Answer:
Regional Economic Integration can best be defined as an agreement between groups of countries in a geographic region, to reduce and ultimately remove tariff and non-tariff barriers to the free flow of goods, services, and factors of production between each other.
delivery service for cooked food has contracts with many restaurants which do not have their own delivery service. Customers place their orders on-line with the delivery service, stating the items they wish to order and the restaurant at which the order will be made. The delivery service then sends each order to the restaurant, picks it up when it’s ready, and delivers it to the customer. Though some delivery services work on a per-order basis, this one pays its drivers by the hour. Deliveries begin at 7 a.m. each day, and continue until 2:59 a.m. the next morning. Their drivers work two four-hour shifts per day. For some drivers, the two shifts are consecutive (effectively one eight-hour shift), but other workers work split-shifts, with a four hour gap between their shifts. All drivers earn a base rate of $17 per hour. In addition, there is a per-day bonus of $14 paid to each driver who works on a split-shift. The delivery service has the following daily requirements: Shift Minimum Number Index Time of Day of Drivers Needed 1 7 a.m. to 10:59 a.m. 18 2 11:00 a.m. to 2:59 p.m. 37 3 3:00 p.m. to 6:59 p.m. 15 4 7:00 p.m. to 10:59 p.m. 30 5 11:00 p.m. to 2:59 a.m. 12 Subject to meeting all its requirements for workers, the delivery service wishes to minimize its daily labour cost (regular and bonus). Formulate the model so that the $17 and the $14 are entered only once Need to use the system LINGO
The delivery service aims to minimize its daily labor cost while meeting shift requirements. The model assigns the optimal number of drivers to each shift to achieve this goal, considering the base rate of $17 per hour and a $14 per-day bonus for split-shift workers.
To formulate the model using LINGO, we need to define decision variables, objective function, and constraints.
Decision Variables:
Let Xi represent the number of drivers assigned to shift i, where i ranges from 1 to 5.
Objective Function:
Minimize the daily labor cost:
Minimize Cost = 17 * (X1 + X2 + X3 + X4 + X5) + 14 * (X2 + X3 + X4)
Constraints:
Ensure that the minimum number of drivers required for each shift is met:
X1 >= 18
X2 >= 37
X3 >= 15
X4 >= 30
X5 >= 12
Total number of drivers available should be equal to the sum of assigned drivers:
X1 + X2 + X3 + X4 + X5 = Total Number of Drivers
For split-shift workers, the number of drivers in the second shift should be equal to the number of drivers in the first shift:
X2 + X3 + X4 = X3 + X4 + X5
All decision variables should be non-negative integers:
Xi >= 0 (for i = 1 to 5)
By formulating the model in this way, we can use LINGO to solve it and determine the optimal assignment of drivers to minimize the daily labor cost while meeting the shift requirements.
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Which statement best summarizes the law of demand ?
A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.
Thank you :)
Buyers are more likely to buy a product that is supplied in large quantities.
What is the law of demand?The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.
What are the types of demand?Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term DemandLearn more about the law of demand here https://brainly.com/question/24019366
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A person has income $1000 for goods F and S. The price of F is $4, and the price of S is $200. Which of the following bundles is in the opportunity/budget set (i.e., attainable)?
Select one:
a.
150 units of food, 3 units of shelter
b.
100 units of food, 10 units of shelter
c.
200 units of food, 2 units of shelter
d.
200 units of food, 1 unit of shelter
e.
250 units of F and 1 unit of shelter
The bundle that is attainable is option e. 250 units of F and 1 unit of shelter.
Option e is the only bundle that falls within the person's budget constraint. The person has an income of $1000, and the price of F is $4. Therefore, the person can afford a maximum of $1000/$4 = 250 units of F. Additionally, the person can afford 1 unit of shelter since its price is $200, which is within their budget.
