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1 Mar 2018

8) The number of Canadian employed by small businesses is approximately: a) 10% of the total workforce 20% of the total workforce 50% of the total workforce 98% of the total workforce

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Jean Keeling
Jean KeelingLv2
2 Mar 2018
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Related questions

Theoretical probability is:

a) The total number of ways something can happen divided by the total number of possible outcomes.

b) the like hood of something happening based on reasonable estimates by a trained professional

c) The total number of successful trials of an experiment divided by the total number of trials of an experiment

d) the same as odds

 

5) The price of coffee beans rises on the international market by 5%. Because of its higher raw material costs, The Highland Creek Coffee Shop ( a local coffe shop located about a mile from UTSC) raises the price of its regular sized coffee by 5%. The Mom and Pop Coffee Shop at the corner of Kingston Road and Morningside also raises its prices by 5.% Ed's Shed, a coffee shop on Ellesmere, raises its prices by 4%. At the same time, Starbucks raises the price of its coffee at all 400+ of its Canadian locations by 10%. This kind of pricing decisions would suggest that the market for coffee in Eastern Toronto, and the GTA is: a) b) c) perfectly competitive a monopoly an oligopoly monopolistic competition d)

22) Which one of the following is not a characteristic of an oligopoly? b) prices differ greatly a price change by one supplier usually produces a swift response from the others sellers try to differentiate their products a small number of sellers c)

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