An oligopoly is a market dominated by
O a very small number of firms
O none of these answers is correct
O many firms
O many firms selling differentiated goods
O one firm

Answers

Answer 1

An oligopoly is a market dominated by a very small number of firms. So, the first option is correct.

Unlike a perfectly competitive market with numerous firms or a monopoly with a single firm, an oligopoly consists of a limited number of dominant firms that hold a significant market share.

These firms have the ability to influence market outcomes due to their size and market power.

The distinguishing characteristic of an oligopoly is the interdependence among the firms. Each firm's actions and decisions directly impact the behavior and performance of the other firms in the market.

This interdependence leads to strategic interactions, such as pricing decisions, output levels, and marketing strategies, as firms take into account the anticipated responses of their competitors.

In many oligopolistic markets, the firms often sell differentiated goods, meaning they offer products that have unique features or attributes, leading to brand differentiation.

This differentiation allows firms to capture a specific segment of the market and create a degree of product loyalty among consumers.

Oligopolies can arise due to various factors, such as high barriers to entry, economies of scale, and strategic advantages gained through mergers and acquisitions.

The presence of a small number of dominant firms in an oligopoly can result in limited competition and the potential for collusion, leading to the exercise of market power and influencing prices and output levels in the market.

Overall, an oligopoly is characterized by a market structure dominated by a few powerful firms that exhibit interdependence and strategic behavior in their decision-making processes.

So, the first option is correct.

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Related Questions

What is one benefit of continuing your education after high school?

A. The ability to earn money immediately

B. Postponing responsibility for your actions

C. Increased earnings over the course of your career

D. There is no benefit to continuing your education.​

Answers

Answer:

C

Explanation:

The most relevant one because university is the place to produce expert in many fields. Thus this will increase your earnings within your course of career.

Answer:

c

Explanation:

3.) A special cereal mixture contains rice, wheat and corn in the ratio of
2:3:5. If a bag of the mixture contains 3 pounds of rice, how much corn
does it contain?​

Answers

Answer:

7.5

Explanation:

Let R = rice.

Let W = wheat.

Let C = corn.

Let X = special cereal mixture

Given the following data;

Ratio of rice, wheat and corn = 2:3:5

Total quantity of rice = 3 pounds.

Ratio = 2 + 3 + 5 = 10

For rice;

2/10 * X = 3

Cross multiplying, we have;

2X = 30

X = 30/2 = 15

Therefore, the total quantity of the special cereal mixture is 15 pounds.

To find the total amount of corn;

C = 5/10 * 15

C = 75/10

C = 7.5 pounds.

Hence, the special cereal mixture contains 7.5 pounds of corn.

To find the total amount of wheat;

W = 3/10 * 15

W = 45/10

W = 4.5 pounds.

Check;

Special cereal mixture = rice + wheat + corn.

Special cereal mixture = 3 + 4.5 + 7.5

Special cereal mixture = 15 pounds.

Answer:

7.5 pounds of corn.

Explanation:

Rice=2x -> 3 pounds

Wheat=3x

Corn=5x

2x=3

x=1.5

5*1.5

=7.5

west company borrowed $10,000 on september 1, year 1 from the valley bank. west agreed to pay interest annually at the rate of 6% per year. the note issued by west carried an 18-month term. based on this information the amount of interest expense appearing on west's year 1 income statement would be:

Answers

The interest expense for Year 1 is $600.

Calculate interest expenses

The amount of interest expense appearing on West Company's Year 1 income statement would be $600. This is calculated as follows:

West Company borrowed $10,000 on September 1, Year 1 from the Valley Bank at an interest rate of 6% per year with an 18-month term.

Interest expense is calculated by multiplying the principal ($10,000) by the interest rate (6%) by the length of the loan (1.5 years, or 18 months divided by 12 months).

Thus, the interest expense for Year 1 is: 

$10,000 x 6% x 1.5 = $600

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if a firm is using a factor of production from a perfectly competitive market such that mfc > mrp, then profit: is maximized. can be increased by using less of the factor. can be increased by using more of the factor. can be increased by decreasing the factor price.

Answers

If a firm is using a factor of production from a perfectly competitive market such that MFC > MRP, then profit  can be increased by using less of the factor.

