Business, 05.12.2019 03:31 eldiamonte

Swadee's jewelry is one of six hundred makers of ruby rings in thailand. the rings display differences across the companies because each jewelry company has its own designs. swadee is the fourth-largest producer of ruby rings in thailand and sells 15% of the ruby rings in the market. which statement is descriptive of the structure of the ruby ring market in thailand? (a) the market cannot be monopolistic competition or an oligopoly.(b) the ruby ring market is an oligopoly because there are six hundred companies competing against each other.(c) it is a perfectly competitive market since there are six hundred companies that produce a homogeneous product.(d) it has some characteristics of monopolistic competition except that there are a few firms that have significant market share.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 20:20

If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.

Answers: 3

Answer

Business, 21.06.2019 20:30

Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities

Answers: 2

Answer

Business, 22.06.2019 10:30

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45

Answers: 1

Answer

Business, 22.06.2019 17:30

An essential element of being receptive to messages is to have an open mind true or false

Answers: 2

Answer

You know the right answer?

Swadee's jewelry is one of six hundred makers of ruby rings in thailand. the rings display differenc...

Questions