Business, 22.02.2020 09:07 kcarstensen59070
Which of the following best explains why the media industry is characterized
by an oligopolistic market structure?
O
A. There are many innovative entrepreneurs in the media.
O
B. Centralization of ownership has led to an industry controlled by a
few large companies.
O
C. Government licensing allows media companies to have a near
monopoly.
O
D. It is impossible for any company to compete with a local media
company
Answers: 1
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Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces
Answers: 1
Business, 22.06.2019 08:50
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
Which of the following best explains why the media industry is characterized
by an oligopolist...
by an oligopolist...
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