Assume declining profits in the market for Internet service force several firms in the area to drop out of the market. All else constant, this would cause the:

Question

02-07-2021
Business

Answered

Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Ask your questions and receive precise answers from experienced professionals across different disciplines. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Assume declining profits in the market for Internet service force several firms in the area to drop out of the market. All else constant, this would cause the:

Sagot :

We appreciate your time. Please come back anytime for the latest information and answers to your questions. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.

The cone in the figure below has a volume of 722 cubic centimeters and a height of 6 centimeters. What is the radius of the base of the cone, in centimeters?

1+9x=80 Find for x Kid can’t figure it out and I don’t know this stuff

Solve the equation for x. 5x - ( 4x - 1) = 2 1 a. C. 1 9 bi b. - 1 d. 1

In part A of the lab we see that the magnetic field of a long straight wire __. a. increases with distance in a linear relationship b. increases with distance i

x-(-4x-(y + y)); use x = -4, and y = -3 evaluate

Which of the following is true of smoking tobacco of any kind?A. It results in more frequent headaches and shortness of breath.B. It causes cancer of the lung

A man with a Body Mass Index (BMI) measuring at 27% would fall into what range? Athletic Fit Average Obese

Each student of a class contributed as many 5 rupees as the numbers of the students in the class.Find the number of the students in the class if the total colle

Which court would hear this case? Ed was pulled over for driving 20 mph over the speed limit on 1-795. The officer issued Ed a speeding ticket which he feels is

Read the excerpt from Act II of Hamlet. Guildenstern: Prison, my lord! Hamlet: Denmark’s a prison. Rosencrantz: Then is the world one. Hamlet: A goodly one;

Priatouri Priatouri · Answer 1 · 2021-07-06T20:48:22-04:00

Priatouri Priatouri

06-07-2021

Answer:

Equilibrium quantity will decrease and Price will increase.

Explanation:

The decrease in the number of firms will result in a decrease in supply or quantity in the market. As the quantity decreases, the prices tend to increase. Therefore, the drop of firms in the market will decrease the supply and increase the price.

Answer Link

Sagot :

Other Questions