect the argument.

Bill has taken three history courses and found them very stimulating and valuable. So he signs up for another one, confidently expecting that it too will be worthwhile

1. Suppose that his previous history courses were in ancient history, modern European history, and American history
2. Suppose that his previous history courses had all been taught by the same professor that is scheduled to teach the present one..
3. Suppose that his previous history courses all had been taught by Professor Smith and the present one is taught by Professor Jones.
4. Suppose that Bill had found his three previous history courses to be the most exciting intellectual experiences of his life.
5. Suppose that his previous history courses had all met on Taco Tuesday, and the present one is scheduled to meet on Taco Tuesday, also.
6. Suppose that, in addition to the three history courses previously taken, Bill also had taken and enjoyed courses in anthropology, economics, political science, and sociology

Answers

Ngsšhń jvfdkñ gexksnsbsjsjebb vécgê

Assume that your firm wants to choose between two project options:
Project A: Br. 500,000 invested today will yield an expected income stream of Br150, 000 per year for 5 years, starting in Year 1.
Project B: an initial investment of Br 400,000 is expected to produce this revenue stream: Year 1 = 0, Year 2 = Br 50,000, Year 3 = Br 200,000, Year 4 = Br300, 000, and Year 5 = Br200, 000. Assume that a required rate of return for your company is 10% and that inflation is expected to remain steady at 3% for the life of the project. Which is the better investment? Why?

Answers

Answer: Project B should be chosen as it has a higher NPV of $70,314.97

Explanation:

You need to find the Net Present Value of both projects. The better investment is the one with a higher Net Present Value.

As there will be inflation, this needs to be included in the required return:

= 10% + 3%

= 13%

This will be the rate for discounting.

Project A:

Net Present Value = Present value of cash inflows - Cash invested

Present value of cash inflows:

This is a constant inflow so is an annuity. Present value will be:

= Amount * Present value interest factor of annuity, 5 years, 13%

= 150,000 * 3.5172

= $527,580

Net Present value = 527,580 - 500,000

= $27,580

Project B:

Net Present Value = Present value of cash inflows - Cash invested

= 50,000 / (1 + 13%)² + 200,000 / 1.13³ + 300,000 / 1.13⁴ + 200,000 / 1.13⁵ - 400,000

= 470,314.97 - 400,000

= $70,314.97

Project B should be chosen as it has higher NPV.

Which of the following has been the most important effect of the amendments added to the U.S. Constitution since the Civil War?

More people volunteer for military service.

More people are involved in the political process.

More people immigrate to the United States each year.

More people are eligible to run for president. in the political process. This answer is correct, trust me.

The correct answer is B, More people

Answers

Answer: More people are involved in the political process.

Explanation:

The Amendments to the U.S. Constitution since the Civil War have helped endure that more people are able to vote in U.S. elections which has increased the number of people involved in the political process.

Thanks to those Amendments, African Americans received the rights to vote and then women also received the rights to vote. A further Amendment during the Vietnam war also saw the voting age going from 21 to 18 thereby increasing the number of people who could vote.

The ideas of Marx and Weber

Answers

Max Weber is famous for his thesis that the “Protestant ethic” (the supposedly Protestant values of hard work, thrift, efficiency, and orderliness) contributed to the economic success of Protestant groups in the early stages of European capitalism.

Do you think the Kansas-Nebraska Act made the conflict between the North and the South better or worse? Provide one piece of evidence to support your claim.

Answers

Answer:

Those from the North generally opposed slavery in Kansas. Election fraud, intimidation, and some violence resulted, when the two sides began to contest the territory. ... The turmoil in Kansas contributed to the growing tension between the North and the South, which eventually led to the outbreak of the Civil War.

Explanation:

i hope you like it! :)

Answer:

Made it worse.

Explanation:

I'm going to use the word polarized, because it deepened their antagonism each state felt towards the other.

It could not help but do so. Slavery was a very touchy issue. You either needed it, or you needed   to see it abolished. There really was no place to compromise the issue. So it made things much worse and the compromise they did enact only moved the conflict one border away.

list of hazard in home​

Answers

i really agree with your statement

đối tượng của tố cáo là gì

Answers

Answer:

i dont speek spanish

Explanation:

Đối tượng nghiên cứu hành vi tổ chức là ai

Answers

Answer:

what did you say??????????????

two negative effects of globalization and Discuss each effect in trends, network and critical thinking in the 21st century?​

Answers

Answer:

Globalization also have its side effects to the developed nations. These include some factors which are jobs insecurity, fluctuation in prices, terrorism, fluctuation in currency, capital flows and so on.

Explanation:

Joshua is interested in running a half-marathon and seeks help from a personal trainer. During the first week of training, Joshua is asked to walk 5 miles every day. The following week, the trainer instructs him to walk a mile and then run a mile until he completes 5 miles. Each week, the training regimen gets harder. By the end of the month, Joshua is running 5 miles without stopping. By the end of the second month, Joshua is running the distance of a half-marathon (approx. 13 miles). After each training session, the trainer meets with Joshua to give him reinforcing feedback and to motivate him to continue training. This situation is an example of:

Answers

Answer:

A variable-ratio schedule

Explanation:

The case shown in the question above can be considered an example of a variable-ratio schedule, which is a type of reinforcement scheme in operant conditioning, where a response is observed in the elaboration of an unpredictable number of responses stimulated through repetitive training, or that is, this type of reinforcement scheme encourages the performance of a specific and desired behavior, through various "trainings" with variable responses, until the desired behavior is achieved.

In the case above, the desired behavior was Joshua's ability to run the equivalent of a half marathon. This behavior was stimulated with several trainings that allowed Joshua to run different amounts of kilometers, until he could run the desired amount.

what are the powers of the police during a protest?​

Answers

Answer:

When the police don't issue a condition, officers may still monitor a protest. They can always exercise their power to arrest those who they suspect

Answer:

lolaguun is correct his definition breakdown was good use his answer

Read the excerpt from Gary Soto’s short story "Like Mexicans.”

My grandmother gave me bad advice and good advice when I was in my early teens. For the bad advice, she said that I should become a barber because they made good money and listened to the radio all day. “Honey, they don’t work como burros,” she would say every time I visited her. She made the sound of donkeys braying. “Like that, honey!” For the good advice, she said that I should marry a Mexican girl. “No Okies, hijo”—she would say— “Look, my son. He marry one and they fight every day about I don’t know what and I don’t know what.” For her, everyone who wasn’t Mexican, black, or Asian were Okies. The French were Okies, the Italians in suits were Okies. . . . she lectured me on the virtues of the Mexican girl.

The complex narrative structure used in the excerpt is an example of
a]unconventional text features.
b]several narrators being used.
c]establishing a work of fiction that is based on nonfiction.
d]the chronological order of events being manipulated.

Answers

Answer:

several narrators being used

Explanation:

took the unit test and got 100%

Which of these is a guarantee in the First Amendment?
A. States have the power to regulate public education.
B. People can choose whether and how to participate in religious services.
C. Persons accused of a crime are presumed innocent until proven guilty.
D. Citizens have the right to be judged by a jury of their peers.

Answers

B people can choose to be religious
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