In oligopoly industries, when one firm increases its output, price (Click to select) . This increases the profit of the firm if the (Click to select) effect is greater than the (Click to select) effect. Since firms will increase output as long as they believe that individual profits will increase: multiple choice 4 firms will produce the monopoly output. firms will be able to maximize individual profits. firms will produce the perfectly competitive output. firms will produce more output than is optimal for the industry as a whole.

Ashare stock is a small piece of ownership in a company ture or false

Prairie, inc. produces one single product. it has an annual capacity of 10,000 units, but currently uses only 80% of it. each unit is sold for $50 and requires direct material worth $30 and direct labor worth $5. manufacturing overhead cost is $10 per unit of which 70% is variable. should a special order to sell 1,000 units at $44 be accepted? yes no

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.