Select the examples of layoffs. Check all that apply. India loses her job as an Urban Planner because the city ran out of funding. Tori loses her job as a Foreign Service Officer because she is not good at communicating with or negotiating with foreign officials. Hunter loses his job as a Tax Examiner because he keeps making mistakes. Fidel loses his job as an Eligibility Interviewer because Legislators decided to cut his department, even though Fidel was very good at his job.

Answers

Answer 1

Answer:

Fidel loses his job as an Eligibility Interviewer because Legislators decided to cut his department, even though Fidel was very good at his job.

Explanation:

A layoff refers to the termination of an employment contract due to a shortage of work. Employers initiate layoffs. They may be a temporary suspension of employment or permanent termination.

Layoffs are not a result of an employee's fault or incompetency. They may be caused by declining revenue, some operations' shutdown,  automation of processes, and outsourcing of some services.  

Fidel's case was a layoff. There was no work available for him after his department was shutdown.

Answer 2

Answer:

A.) India loses her job as an Urban Planner because the city ran out of funding.

D.) Fidel loses his job as an Eligibility Interviewer because Legislators decided to cut his department, even though Fidel was very good at his job.

Explanation:

I don't have an explanation but I did get this right on edge


Related Questions

Have you ever had your dream crushed before

Answers

Answer:

yes but dont let it slip away

Explanation:

ok but seriously don't click on the site in the comments...unless you want to

Answers

Answer:

Thanks?

Explanation:

Huh?????????? I don’t understand

The Aros smart window air conditioner has gone through all of the first five stages of the product development process, and the marketing team has its marketing mix figured out for the product. They launch the product through the Quirky website to a broader market than the test group, in order to see if the positioning and messaging for the product hits the right mix for the market. What is the marketing team doing in this stage

Answers

Answer:

They are testing the product's marketing mix with a wider market and validating its effectiveness

Explanation:

Marketing mix is a combination of factors that a company considers when they are marketing a product to the consumer.

They are price, product, place, and promotion.

For sales of a product to be successful the marketing mix must be effective in the target consumers.

Tests are carried out on a test sample of buyers and then to a larger population to test efficacy of the marketing mix before launching the product.

In the given scenario Aros Smart window launched the product through the Quirky website to a broader market than the test group, in order to see if the positioning and messaging for the product hits the right mix for the market.

They are testing the product's marketing mix to determine its effectiveness

CTSOs are especially helpful for people who are applying for which things? Check all that apply.

Answers

Explanation:

I believe it's for employment, military, college

Answer:

Employment. Military Services. College.

Explanation:

Problem 8-2A Record notes payable and notes receivable (LO2)
[The following information applies to the questions displayed below.]
Precision Castparts, a manufacturer of processed engine parts in the automotive and airline industries, borrows $40.6 million cash on October 1, 2015, to provide working capital for anticipated expansion. Precision signs a one-year, 8% promissory note to Midwest Bank under a prearranged short-term line of credit. Interest on the note is payable at maturity. Each firm has a December 31 year-end.
1. Prepare the journal entries on October 1, 2015, to record the issuance of the note.
2. Record the adjustment on December 31, 2015.
3. Prepare the journal entry on September 30, 2016, to record payment of the notes payable at maturity

Answers

Answer:

1. Prepare the journal entries on October 1, 2015, to record the issuance of the note.

Journal entry for Precision Castparts

Dr Cash 40,600,000

    Cr Notes payable 40,600,000

Journal entry for Midwest Bank

Dr Notes receivable 40,600,000

    Cr Cash 40,600,000

2. Record the adjustment on December 31, 2015.

Journal entry for Precision Castparts

Dr Interest expense 812,000

    Cr Interest payable 812,000

Journal entry for Midwest Bank

Dr Interest receivable 812,000

    Cr Interest revenue 812,000

3. Prepare the journal entry on September 30, 2016, to record payment of the notes payable at maturity

Journal entry for Precision Castparts

Dr Notes payable 40,600,000

Dr Interest expense 2,436,000

Dr Interest payable 812,000

    Cr Cash 43,848,000

Journal entry for Midwest Bank

Dr Cash 43,848,000

    Cr Notes receivable 40,600,000

    Cr Interest receivable 812,000

    Cr Interest revenue 2,436,000

Kazi Ltd. a manufacturer of powder soap wants to double their previous financial year profit which was Sh. 5 Million, through improved sales strategies and aggressive marketing. The following data was provided. p = 320, v = 110, f = Sh. 1.2 Million i) Determine Profit if sales are 35,000 units

