ladyjewel24 ladyjewel24

26-05-2021
Business

contestada

Eonomic profits result whenever only a few large competitors are active in a given market. discuss this statement

Respuesta :

economicsstudent2021 economicsstudent2021

26-05-2021

Answer:

Profits are a result of less competition.

Explanation:

The statement explains the possibility of profits when there are less competition in the market. Few large competition is the term used to define the less competition.

Answer Link

Otras preguntas

What is the name for the way in which different religious or philosophical beliefs are blended together, as exemplified by the architectural style of angkor wat

How did george gershwin learn to play the piano?

How did General William T. Sherman help bring the war to an end?

which term describes the changes that occur in an organism during its lifetime

did americans’ revolutionary ideas contradict their attitudes towards indians and slaves?

Name three characteristics of the federal position

Primates' enhanced ___________ led to a reduced sense of ___________. a. hearing; vision b. vision; smell c. vision; touch d. hearing; smell

Explain what it meant by the following, and illustrate with an example

How many atoms are there in five moles of water?

A fruit juice container holds 16 servings. If the servings size in 6 ounces, how many ounces does the container hold in all?