One Indication That an Industry Might Be Oligopolistic Is That

question 131

Multiple Choice

One indication that an industry might be oligopolistic is that prices change

• A)infrequently.
• B)frequently.
• C)in rhythmic patterns.
• D)on a regular, periodic basis.

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Definitions:

Borrowing Rate

The interest rate charged by banks or financial institutions on loans to their customers.

Accruals

The accounting practice of recording revenues and expenses when they are incurred, regardless of when cash transactions occur.

Vendor Invoices

Documents issued by a supplier to the purchaser detailing the sale transaction and requesting payment.

Working Capital Financing Policy

A strategy used by businesses to determine how to fund their operational needs and manage short-term assets and liabilities.