Answers

Answer:

the profit in the case when the sale is 35,000 units is 6,150,000

Explanation:

The computation of the profit is as follows:

= (Selling price - variable cost) × number of units sold - fixed cost

= (320 - 110) × 35,000 units - sh. 1.2 million

= 7,350,000 - 1,200,000

= 6,150,000

Hence, the profit in the case when the sale is 35,000 units is 6,150,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Computer user support Is another narme for:
A. Customer service
B. Technical support
C. Network support
D. Information security

Answers

Answer: Technical support

Explanation: Computer user support, knows also as technical support, is responsible for providing help and support to individuals and organizations using computers and various equipment. They respond through phone calls and also through emails, in order to provide a service so that it is available in different ways for its users.  In various situations, it is necessary for the support technician to make a visit as there are situations that cannot be done through calls or emails.

Based on the module, describe three strategies that can help you use credit wisely.
The number of individuals who experience credit problems has grown in recent years. What factors have contributed to this growth? What should be done to reduce this

Answers

Answer:

If you're talking about credit card for the first question here u go... Spend within your means. The best way to avoid credit card debt is to pay your balance in full each month.Make monthly payments on time. ...Keep a low utilization ratio. Understand your credit card terms. Don't open too many accounts in a short period of time.

Explanation:

....

I hope this is helpful?

The number of factors is 3 because of the laborers in this sentence

Macmillan Toys Inc. is looking to expand internationally and wishes to develop a new product line that is highly localized while keeping their cost structure below that of their rivals. Macmillan Toys Inc. has been successful with implementing a blue ocean strategy in their main strategic business units and as such wishes to pursue a ________ strategy for their international operations. Multiple Choice transnational multidomestic international global standardization

Answers

Answer:

Multi domestic strategy

Explanation:

Blue Ocean strategy is one in which a company puts emphasis on having a product that had more quality than the competition.

This implies that the company can make more profit as consumers are willing not pay higher price for the product.

Macmillan Toys Inc. is looking to expand internationally and wishes to develop a new product line that is highly localized while keeping their cost structure below that of their rivals.

They can do this by adopting the multidomestic strategy.

This strategy is designed to get maximum local response by tailoring the product and marketing approach to the country in which they are selling.

So different countries will have their unique product specifications

Macmillan Toys Inc. has been successful with implementing a blue ocean strategy in their main strategic business units and as such wishes to pursue a Transnational strategy.

What is a Transnational Strategy?

A transnational strategy is adopted by businesses that wish to conduct their affairs across various nations.

This strategy ensures that there is cooperation and synergy between all the operational branches of the nation across the world. This strategy will be adopted by Macmillan Toys Incorporated.

Learn more about Transnational Strategy here:

https://brainly.com/question/25629927

A project with a zero net present value indicates that it is acceptable. unacceptable. going to have an acceptable cash payback period. profitable.

Answers

Answer:

acceptable.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.

A project with a zero net present value indicates that it is acceptable.

This ultimately implies that, investors and project managers are advised to only invest in projects that are having a positive net present value that is greater than or equal to zero.

In the challenging world of retail sales, Macy's, Inc.'s (M's) revenues are declining while expenses are generally flat. Based on recent conversations with management at Macy's, analysts believe that dividends will decline at a rate of 7% perpetually. The firm just paid a dividend of $5.10 per share and the required return on the stock is 3%
a) At what price should a share of M stock sell today? (2 pts.)
b) Calculate what the stock should sell for 8 years from now. 12 pts.)
c) Briefly explain, perhaps with the aid of a single calculation, why an investor would still be interested in buying the stock today even though the stock price is predicted to fall acrosats time. (2 pts.)