In economics, especially general equilibrium theory, the perfect market, also called an atomistic market, is defined by several idealized conditions collectively called perfect or atomistic competition.

A competitive market is a structure in which no single consumer or producer has the power to influence the market. Its response to demand and supply fluctuates with the supply curve, which represents the quantity of the product.

A competitive market is one in which there are many buyers and sellers and no single buyer or seller can influence the price of the goods sold. Competitive markets are sometimes described as being completely competitive.

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What is a plan for how much to spend and how much to save of ones earnings called?
A. a wish list
B. a personal budget
C. a saving account
D. an investment portfolio

Answers

The answer is c hoped this helped

A price variance for direct materials measures how well a company keeps unit prices of material within standards.

true/ false

Answers

A price variance for direct materials measures how well a company keeps unit prices of material within standards, the given statement is false because a price variance measures the difference between the actual price paid for materials and the standard price that was expected.

The formula for calculating the price variance is (Actual Price - Standard Price) multiplied by the Actual Quantity of materials used. The price variance is part of the variance analysis process and helps identify whether the company paid more or less for materials than expected. A positive price variance indicates that the company paid less than the standard price, resulting in cost savings. Conversely, a negative price variance suggests that the company paid more than the standard price, resulting in increased costs.

It is important for companies to analyze and understand price variances to identify the reasons behind the deviations and take appropriate actions to control material costs. By monitoring and managing price variances, companies can optimize their purchasing decisions and improve overall cost efficiency. So therefore the given statement is false because a price variance measures the difference between the actual price paid for materials and the standard price that was expected.

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A reduction in the interest rate would be likely to lead to which 2 of the following?

A. growth in the size of the economy

B. a fall in the rate of inflation.

C. a fall in the rate of unemployment

D. a rise in the value of the pound

please give me two letters

Answers

Answer:

A

Explanation:

Which would be the LEAST helpful to you as you begin to explore future
careers?
trace careers in my family
O interview someone in a career I'm considering
research a career I'm considering
wait until I graduate high school to figure it out

Answers

Answer:

Waiting until you graduate high school to figure out your future career is the least helpful.

Answer:

D ( the last one )

Explanation:

Finding a career takes time. Its something that you love to do or passionate about. Waiting till high school isn't a good idea because your going to have lots of pressure and may ending up not getting a job. therefore the answer is D

Jones Company's inventory cost is $100. The expected sales price is $110, estimated selling costs are $12. Consistent with the lower of cost and net realizable value approach, this inventory item should be valued at:__________
a) $110.
b) $88.
c) $98.
d) $100

Answers

Answer:

I think A but ion kno thats prolly wrong-

Explanation:

state any 5 tpyes of legal requirements that will be required to a business​

Answers

Advertising, marketing, finance, intellectual property, and privacy laws.

Discuss in your own words
1. Discuss the importance of having sources of capital and
good network in starting a business
2. Describe the role of legal requirments in starting a
business
3. Explain

Answers

1. Importance of sources of capital and good network in starting a business

The importance of having sources of capital and a good network in starting a business is that it provides a solid foundation for the company. Capital is required to invest in assets and support daily operations, while networking provides opportunities for collaboration, expansion, and access to resources. Both elements are critical to the growth and success of a business.

Sourcing capital is essential in supporting the development of a business idea from the onset. It is often challenging to find willing investors or lenders, but having a business plan that is well-thought-out, achievable, and marketable will go a long way in attracting support. Investors and lenders want to see that the business idea has the potential to make profits, as well as the ability to pay back the investment or loan.

Networks are essential in providing opportunities for growth and collaboration. Networking involves building relationships with other businesses, entrepreneurs, potential investors, and other stakeholders. These relationships can lead to referrals, recommendations, and other resources that can help the business grow and expand. Networking also provides the opportunity to learn from others who have already been successful in the field.

2. Role of legal requirements in starting a business

Legal requirements are essential in starting a business. The main answer regarding the role of legal requirements in starting a business is that they provide a framework for the business to operate within. These requirements help to protect the business, its employees, customers, and the environment. Legal requirements are also essential in ensuring that the business is operating legally and ethically.

