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 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

20. What is the equation of the line that passes through the points (–2, 2) and (0, 5)? A. y = x + 5 B. y = x – 5 C. y = –3/2x + 5 D. y = 3/2x +
One reason for making a new outline of your work while revising is to
Factor out 1/8 of 1/8x - 49/8
Which is the equation of the line? Analytic Geometry, Part 1 Question 12 options: x – 2y = 6 –2x + y = 6 –3x + 6y = 6 6x – 3y = 6
I need help with number 5 please.
a box contains 5 strips having 12 capsules of 500 mg medicine in each capsule find the total weight in grams of medicines in 32 such boxes? ​
3/5x + 5 = 4/5solve for x​
Math is hard help me pls
Which best describes the structure of dna
why do you think facial expression are important in communication process?