Answers

Answer

a) Gordon's Constant Growth model : P0 = D1 / (r-g)

r = 3% =0.03 , g= -7% = -0.07 , D0 = $5.1

D1 = D0*(1+g)

D1 = 5.1*(1-0.07)

D1 = $4.743

P0 = 4.743/(0.03- (-0.07))

P0 = 4.743/0.10

P0 = $47.43

So, Stock M should sell at a price of $47.43 today

b) Price 8 years from now

==> P8 = D9/(r-g)

P8 = D0*(1+g)^9/(r-g)

P8 = 5.1* (1-0.07)^9 / (0.03- (-0.07))

P8 = 5.1*0.52041108298  / (0.03- (-0.07))

P8 = 2.65410

P8 = $26.54

c) Investor may want to buy the stock today for the Dividends. If the dividends paid are high enough, the present value of the dividends is also high and may more than compensate the fall in stock price. This type of stocks work and give cash flows like a project where the initial cashflows are higher and later cashflows are less because of market factors.

Which factor would credit card companies most likely use to determine an
applicant's creditworthiness?

A. Hourly wages

B. Languages spoken

C. Political party

D. Size of family

Answers

A factor that credit card companies would most likely use to determine an applicant's creditworthiness is Hourly wages.

Credit card issue

When you apply for a credit card, you’re required to share an array of personal information on your application. This will include details like your name, address, Social Security number and current employment status. You’ll also be asked to list your income on your application, although the type of income card issuers ask for can vary depending on the card issuer.

Determination of hourly wages

Not all credit card issuers will ask for your annual net income. Some may explicitly ask for your gross income. If you are paid an hourly wage, on the other hand, you may need to figure out your gross income using last year’s tax return or by multiplying your gross weekly income by the number of weeks you work within a year.

Thus, A factor that credit card companies would most likely use to determine an applicant's creditworthiness is Hourly wages.

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Excerpts from Sydner Corporation's most recent balance sheet appear below: Year 2Year 1 Current assets: Cash$ 142$ 161 Accounts receivable, net212232 Inventory244203 Prepaid expenses1111 Total current assets$ 609$ 607 Total current liabilities$ 364$ 335 Sales on account in Year 2 amounted to $1,415 and the cost of goods sold was $915. The current ratio at the end of Year 2 is closest to:

Answers

Answer: 1.67

Explanation:

Current ratio is calculated by dividing the Current Assets by Current liabilities and measures to what extent current assets can be used to cover current liabilities if need be.

Current Liabilities year 2= Current Assets/ Current Liabilities

= 609/364

= 1.67

Why should a notary signing agent learn all about the closing documents in a loan package if they are not allowed to provide advice or counsel?

Answers

Answer:In American law, a signing agent or courtesy signer is an agent whose function is to obtain a formal signature of an appearer to a document. In common parlance, most jurisdictions require the appearer to sign before a notary public. From this, the practice of a notary public designating themselves as a signing agent has arisen. There are notaries public who specialize in the notarization of real estate transfer and loan document signings. Signing agents often have certification and training through private organizations, but is not a requirement in law, although it may be a requirement of the lender in the oversight of real estate transaction document signatures.

Explanation:

A notary signing agent learns all about the closing documents in a loan package if they are not allowed to provide advice or counsel :

A marking specialist or kindness endorser is an specialist whose work is to get a formal signature of an showed up to an archive. In common speech, most wards require the showed up to sign some time recently a public accountant public. They will be able to let the borrower know where to put his signature and other beginning lines the borrowers ought to fill. Also, to know when to coordinate the borrower to the credit officer or other designated agents when necessary. It is concluded that the Public accountant Marking Operator isn't permitted to guide the borrowers, but as it were to guarantee they sign the papers appropriately.

Learn more :

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Match the characteristic described with the market or markets it applies to. Each characteristic can have multiple answers and each market type can be used multiple times. can earn economic profit in the long run produces at lowest possible average cost in the long run the pricing choices of one firm have a dramatic effect onother firms in the market faces a downward sloping demand curve usually faces entry from new firms is typically protected by barriers to market entry

Answers

Answer:

1. Can earn economic profit in the long run - MONOPOLY AND OLIGOPOLY

Monopolies and Oligopolies both have less competition in their market types which means that they can make economic profit in the long run.

2. Produces at lowest possible average cost in the long run - PERFECT COMPETITON

With so many firms involved in the market in the long run, firms come up with cost cutting strategies to enable them stay in business.