The role of legal requirements in starting a business is to provide guidelines that businesses must follow. These requirements include registering the business, obtaining licenses and permits, paying taxes, adhering to zoning regulations, and following labor laws. Legal requirements also include environmental regulations, health and safety standards, and product labeling requirements. By complying with these requirements, businesses are demonstrating their commitment to operating ethically and legally, which helps to build trust with customers, employees, and investors.

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Question 202 pts
For purposes of property categorization, a fixture is____________.
Group of answer choices
A. intangible personal property that becomes tangible personal property
B. intellectual property
C. real property that has become personal property
D. personal property that has become real property

Answers

option D. A fixture is personal property that has become real property. A fixture is defined as an object that is attached to the property and becomes a part of it.

There is a need for categorization of properties for the sake of legal formalities. A fixture is an important category of properties for the purpose of categorization. The following are the characteristics of fixtures: They are part of the property to which they are attached They cannot be easily removed They are a source of confusion as to whether they are real property or personal property They are movable personal property that has been made a part of the real property when attached to it.

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Wages earned over the course of a year are a worker’s .

Answers

Wages earned over the course of a year refer to the total amount of money a worker has earned through their employment during that time frame.

This includes all payments made to the worker for their labor, including regular wages, overtime pay, bonuses, and any other compensation earned through their employment. It is important to note that wages earned over the course of a year are typically reported to the government for tax purposes, and the worker may also be required to pay taxes on these earnings. Additionally, the amount of wages earned over the course of a year can impact a worker's financial stability and ability to make ends meet, as well as their eligibility for certain benefits and programs that are based on income levels.

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Which policy highlight would discuss how to approach an employer if you need to change a scheduled interview?.

Answers

The policy highlight that would address how to approach an employer if a scheduled interview needs to be changed is: The Public highlight.

What is a Public highlight?

A public highlight is an unwritten social laws institutionalized to solve unplanned problems. These policies serve as guide when implementing programs or actions created by an organization.

So for a planned interview to suddenly change, a public policy highlight would be most appropriate to implement. It gives room for an unforeseen event.

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To examine
the weekly payroll of all employees, one would look at the:

Answers

To examine the weekly payroll of all employees, one would look at the: d. payroll register.

What is the payroll register?

The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.

A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.

Options:

a. W-4

b. employee earnings record

c. W-2

d. payroll register.

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Khalifa wants to expand his business further. He needs to know if he will make enough profit over the next six months. To do so, Khalid has suggested calculating his breakeven point, and his profit. Khalifa will need 100,000 AED to expand his business.
2a. Evaluate why it is a good idea for Khalifa to calculate his breakeven point.

Answers

Answer:

It is a good idea for Khalifa to calculate his breakeven point because the breakeven point will tell him at which point his sales revenue will cover his costs, giving him a profit of exactly zero.

In other words, once the breakeven point is reached, any additional sales will become profit for Khalifa, because the costs of the company will have already been covered.

The breakeven point is one of the most important financial measures, as for this reason, all firms should calculate it, whether small or large.

mr. josh kenney, a u.s. citizen and resident of vermont, owns 100 percent of the stock of jk services, which is incorporated under vermont law and conducts business in four counties in the state. jk services owns 100 percent of the stock of jk realty, which is incorporated under massachusetts law and conducts business in boston.

Answers

Mr. Josh Kenney, a U.S. citizen and resident of Vermont, owns 100 percent of the stock of JK Services, which operates in four counties in Vermont. JK Services, in turn, owns 100 percent of the stock of JK Realty, which conducts business in Boston, Massachusetts.

What are the legal and jurisdictional aspects of the businesses owned by Mr. Josh Kenney?

In this scenario, Mr. Josh Kenney is the owner of two companies: JK Services and JK Realty. JK Services is incorporated under Vermont law and operates within four counties in Vermont. Being a U.S. citizen and resident of Vermont, Mr. Kenney's ownership of JK Services falls under the jurisdiction of Vermont.

On the other hand, JK Realty is incorporated under Massachusetts law and conducts business in Boston. As a separate legal entity, JK Realty falls under the jurisdiction of Massachusetts due to its incorporation and the location of its business operations.

It's important to note that each state in the United States has its own set of laws and regulations governing businesses incorporated within its jurisdiction. This means that JK Services must comply with Vermont state laws and regulations, while JK Realty must adhere to Massachusetts state laws and regulations.