Option a is not attainable because the person cannot afford 150 units of food and 3 units of shelter within their budget. Option b is also not attainable because the person cannot afford 100 units of food and 10 units of shelter. Option c exceeds the person's budget since they cannot afford 200 units of food and 2 units of shelter. Option d also exceeds the budget as the person cannot afford 200 units of food and 1 unit of shelter.
Therefore, the only option that falls within the person's budget constraint and is attainable is e. They can purchase 250 units of F and 1 unit of shelter.
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What is the proper balance between dealing with negative externalities through government regulation or through torts?
Answer:
Government regulation is the best way to deal with negative externalities
Explanation:
An externality is the effect of the activities ( mostly economic ) of an individual on third parties whom are not direct participants in such activities ( mostly economic ) and this externalities can be either positive or negative .
A proper balance by which Government can deal with negative externalities is by increasing taxes on the production of goods and services that leave a trail of negative externalities on third parties. that way the cost of production of such goods and service will discourage its production
(Bond valuation) The
12
-year
$1 comma 000
par bonds of Vail Inc. pay
11
percent interest. The market's required yield to maturity on acomparable-risk bond is
8
percent. The current market price for the bond is
$ 1 comma 130
.
a. Determine the yield to maturity.
b. What is the value of the bonds to you given the yield to maturity on a comparable-risk bond?
c. Should you purchase the bond at the current marketprice?
Question content area bottom
Part 1
a. What is your yield to maturity on the Vail bonds given the current market price of the bonds?
%
(Round to two decimal places.)
The yield to maturity on the Vali Inc. bond can be found to be, given the price of the bond, 11. 55 %.
The value of the bonds given the yield to maturity from the comparable bond is $ 1, 226. 08.
You should purchase the Vail Inc. bond .
How to find the yield to maturity ?The yield to maturity can be found by using a Spreadsheet and using the RATE formula as using formulas would require financial calculators. The entries for the formula would be:
NPER = 12 years
PMT = $ 110
PV = 1, 130
FV = 1000
The yield would then be: 11. 55 %.
Using the PV formula and the yield to maturity on the comparable bond gives a value of:
Rate : 8%
Nper : 12 years
Pmt = - 110
FV = 1000
The value of the bond is $ 1, 226. 08. This means that the Vail Inc. should be purchased at current marketprice as it is cheaper.
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types of insurance plz in detail
Answer:
health insurance life insurance car insurance etc
Explanation:
health issues they give money
money on customers death
money for car damage fix
Emery Mining Inc. recently reported $147,500 of sales, $75,500 of operating costs other than depreciation, and $10,200 of depreciation. The company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-+-state income tax rate was 25%. How much was the firm's net income? The firm uses the same depreciation expense for tax and stockholder reporting purposes. (Round your intermediate and final answers to two decimal places.) a. $35,847.12 b. $38,604.59 c. $36,634.97 d. $45,452.81 e. $47,664.85
Answer: D.) $45,452.81
Explanation:
Given the following :
Sales = $147,500
Operating expenses = $75,500
Depreciation = $10,200
Outstanding bonds = $16,500
Interest rate on bonds = 7.25% = 0.0725
federal-+-state income tax rate = 25% = 0.25
Net income =?
Net income can be calculated as follows:
Net income = (Sales - Operating Expenses - Depreciation - (Outstanding bond value × Interest rate)) × (1 - Tax rate)
Net income = ($147,500 - $75,500 - $10,200 - ($16,500 × 0.0725)) × (1 - 0.25)
Net income = ($147,500 - $75,500 - $10,200 - $1,196.25) × 0.75
Net income = $60,603.75 × 0.75
Net income = $45,452.81
The firm's net income is : $45,452.81
What is Net income?Net income represents the difference between revenues and expenses. The expenses include both operating and non-operating expenses. An income statement is prepared to determine the net income.
