candycaneshake1679 candycaneshake1679
  • 13-04-2022
  • Business
contestada

Mutual interdependence means that each firm in an oligopoly.

Respuesta :

nprocks958
nprocks958 nprocks958
  • 13-04-2022

Answer:

Interdependence means each firm bases it's decisions off the decisions of its competitors.

Explanation:

Interdependence is the concept that one firm's actions affect another firm's action. For example, if Firm A lowers their price 20 cents, Firm B will follow that price, lowering their's 20 cents to compete.

Answer Link

Otras preguntas

How was the Stamp Act different from earlier taxes imposed on the British colonies? A) The Stamp Act was only enforced in the southern colonies; northern col
What form of figurative language is used below?
How long is the brace that connects points B and D?
Explain one benefit to an entrepreneur of starting a business as a private limited company
Please help and thank you
If you sold 5 menu items one week, then 10 the next, then 12 the next, then 15 the next, what terms best describe this pattern?
Why do you think the soldiers still stormed the beach, knowing there was a chance that they could die?
which statements are true regarding the system of equations?check all that apply​
30 POINTS AND I WILL AWARD BRAINLIEST!!!!
In triangle ABC, B=17 55', C=98 15' and a=17. What is the length of c? a. 26.2 b. 14.3 c. 22.4 d. 18.7