3. The pricing choices of one firm have a dramatic effect on other firms in the market - OLIGOPOLY

As there are few firms in such a market, the prices that one firm has can influence the choices of other firms. If one firm increases prices, the others could reduce prices to capture market share or collude and increase their own prices as well.

4. Faces a downward sloping demand curve - MONOPOLY, OLIGOPOLY, MONOPOLISTIC COMPETITION

All three of these markets face a downward sloping demand curve because they have to decrease their prices to sell more goods.

5. Usually faces entry from new firms - PERFECT COMPETITON and MONOPOLISTIC COMPETITION

Both these markets se firms entering and exiting because there are no barriers to entry.

6. Is typically protected by barriers to market entry - MONOPOLY and OLIGOPOLY

These two have barriers to entry that restrict the number of firms in the market.

Peter has just paid $100 for a comic book, not because he thinks it is worth $100 or because he likes comic books, but because he thinks he can sell it for $200 next month. Peter is:

Answers

Answer:

investing

Explanation:

buying somthing to sell later because of the profit

Construction ManagementA construction company is building a new neighborhood, and they are currently working on the design. Each house will be built using one of three main materials (e.g., wood, brick, or concrete), but no side-by-side houses can be made of the same material. Because each house will be of varying size and complexity, the cost of the materials for each house varies. Given the cost of using each material for each house, what is the minimum cost needed to complete the neighborhood

Answers

Answer:

Answer is described below.

Explanation:

POINTS TO NOTE:

1. Each house will be built using one (only one) of three major building materials - wood, brick, concrete.

2. The linear (in a line or side-by-side) arrangement of the houses will be such that no house will have the same material as the one beside it.

3. The cost of materials for each house will vary.

ANSWER: The minimum cost needed to complete the neighborhood depends on two things;

- The cost of each type of house (cost of a wood house, cost of a brick house, cost of a concrete house)

- The number of each type of house to be built. Or, the number of houses to be built; bearing in mind that they must be arranged without consecutive repetition. Hence, how much will a wood house cost? How much will a brick house cost? How much will a concrete house cost?

Knowing these, the minimum cost needed to complete the neighborhood can be found. If it's going to be 6 houses in the neighborhood for instance and a wood house costs $40, a brick house costs $50 and a concrete house costs $60; the minimum cost to set up the neighborhood will be:

2(40) + 2(50) + 2(60) = 80+100+120 = $300

The number of each type of house will be 2 because same-material houses cannot stay side-by-side. If the rule wasn't there and all the houses were to be concrete, the total cost would be 6(60) = $360

ABC Inc.'s capital structure is 40% debt, 15% preferred, and 45% common equity, and its tax rate is 40%. For financing, (a) ABC sold a non-callable bond several years ago that now has 15 years to maturity with 8% annual coupon, paid semiannually, at a price of $1,065, and a par value of $1,000. (b) ABC sold a perpetual preferred stock for $95.50 per share, with a $7.50 annual dividend and a flotation cost of 3.00% of the price. (c) ABC also has beta

Answers

Answer:

The answer is B (im pretty sure)

Hope this helps plz consider marking brainliest

Explanation:

Management anticipates fixed costs of $74,200 and variable costs equal to 35% of sales. What will pretax income equal if sales are $342,000?
A. $119,700.
B. $148,100.
C. $267,800.
D. $45,500.
E. $183,750.

Answers

Answer:

Pretax profit= $148,100

Explanation:

Giving the following information:

Management anticipates fixed costs of $74,200 and variable costs equal to 35% of sales.

Sales= $342,000

To calculate the pretax profit, we need to use the following formula:

Pretax profit= sales*contribution margin rate - fixed costs

Contribution margin rate= 1 - varaible cost rate

Contribution margin rate= 0.65

Pretax profit= 342,000*0.65 - 74,200

Pretax profit= $148,100

Vital Silence Corp. has just issued a 30-year callable, convertible bond with a coupon rate of 6.4 percent and annual coupon payments. The bond has a conversion price of $93.40. The company's stock is selling for $28.60 per share. The owner of the bond will be forced to convert if the bond's conversion value is ever greater than or equal to $1,140. The required return on an otherwise identical nonconvertible bond is 7.4 percent. Assume a par value of $1,000.
a. What is the minimum value of the bond?
b. If the stock price were to grow by 10.8 percent per year forever, how long would it take for the bond's conversion value to exceed $1,140?