Net income
= (Sales revenue - Operating costs - Depreciation - Interest expense) * (1 - Tax rate)
= $147,500 - $75,500 - $10,200 - ($16,500 * 7.25%) * (1 - 0.25)
= $147,500 - $75,500 - $10,200 - $1,196.25) × 0.75
= $60,603.75 × 0.75
= $45,452.81
Therefore, the firm's net income is $45,452.81
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One characteristic of the United States Foreign Corrupt Practices Act is that it: ____________
a. applies to only international transactions that occur within the territorial borders of the United States.
b. is an attempt to support U.S. businesses by exporting U.S. values that indirectly aid business.
c. clearly stipulates terminology and behavior that is illegal on the part of U.S.
d. businesses and foreign business operating in the United States.
e. includes uncertainties such as terminology, definitions, accounting standards, and behavior standards.
One characteristic of the United States Foreign Corrupt Practices Act is that it clearly stipulates terminology and behavior that is illegal on the part of U.S
United States Foreign Corrupt Practices Act was set up in 1977. It helps to
serve as a guide to know the legal and illegal behavior expected of
individuals by the USA.
Example of illegal behavior by the Act includes offering bribes for favor to gain business deals, keeping to agreements etc.
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Drag the tiles to the boxes to form correct pairs.
Match the different. brainstorming techniques to their applications
Note that the Brainstorming Techniques matched to one another are given as follows:
Clustering - connecting ideas for a topic using different shapes and color-coding to identify how the ideas are relatedThree perspectives - describing the topic, tracing its history, and examining its connections with related topicsFreewriting - writing down first thoughts on a topic in a timed session. without pausing to check for relevance or grammarWhat are brainstorming techniques?The most essential thing to remember with any approach of brainstorming is to prioritize quantity above quality. Accepting all ideas, no matter how ridiculous or unimportant they may appear, aids brainstorming.
The aim is to establish a large enough pool of ideas from which to draw or combine ideas for the best solution or approach.
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when assets are purchased in a group for a single sum, it is referred to as a multiple choice question. group asset divestiture. lump-sum purchase. business consolidation. composite purchase.
The correct answer is option B. Lump-sum purchase is a form of acquisition in which assets are bought as a group for a single sum of money.
This purchasing option is frequently utilised when buying a corporation since it enables the buyer to acquire all of the company's assets in a single transaction.
The assets are subsequently transferred to the buyer in exchange for the purchase price, which is paid in one lump amount. Both the buyer and the seller may benefit from this way of purchase because it streamlines the transaction procedure and enables a speedy close of the deal.
Also, it can give the vendor a single payment, preventing any delays brought on by multiple payments. Also, it enables a smooth transition by giving the buyer access to all of the company's assets.
Complete Question:
When assets are purchased in a group for a single sum, it is referred to as a:
Multiple choice question
A. Group Asset Divestiture
B. Lump-Sum Purchase
C. Business Consolidation
D. Composite Purchase
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How do I verify my LPC in Texas?
Visit the website at www.bhec.texas.gov/verify-a-license/index.html.
To search by license number, click the link.
To check the status of my license, which is in good standing and active status, enter my license number (36337) and click Search.
How can I find out whether my Texas LPC has been approved?You can check the status of any applications you've begun or finished in the past. By selecting the "Select" button from the Main Menu next to "Check Status of Your Applications. You can check your applications' status, the type of license they were submitted for, when they were submitted, and more here.
How frequently must you renew your Texas LPC license?A license holder must renew their license(s) every two years. Licensees are sent a postcard reminder at least 30 days before their renewal date to inform them that they need to renew their license.
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An electric car company operates a manufacturing facility with 160 robots and 3000 employees. The process produces some 500 vehicles each week. It takes a car about 5 days to move from the beginning of the process to the end. The plant operates for 16 hours per day, 5 days a week. What is the cycle time of the process?
The cycle time of a process is the time it takes to complete one cycle or unit of production. In this case, the cycle time refers to the time it takes for a car to move from the beginning of the process to the end.
