Which of the Following Factors Tends to Foster the Development

question 108

Multiple Choice

Which of the following factors tends to foster the development of an oligopoly?

• A)economies of scale
• B)foreign competition
• C)antitrust legislation
• D)low barriers to entry

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Definitions:

Inventory Period

The average time a company holds inventory before selling it, directly affecting cash flow and storage costs.

Cost of Goods Sold

The direct expenses associated with manufacturing goods sold by a company.

Accounts Payable Period

The average number of days it takes for a business to pay its invoices from suppliers.

Accounts Receivable

The money owed to a business by its clients or customers for goods or services provided on credit.