When it comes to taxation, Mr. Kenney would need to file taxes in both Vermont and Massachusetts, as the businesses operate in different states. Each state has its own tax laws and requirements that Mr. Kenney and his companies must follow.

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1. Which is the common factor of 24 and 32?
D. 32
D. 28
D. 19
A 8
B. 16
C. 24
2. What is the greatest common factor of 14 and 567
A7
B. 14
C. 21
3. What is the greatest common factor (GCF) of 16 and 24?
A. 6
B.8
C. 12
4. Which of the following is the greatest common factor of 28 and 367
A. 4
B.7
C. 8
5. The following numbers are common factors of 28 and 56 except?
A. 7
B. 14
C. 8
6. What is the Least Common Multiple (LCM) of 7 and 87
D.9
D. 28
A. 56
B. 68
C. 84
D. 146
7. What is the least common multiple of 6 and 147
A. 42
B.54
C.76
D.84
8. What is the least number of carpenters that an engineer must hire If he wants to
arrange them in groups of 4, 5, 6 with no left over?
A. 120
B.150
C.60
D.240
9. During a car race, two competitors will stop to fill up the fuel tank. One does it
every 4 laps, and the other every 5 laps. If they travel at the same speed, how
many laps will they meet again at the fuel station?
A. 16
B. 20
C.25
D. 30
10. What is the least common multiple (LCM) of 12 and 14?
A. 54
B. 68
C. 84
D. 146
please answer me please ​

Answers

Answer:65

Explanation:

Answer:

8

Explanation:

How is international trade different from global trade?

Answers

international trade means a trade that done out side the country you living in even if you export things to your neighbor country it called international trade. for example usa to Mexico

but we use global trade to thing that done out side the continent for example Asia to Europe

A company needs to rapidly adjust its it resources to meet changing demand and minimize costs as it expands its operations. which feature is most important for the company to achieve this goal rapidly?

Answers

The most important feature for the company to achieve this goal rapidly would be scalability.

Scalability refers to the ability of a system, process, or organization to handle increasing amounts of work and to adapt to changing circumstances quickly and efficiently.

For a company that needs to rapidly adjust its IT resources to meet changing demand and minimize costs as it expands its operations, scalability is essential. This means that the company's IT infrastructure must be able to handle the increased demand for services and be flexible enough to adapt to changes in demand without requiring significant changes to the underlying infrastructure. By leveraging scalable IT resources such as cloud-based services or virtualized environments, the company can quickly and easily adjust its IT resources in response to changing demand.

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2. Discuss the empirical evidence that suggests that the Black-Scholes-Merton model is rejected for S&P 500 index options. Provide at least three different stylized empirical facts from the option market to support your answer. Despite being rejected by the data, why is the model still being used extensively in the finance industry? Note: You can refer to discussions from class and lecture notes, but you need to provide references for any sources you use. You do not have to use your own data. [ 30 marks]

Answers

The Black-Scholes-Merton (BSM) model continues to be used extensively in the finance industry, despite empirical evidence of its rejection of S&P 500 index options, due for several reasons.

First, its simplicity and ease of use make it a convenient tool for quick option pricing calculations. Second, the BSM model serves as a benchmark for comparing alternative pricing models and assessing deviations from its assumptions. It provides a common language and reference point in the financial industry. Additionally, the BSM model can be used as a starting point for more sophisticated models that incorporate market complexities and empirical stylized facts. Lastly, the BSM model's widespread use may be attributed to institutional inertia, as it has become deeply ingrained in financial practices and education, making it challenging to transition to alternative models.

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There is a growing movement in the United States led by the progressive wing of the Democratic Party to have the federal minimum wage raised to $15/hr. Some people agree with the $15/hr minimum wage for the United States, while others oppose raising the minimum wage. The arguments against raising the minimum wage range from the government should not dictate salaries to it will cause low wage workers to lose their jobs since businesses cannot afford a $15/hr minimum wage.

Do you agree with a $15/hr federal minimum wage? The current federal minimum wage in the United States is $7.25/hr. Fully explain your position on this issue in 2 - 3 paragraphs.

Source: Surviving an Unlivable Wage l Full Documentary (Financial Literacy)

Answers

In my opinion, minimum wage should be increased because an increase in minimum wage would reduce poverty, increase consumer spending, and promote economic growth.