To calculate the cycle time, we need to consider the production capacity and the operating hours of the manufacturing facility. The facility produces 500 vehicles each week, and it operates for 16 hours per day, 5 days a week. So, the total operating hours per week would be 16 hours/day * 5 days/week = 80 hours/week. To find the cycle time, we divide the total operating hours by the number of vehicles produced per week. Therefore, the cycle time would be 80 hours/week ÷ 500 vehicles/week = 0.16 hours/vehicle. In other words, it takes approximately 0.16 hours or 9.6 minutes for a car to move through the entire process, from start to finish.
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1. What is the annual percentage rate (APR) for this credit card?
2. For cash advances what is the APR?
3. What three things would move the APR for the balance on this credit card to 28.99%?
4. What is the annual fee that customers are charged for holding this credit card?
5. If you decided to transfer the balance from another credit card to this credit card, what would be the fee charged?
a. What would be the APR charged for the transferred balance?
6. What is the fee for a cash advance?
7. If you use this credit card in a foreign country, what would be the fee on each transaction you made in the foreign country?
8. If you are late on making a payment, what would be the fee charged?
9. What would be the fee charged if you went over your credit limit?
Answer:
1. For purchases, the APR during an introductory period is either 8.99% or 10.99% or 12.99% depending on creditworthiness. After the introductory period the APR is 14.99%
2. Cash advance monthly rate changes based on what the Prime Rate is that month + 14.99% so if the prime rate is 3, add 14.99 to that so 17.99% of the amount received in cash. So if you take $200 cash advance, the amount charged at 17.99% would be 0.1799 x 200 =$35.98.
3. If the card holder does any of the following: makes a late payment, goes over their stated credit limit, make an account payment that is returned, or commit the afore mentioned acts on another account held by this same creditor the APR is then increased to 28.99%.
4. The annual fee charged for the credit card is $20.
5. The fee for a balance transfer is Either $5 or 3% of the amount that is transferred or $100 (whichever is greater) to this card from another account.
a. The APR charged for a balance transfer is 15.99%, but would vary based on the market Prime Rate.
6. Fee for cash advance is $5 or 3% of the amount of cash advance taken - whichever amount is largest.
7. 2% of the amount charged (in US dollars) in a transaction.
8. A late fee of $25 will be charged on an account with a balance of $999 or less. If the account balance if over $1000 the late fee of $35 will be charged and the APR will increase to 28.99%.
9. A fee of $29 is charged for accounts that exceed the credit limit in addition to an APR increase to 28.99%
Explanation: explanations are with the answers listed above.
An economy that using its resources to produce the maximum number of goods and services is described as? A. Efficient B.underutilized C.growing. D.trading off
Answer:
underutilized
Explanation:
They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
What is the Break Even Point for the business?
Answer:
2 unit
Explanation:
The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered
It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.
Workings
Fixed cost = 200
Selling price = 150
Variable cost = 50
Break even point = 200/(150-50)
=2 units
Any sales below this ends up in a loss as the fixed cost will not be fully recovered.
can i have one sentence on how you would describe your favorite icecream
Answer:
it is chocolatey and peanut buttery and tasty i like moose tracks.
Explanation:
Answer:
My favorite ice cream is minty, with chocolate chunks!
Explanation:
Many of your friends and family have pet dogs and cats. Each summer you enjoy looking after the pets, for example, taking dogs for walks and feeding them. As you care for the animals so well, one of your friends has suggested that you should start a ‘pet-care’ business for pet owners within a three mile radius of your home. You plan to look after their pet while they are on holiday.
You decide first to carry out some market research.
(a) Identify two purposes of market research. (2) set your answer like below
Answer:
the action or activity of gathering information about consumers' needs and preferences
-place
-target market
-feasibilty study
Explanation:
Place- allow you to gain attraction and attention from public
Target market-. Field of your business is it realible who would be your costumer and clients
Which of these would be most likely to be included in CPI
Answer:
Frozen Pizzas
Explanation:
Info from the video:
"To calculate this index, the US Bureau of Labor Statistics uses a predetermined fixed basket of goods and services and averaging them together. The goods and services in this basket are developed from a survey of expenditures provided by individuals and families in a typical urban household."
