Answer: Option B and C
Explanation: In simple words, oligopoly refers to the market structure in which there are few firms operating at a huge level and selling products that are close but not absolute substitutes of each other.
The high level of investment and too much of legal formalities makes it difficult to entry in such industries. Firms in such industries produce identical goods thus they do not compete in the amaretto with respect to price.
the firms operate their market on the basis of non price factors such as advertisements but still are mutually interdependent on each other as a minor decrease in price of other can deregulate the demand in the whole industry. Automobile sector is one the primary examples of oligopoly.
Answer:
Pension benefit plan
Explanation:
A pension benefit plan is one where an employee promises to make a lump payment or a series of payments to an employee on retirement.
There is a guaranteed payment for the employee upon retirement.
It includes employee's pay, years of employment, and age at point of retirement.
As the pension benefit plan takes into consideration the number of years served by the employee it will be a perfect fit for Mr. Reuben's staff.
Answer:
The correct option is D) reduce test scores by 4.56 for every school district.
Explanation:
Based on the information in the question, the relationship between test scores and the student-teacher ratio can be mathematically written as follows:
x = 698.9 - 2.28y .................... (1)
Where,
x = test scores
y = student-teacher ratio
The a slope of (-2.28) indicates the amount by which x will change whenever there is a change in y.
Therefore, when there is a decrease in the student teacher ratio by 2 (i.e. y = 2), we will have:
Change in x = -2.28 * 2 = -4.56
The negative sign therefore indicate that the test scores will reduce by 4.56 for every school district. Therefore, the correct option is D) reduce test scores by 4.56 for every school district.
Answer:
North American Free Trade Agreement.
Explanation:
The regional trade agreement between Canada, Mexico, and the United States to eliminate tariffs and non-tariff barriers between themselves is known as the North American Free Trade Agreement. The North American Free Trade Agreement (NAFTA) has been signed as an agreement between Mexico, Canada and the US in January, 1994. This agreement basically superseded the Canada-United States Free Trade Agreement which was an agreement between Canada and the US. This agreement is recognized as one of the largest blocs in term of its GDP. The main goal and agenda of the North American Free Trade Agreement (NAFTA) was to eradicate the trade and investment blockage between these three countries in order to generate more freely processing of the trade activities in these three countries.