Why Should Minimum Wage be Increased?

Minimum wage has not kept pace with inflation, and that the current federal minimum wage of $7.25/hr is not a living wage in most parts of the United States. A $15/hr minimum wage would provide a more realistic living wage for many low-wage workers, but there is disagreement on whether this should be achieved through federal legislation or through individual state action.

Ultimately, whether or not to raise the minimum wage is a complex issue that involves balancing the needs of workers, businesses, and the overall economy. It is important for policymakers to carefully consider the potential impacts of any minimum wage increase and to find ways to support low-wage workers without unduly burdening businesses.

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Visit the Web site for a different well-known company, and find the section that lists the company's values. What are the company's values? How do they relate to the products the company sells? Did anything surprise you about the company's values? Why or why not? TIP: If the company's Web site doesn't describe its values, choose a different company. (1-5 sentences

Answers

Visit the Web site for a different well-known company, and find the section that lists the company's values.

I looked through the Microsoft.com company website.

Innovation, diversity and inclusion, CSR, AI, reliable computing, respect, integrity, and accountability are among the core principles highlighted.

Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.

This is not surprising to me because the corporation makes this point in its advertising and other materials.

What are their core values about?

Among the mentioned core values are;

Technology can and should be a force for good, and we believe that significant innovation can and will make the world a better place in both large and little ways.

Diversity and inclusiveness are important to our success. To enlighten, challenge, and push our thinking, we draw on the strengths, experiences, and many points of view of our customers and staff.

AI - Our belief is that AI can enhance your talents, free you up to engage in more creative and strategic activities, and assist you or your organization in achieving more when it is created with humans at the heart.

They acknowledge full accountability for all choices, deeds, and outcomes. Therefore, Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.

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how has technology changed communication over the past decade?​

Answers

Answer:

Explanation:

Advancements in technology and changes in communication generally go hand in hand. Landlines displaced the telegraph and cell phones replaced landlines. The arrival of the internet opened new doors of personal communication. E-mails replaced postal mails and social media took the place of text messages

help quick!

According to the video, which qualities do Insurance Underwriters need? Check all that apply.
O communication skills
O customer service skills
Ocomputer skills
Oknowledge of sales strategies
Oan outgoing attitude
O a background in finance

Answers

Answer: 1 3 6 or A C F

Explanation:

I just did it on the edge

Answer:

ACF

Explanation:

got it correct on Edge 2020


Refer to the graph. Which area indicates a surplus?

(A)
(B)
(C)
(D)

Refer to the graph. Which area indicates a surplus?(A)(B)(C)(D)

Answers

Answer:

D

Explanation:

or placing trade restrictions on other countries to shield domestic industries from
competition, takes many forms.
are taxes imposed on imported goods and services.
place limits on the amount of a good that can be imported from a particular country.
Early in the twentieth century, the United States imposed
Y agricultural
goods. While this measure protected US farmers, it caused European governments to impose
tariffs
on US products. Heavy tariffs on imports led to a drastic decline in international trade, which further weakened the
global economy and aggravated the Depression.
Today, some US workers believe the government should
protectionism to protect their industries from
foreign competition and prevent job
in the United States. This thought is shared by
some business owners as well.

Answers

Answer: protectionism, tariffs, quotas, tariffs, European,

retaliatory, increase, cheaper, losses

Explanation: Plato / Edmentum

Pls help pls

Why is there a huge demand of professionals in the field of agriculture??

Answers

Agriculture is a important field in countries development.Agriculture contributes 10-50℅ GDP to most of the countries.Agricultural determines the Development rankings.Agriculture helps the country to feed all the citizens .Hence there is a huge demand of professionals

Which of the following statistical selection techniques is least desirable for use by an auditor? -Sequential selection. -Systematic selection. -Stratified selection. -Block selection.

Answers

Out of the statistical selection techniques, the least desirable technique for use by an auditor is block selection. An auditor can use different methods to select a sample from a large group. For example, the auditor could use sequential selection, systematic selection, stratified selection, or block selection.

Sequential selection is a technique that involves selecting elements in a predetermined order. Systematic selection, on the other hand, involves selecting a starting point at random and then selecting every nth element after that point.