Frozen pizza is an expenditure that could be bought by individuals and families in a household.
True or False
A Person who works full time for a power company in the energy cluster is considered a consultant.
Answer:
True
Explanation:
Answer:
False, i took the quiz and got 100% percent- k-12 7th grade career final exam
Explanation:
The coursework taken at a _____ is focused on specific career skills and trades and does not generally require further academic studies.
vocational school
private school
university
college
Answer:
Vocational school
Explanation:
Edge 2021
Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.
Answer:
Answer C
Explanation:
Answer:C)
Explanation:just got it right<3
tom is in charge of a Habitat for Humanity build site where volunteers arrive daily, excited to volunteer, but with very little knowledge of how to do the work or what needs to be completed. Based on the Situational Leadership Model II®, which leader style would be best for Tom to use?
The Situational Leadership Model II® is a leadership theory that suggests that the most effective leadership style depends on the situation at hand. In this case, Tom is in charge of a Habitat for Humanity build site where volunteers arrive daily, excited to volunteer, but with very little knowledge of how to do the work or what needs to be completed.
According to the Situational Leadership Model II®, there are four leadership styles: directing, coaching, supporting, and delegating. Each style is appropriate for a different level of follower readiness, which refers to the competence and commitment of the followers.In this situation, the volunteers have very little knowledge of how to do the work or what needs to be completed, indicating a low level of follower readiness. Therefore, the best leadership style for Tom to use would be the directing style.
The directing style involves giving specific instructions and closely supervising the work of the followers. This style is appropriate for followers who have low competence and low commitment, as it provides clear guidance and structure.
To use the directing style effectively, Tom should:
1. Clearly communicate the goals and expectations for the build site.
2. Provide detailed instructions for each task and demonstrate how to do them.
3. Closely supervise the work of the volunteers and provide feedback on their performance.
4. Provide positive reinforcement for good performance and corrective feedback for poor performance.
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Since the mid-20th century, globalization has resulted in:
A. a decline in trade between countries on different continents.
B. rapid inflation that has devastated most world economies.
C. economies around the world becoming more connected.
D. significant improvements to the environment in most countries.
Answer:
C. economies around the world becoming more connected.
Explanation:
Globalization refers to the growing interactions between different countries. It results from the easy movement of people, ideas, technology, goods, and services across the world. Improvement in transport infrastructure, technology, and interdependence of people has accelerated globalization.
Globalization has made regions and countries more integrated. Easy movement of goods and services has increased trade and competition, making economies more dependent and connected to each other.
Answer: C. Economies around the world becoming more connected.
Explanation: Ap3x
Regional Supermarket is open 355 days per year. Daily use of cash register tape averages 18 rolls. Usage appears normally distributed with a standard deviation of 2 rolls per day. The cost of ordering tape is $.75, and carrying costs are 36 cents per roll a year. Lead time is 2 days.Use Table1 and Table2.What is the EOQ?
Answer:
EOQ (Economic Order Quantity) formula is:
EOQ = √[(2DS)/H]
Where D is the annual demand, S is the cost of placing one order, and H is the carrying cost per unit.
First, we need to find the annual demand:
Annual demand = Daily usage x Days open = 18 rolls/day x 355 days/year = 6390 rolls/year
Next, we need to find the cost of placing one order:
Cost of placing one order = $0.75
Finally, we need to find the carrying cost per unit:
Carrying cost per unit = 0.36
Now we can plug in the values into the EOQ formula:
EOQ = √[(2 x 6390 x 0.75)/0.36] = √[10650] = 103.17
Therefore, the EOQ is 103 rolls (rounded up to the nearest whole number).
Explanation:
What is an example of SECONDARY market research
Answer:
News articles and Reports
Explanation:
its how they draw their data
Answer: Market research that's already compiled and organized for you. Examples of secondary information include reports and studies by government agencies, trade associations or other businesses within your industry.
