Which of the following best states the main difference between a monopoly
and an oligopoly?
a. monopolies have a slightly lower level of market concentration
than oligopolies.
b. both monopolies and oligopolies involve a very low level of
competition.
o
c. oligopolies involve more than one company while monopolies
involve only one.
) d. neither a monopoly nor an oligopoly presents significant barriers
to entering the industry.

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

Companies under market structures are independent