The block selection method, on the other hand, involves selecting elements that are grouped together. In this method, the auditor divides the population into blocks and then randomly selects blocks from the population.

While this method may be useful in some situations, it can result in a biased sample if the population is not evenly distributed among the blocks. For this reason, block selection is considered the least desirable technique for use by an auditor.

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Inventory that consists of the costs of the direct and indirect materials that have not yet entered the manufacturing process is known as:_________

Answers

Inventory that consists of the costs of the direct and indirect materials that have not yet entered the manufacturing process is known as material inventory.

Raw materials stock is the calculated cost of an organization's basic components that are used to build and manufacture its products. These are gadgets, considered “pre-production inventory,” currently in stock and anticipated use.

Raw materials are the input items or stock that an employer wishes to manufacture its merchandise. Examples of uncooked materials consist of steel, oil, corn, grain, fuel, lumber, forest assets, plastic, natural gas, coal, and minerals.

Uncooked substances, semi-finished items, and finished items are the three most important categories of inventory that might be accounted for in a business enterprise's economic debts.

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Other Questions
If y equals -3 then 4 + y / 4 y = Explain why it is important to model the context of the proposed system. After applying your feature selection algorithm, assume you selected four random variables as features, denoted as F, F2, F3, F4. Based on these features, you now work with a cyber security expert to construct a Bayesian network to harness the domain knowledge of cyber security. The expert first divides intrusions into three cyber attacks, A, A2, A3, which are marginally independent from each other. The expert suggests the presence of the four features are used to find the most probable type of cyber attacks. The four features are conditionally dependent on the three types cyber attacks as follows: F depends only on A, F depends on A and A. F3 depends on A and A3, whereas F4 depends only on A3. We assume all these random variables are binary, i.e., they are either 1 (true) or 0 (false). (i) Draw the Bayesian network according to the expert's description. (ii) Write down the joint probability distribution represented by this Bayesian net- work. (iii) How many parameters are required to describe this joint probability distribution? Show your working. (iv) Suppose in a record we observe F is true, what does observing F4 is true tell us? If we observe F3 is true instead of F2, what does observing F4 is true tell us? write a letter to the district Who was the Romantic painter regarded as the last of the Old Masters and the first of the moderns? which of these is least likely to be a major consideration in determining an advertising budget excluding situations where the defendant was merely a party to the murder, what is the key issue? a model of an experiment that would be impractical because it would be difficult, time-consuming, or costly is called... The lengths of the sides of a triangle are in the extended ratio 7 : 9 : 10. The perimeter of the triangle is 104cm. What is the length of the sides ? Which value for x makes the sentence true?12x = 8x + 12Group of answer choicesx = 8x = 16x = 1x = 3 if 2 bags of rice cost 3 dollars what is the cost per bag of rice Why did some states use literacy tests at polls? A. to make sure a person was eligible to vote B. to prevent African Americans from voting. C. to make sure a person knew how to vote. D. to keep women from voting A substance that is recognized as foreign or nonself is? 1. immunoglobulins. 2. lymphocytes 3. antibodies. 4. antigens WILL GIVE BRAINLIESTWhich is NOT a method scientists use to determine the age of Earth?A.radioactive decayB.law of superpositionC.core rock samplesD.evolution please help with this math problem Find the slope from the followingA) (2, -3) and (5, 9)Bx y-4 11-1 52 -15 -78 -13 PLZ HELP ASAP 30 POINTS (Plz show work)Choose a trinomial to factor. 3x2 15x + 1810a2 + 5a 304n2 10n 24 An article detailing the many uses of a new multi-purpose tool. It explains how thetool can perform the tasks of a hammer, screwdriver, wrench, and knife. It is fourtools in one, so you will always have the tool you need when you have one of these.a. To entertain b. To inform c. To persuade rom DIP3e 2.7, 2.8 in which a Gaussian function is quantized we have a demo, etc. Here is some more details from the Matlab demo: hsize =201; \& Desired size of the full-precision image of a gaussian sigma =51;8 Standard deviation for the gaussian K=255; 8 Maximum value of full-precision image. k=2; \& Number of bits to use in quantization of the Gaussian function The most active galactic nuclei are usually found at large distances from us; relatively few nearby galaxies have active galactic nuclei. What does this imply?.