Explanation: Secondary research uses outside information assembled by government agencies, industry and trade associations, labor unions, media sources, chambers of commerce, and so on. It's usually published in pamphlets, newsletters, trade publications, magazines, and newspapers. Secondary sources include the following: public and commercial sources
suppose that the real output in an economy is 20 units and that 10 units of input are needed to produce that quantity. additionally, the price of each input is $2. answer the following question on the basis of this information.
Based on the information provided, the real output in the economy is 20 units and it requires 10 units of input to produce that quantity. Furthermore, the price of each input is $2.
What is the total cost of inputs required to produce the real output we need to multiply the quantity of inputs (10 units) by the price of each input . Therefore, the total cost of inputs required to produce the real output is $20.
To calculate the total cost of inputs, we need to multiply the quantity of inputs (10 units) by the price of each input ($2). Therefore, the total cost of inputs required to produce the real output is $20.
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how does the information presented about the upland plover indicate that wildlife protection and management must be an international process?
The information presented about the upland plover indicates that wildlife protection and management must be an international process because the species is found in multiple countries in both North and South America.
What is wildlife protection?Wildlife protection is the practice of protecting wild species and their habitats in order to maintain a balanced ecosystem. Protection strategies can include legislation, land acquisition, conservation and restoration of habitats, and public education. Wildlife protection also focuses on preserving endangered species and their habitats, as well as preventing species from becoming endangered in the first place. Wildlife protection also involves managing wildlife populations in order to prevent overhunting, or the excessive harvesting of species. This can be done through laws that regulate hunting seasons, bag limits and the types of weapons allowed.
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Score for this attempt: 0 out of 2 Submitted Sep 30 at 2:08pm This attempt took 8 minutes. Question 1 0/2 pts In which philosophical tradition is George Pohle's perspective of Corporate Social Responsibility? Deontology Virtue Ethics Utilitarianism
George Pohle's perspective of Corporate Social Responsibility falls under the philosophical tradition of Utilitarianism. Utilitarianism is a consequentialist ethical theory that focuses on maximizing overall happiness and minimizing suffering.
According to Utilitarianism, actions should be judged based on their ability to produce the greatest amount of happiness for the greatest number of people. In the context of Corporate Social Responsibility, Pohle's perspective would prioritize the well-being and happiness of society as a whole, rather than focusing solely on individual virtues or following specific moral rules.
Utilitarianism seeks to create the greatest overall benefit for society by considering the consequences of actions. Thus, Pohle's perspective aligns with the Utilitarian tradition in relation to Corporate Social Responsibility.
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a no-load (commission-free) mutual fund has grown at a rate of 11% compounded annually since its beginning. if it is anticipated that it will continue to grow at that rate, how much must be invested every year so that $15,000 will be accumulated at the end of five years?
To calculate the annual payments for five years, we'll utilise the A/F factor.
Payments per year equal 15000*(A/F,11%,5) = 15000*0.1606 = 2409 (Nearest Dollar)
What are annual payments?
Annual Payments refers to the sum of all payments made by the Fund to the Authority each Bond Year, as specified and calculated in the 2003 Agreement. The Annual Payments are designed to cover all required compensation for any and all Power (including, without limitation, any and all Capacity, Ancillary Services, and Renewable Attributes) required to be delivered to the Purchaser under this PPA during the Term, and the Purchaser and Seller acknowledge and agree that the Purchaser is not required to make any additional payments to the Seller therefor.
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Which of the following does NOT help explain why oligopolies exist?
A. Economies of scale
B. Barriers to entry
C. Product homogeneity
D. Mergers
The following that does not help explain why oligopolies exist because of Product homogeneity. The correct option is c.
Product homogeneity refers to goods or services that lack distinctive features and satisfy customers in the same way. They are traits of products that are in direct competition with one another and are ideal replacements for one another. They have far-reaching consequences for market dominance, competition, and how businesses market and profit.
Differentiated products have been in contrast to homogeneous products. The latter are imperfect substitutes for one another. They satisfy customers in various ways. As a result, consumers view them to have disparate values. Because of product homogeneity, oligopolies exist.
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