Answers

Answer:

a. $880.74

b. 13 years

Explanation:

a.  Conversion ratio = Current Value of bond / Conversion price  = 1,000 / 93.4 = 10.71

Conversion price of bond = 10.71 × 28.60  = $306.31

Coupon = Par value of bond * Coupon rate  = $1,000 * 6.4% = $64

Present value of straight debt is calculated below:

Present Value = $64 × [1-(1+7.4%)^-30 / 7.4%] + [$1,000 / (1+7.4%)^30]

= $64*11.93 + $117.46

= $763.28 + $117.46

= $880.74 .

Therefore, the minimum value of bond is $880.74

b. Conversion ratio = 10.71

Current stock price = $28.6

Suppose number of year the stock will take to reach above $1,140 is t.

Conversion value = Current stock price * Conversion ratio*(1+10.8%)^t

$1,140 = $28.6 * 10.71 * (1.108)^t

(1.108)^t = 3.7218

t = 12.8145 year.

t = 13 years

Stock in CDB Industries has a beta of .97. The market risk premium is 7.2 percent, and T-bills are currently yielding 4.2 percent. The most recent dividend was $2.60 per share, and dividends are expected to grow at an annual rate of 5.2 percent indefinitely. If the stock sells for $48 per share, what is your best estimate of the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

11.04%

Explanation:

Using CAMP

Cost of Equity= Risk Free rate +Beta *Market risk Premium

= 4.2% + 0.97 *7.2%

= 11.18%

Using Dividend Discount Model:

Cost of Equity = (D1 / P0)+g

g= Growth rate =5.2% =0.052

D1 = Current Dividend * (1+g) = 2.60 * (1 +0.052) = 2.7352

P0 = Current Price =$48

Hence Cost of Equity = (2.7352 /48) + 0.052

=0.10898

=10.90%

Average Cost of Equity = (11.18+ 10.9 )/ 2  = 11.04%

We can express a firm in terms of a call/put option. In this context, the equity in the firm is like the (a) with its strike price being the face value of debt. From another perspective, stockholders position is equivalent to holding a portfolio of a long
2 position of the (b), a short position of the (c), and a long position of the (d). Which of the following has the correct answers for blanks (a)-(d) in that order?
A. futures on the firm; firm; put option on the firm; risk-free zero-coupon bond
B. put option on the firm; firm; call option on the firm; risk-free zero-coupon bond
C. call option on the firm; firm; put option on the firm; risk-free zero-coupon bond
D. put option on the firm; firm; risk-free zero-coupon bond; call option on the firm
E. call option on the firm; firm; risk-free zero-coupon bond; put option on the firm

Answers

Answer:

E. call option on the firm; firm; risk-free zero-coupon bond; put option on the firm

Explanation:

As we know that

If we add the stock price and the put i.e. equivalent to the call and the risk free bond

In an equation form, it can be presented below

Put + stock price = call + PV(risk free bond)

So according to the above equation form, the option E is correct as it fits to the current situation given in the question

Hence, the correct option is E

And, the rest of the options are wrong

Jill runs a factory that makes lie detectors in Little Rock,Arkansas.This month,Jill's 34 workers produced 690 machines.Suppose Jill adds one more worker and,as a result,her factory's output increases to 700.Jill's marginal product of labor from the last worker hired equals ________.A) 10B) 20C) 690D) 700E) None of the above answers is correct.

Answers

Answer:

1077927

Explanation:

*$-$)7794459०२2८जेइकेप्ग्व्व्ज्सोबीओस्क्ब्सु

स्ज्व्ह्जेहेगेओज्स्ज्स ज्श्स्सीज्झ्र्‍क

All employees of United Company are covered by a group hospitalization insurance plan, but the employees must pay the premiums ($8,000 for each employee). None of the employees has sufficient medical expenses to deduct the premiums. Instead of giving raises next year, United is considering paying the employee's hospitalization insurance premiums. If the change is made, the employee's after-tax and insurance pay will:

Answers

Answer:

a.Increase more for the higher income (35% marginal tax bracket) employees.

