Question
Consider a market with a few dominant firms that sell
differentiated products and engage in strategic pricing behavior. These firms often react to each other's price changes and promotional activities. Which of the following market structures best describes this scenario?Solution
An oligopoly is characterized by a few large firms that dominate the market. These firms are interdependent, meaning their actions, such as price changes or advertising campaigns, can significantly impact the other firms in the market. This interdependence often leads to strategic behavior, such as price wars or collusion.
Which of the following is an example of capital expenditure?
Which of the following statement is incorrect?
Depreciation is applicable to:
SA 700 guides auditors on forming an opinion and reporting on financial statements. When an unmodified opinion is given, the report must include a secti...
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Which of the following is true about stock options granted to employees (share-based payments) under Ind AS 102?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
Which banking transaction involves the transfer of funds from one bank account to another electronically, often used for paying bills or making purchases?
A firm extends credit from 30 to 60 days to push sales, increasing receivables by ₹5 crore. Cost of capital is 12%. What is the annual carrying cost?
What are the reasons for differences between the bank balance and book balance?
