What is an oligopoly? a. an agreement by a formal organization of producers to coordinate prices and production b. a market structure in which a few large firms dominate the market c. a market structure in which two firms have a price war d. a market structure in which a single firm dominates the market?

Your take on decision making process

Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?