Exxon mobil and shell are two of the relatively few sellers in the oil-refining industry. Due to the tremendous capital investment required to enter this industry, these companies are insulated significantly from the threat of new competitive entrants and thus have considerable control over price. This market situation is referred to as a (n) :
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Exxon mobil and shell are two of the relatively few sellers in the oil-refining industry. Due to the tremendous capital investment required ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The tax treatment of corporate distributions at the shareholder level does not depend on: the character of the property being distributed. the earnings and profits of the corporation. the basis of stock in the hands of the shareholder.
Answers (1)
James wants to utilize his creativity in the advertising business. So, he plans to leave his shoe manufacturing business. He thinks of the investors, and looks for a worthy successor for his position in the shoe manufacturing business.
Answers (1)
To more fully capture mobile's contribution to a sale, advertisers need to consider what?
Answers (1)
Embezzlement, forgery and false swearing are examples of which of the following? A) Crimes of depravity B) Technical violations C) Crimes of moral turpitude D) Interference with justice
Answers (1)
Which of the following types of advertisements is particularly expensive 1: Internet Ads 2: Newspaper Ads 3: TV infomercials 4: Radio ads
Answers (2)
New Questions in Business
merchandise costing 1200 is sold for 2200 on term 2/30, n/60. If the customer pays within the discount period.
Answers (1)
Universal Containers has a private sharing model on Opportunities. The System Administrator has been asked to create a new custom object that will track customer payment information and will link to the Opportunity.
Answers (2)
8. Sam bought a house that costs $500,000. Sam got a 96% LTV loan. The lender demanded that Sam buy private mortgage insurance to insure the portion of the loan over 75% LTV. Suppose 5 years later, Sam's mortgage balance is $400,000.
Answers (1)
Which of the following items represents a document that includes detailed information on when an incident was detected, how impactful the incident was, and how it was remediated, in addition to incident response effectiveness and any identified gaps
Answers (1)
What should be shown directly below the date in a business letter? a. salutation b. return address c. inside address d. name and position of sender
Answers (1)