Explanation:

As in the question it is mentioned that the United company will pay the premium of $8,000 on behalf of each employee so it would be compensated from the salary of the employee and it could be comes under the taxable income

Therefore as per the given options, the option a is correct as it would be taxed at 35% tax rate from the salaries of the employees

Therefore all the other options are incorrect

a ____ is paid work that gives you experience to lead to a new job
A. Career
B. Job
C. occupation
D. Skill

Answers

Answer:

B. Career.

Explanation:

A Career is an Occupation where you can earn better jobs in any given field with progress and experience.

Estes Park, Inc., has declared a dividend of $6.20 per share. Suppose capital gains are not taxed, but dividends are taxed at 30 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $113 per share, and the stock is about to go ex-dividend. What do you think the ex-dividend price will be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

the ex-dividend price is $108.66

Explanation:

The computation of the ex-dividend price is shown below:

The Aftertax dividend is

= Dividend × (1 - tax rate)

= $6.20 (1 - 0.30)

= $4.34

Now the exdividend price is

= Selling price of a share - after tax dividend

= $113 - $4.34

= $108.66

hence, the ex-dividend price is $108.66

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

On January 1, 2020, Novak Corp. had inventory of $56,500. At December 31, 2020, Novak had the following account balances.
Freight-in $4,800
Purchases 509500
Purchase discounts 8000
Purchase returns and allowances 2700
Sales revenue 807000
Sales discounts 6000
Sales returns and allowances 10,900
At December 31, 2020, Novak determines that its ending inventory is $66,500.
Required:
Compute Novak's 2020 gross profit.
Compute Novak's 2020 operating expenses if net income is $143,000 and thre are no nonoperating activities.

Answers

Answer:

Gross Profit ⇒ $296,500Operating expenses ⇒ $153,500

Explanation:

Gross Profit;

= Net sales - Cost of Goods sold

Net sales = Sales revenue - sales discounts - sales returns and allowances

= 807,000 - 6,000 - 10,900

=  $790,100

Cost of Goods sold

= Opening balance + Purchases + Freight-in - Purchase discounts - Purchase returns and allowances -closing balance

= 56,500 + 509,500 + 4,800 - 8,000 - 2,700 - 66,500

= $493,600

Gross Profit = 790,100 - 493,600

= $296,500

Operating Expense

Net Income =  Gross profit - operating expenses

143,000 = 296,500 - operating expenses

Operating expenses = 296,500 - 143,000

= $153,500

explain the scope of macro economic.​

Answers

It mainly covers the measure fundamentals which are macroeconomic theories and macroeconomic policies. ... Here the MacroEconomic theories involve economic growth and development, the theory of national income, money, international trade, employment, and general price level.

If on November 26,2017, The Dow Jones industrial average closed at 12,743.40, which was down 237.44 that day. what was the return (in percent) of stock market that day?

Answers

Answer:

-1.83%

Explanation:

The closing price was 12,743.40, which was down by .

it means that the opening price was

$12,743.40 +  $237.44 = $12,980.44.

The percentage return will be the

return/ original price x 100

=- - 237.44/12,980.44 x 100

=  - 0.018291574 x 100

=  - 1.83%

Define the three economic effects of oligopoly

Answers

Answer:

Some of the oligopoly effects are discussed as follows:

i. Restriction on output:

Implies that oligopoly results in small output and high prices as compared to other market structures, such as perfect competition.

ii. Price exceeds average costs:Implies that under oligopoly, there are restrictions on entry of new organizations. Thus, organizations charge prices more than the average costs. Therefore, consumers have to pay more in case of oligopoly market.

iii. Lower Efficiency:

Leads to non-optimum levels of output. This is because the output produced under oligopoly depends on the market share held by the organization. Thus, the oligopoly organizations fail to build the optimum scales of economies and achieve optimum output.

iv. Selling Costs:

Refer to high promotional costs. The oligopolists engage in high promotion tasks to take the share of its rivals. Thus, the resources are wasted in form of high selling costs which do not add to the satisfaction of customers.

Apart from aforementioned points, oligopoly shows the poor performance from various other angles. From the point of economic welfare, it fails to satisfy customers since the price charged is very high, even more than average costs. In addition, sometimes oligopolists may face wasteful fluctuations in output as the output is not determined optimally.

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