Answer: Option (B) is correct.
Explanation:
Concentration ratio reflects the level of competition among the firms in an industry. When a concentration ratio is lower in an industry, it represents that greater the competition among the firms and if this ratio is around 100% then there is no competition among the firms, it is a situation of monopoly.
If you find a strategic partner or contact friends to test out your new idea, you are using the <u>entrepreneurial</u> method.
<h3>What is entrepreneurial?</h3>
Entrepreneurial can be defined as the process in which a person take the risk to engage in a business due to the profit they will generate from the business.
Entrepreneurial method or process has to do with finding someone that will help to test your new idea.
Therefore if you find a strategic partner or contact friends to test out your new idea, you are using the <u>entrepreneurial</u> method.
Learn more about Entrepreneurial here:brainly.com/question/22477690
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Answer:
B. decreases from 10 to 6.25.
Answer:
C. a higher price and produce a smaller output than a competitive firm.
Explanation:
A monopolistic producer will charge a higher price when confronted with the same unit cost data. The producer will also produce less of the item to make it appear more in demand. In turn, this allows the producer to make more money by spending less on labor and materials. Their overhead is reduced as well. This is seen as a competitive way to market their product and make it seem better and that it sells faster so keeping up with demand is difficult, even though it is completely false.
Answer:
In order all answered :)
Explanation:
He throw the winning touchdown.
Televising their teams and marketing their university to the world. They make millions.
They are exploited to the tune in almost 15 million. The riches they create and are not given the education they are promised.
Ohio state football players received free tattoos and exchange for memorabilia. The players were suspended and had to repay the cash as well as the value of the tattoos. Unpaid athletes were fined by a billion-dollar organization that's gets paid by sponsors to decorate the athletes in corporate logos.
The Students spend too much time on their sports and not enough time on their school work.
I do not agree since the students have to spend most of their time playing sports instead of doing their school work, and yet the coaches expect them to pass classes and as soon as the players or no longer vital in the game they don’t get there scholarship for the following year, which is highly unfair.
I do believe that college athletes should be paid because they work and play. They can lose their spot so quick they also create the money that the coaches get.
I do believe the lawsuit against NCAA would be successful because there are so many athletes that are standing up. Other political people are noticing things and standing up and most importantly it is a rule that they get paid for the money the create by there name and being on the team.
I do believe fan of college sports should be concerned and I believe this because what it means to be a fan is to feel like you are with the brand and why would you want to associated yourself with injustice. There are also so many fans that can help do something about it.
I do not think it's fair for college athletes to sign a contract stating their likeness and image can be used by the NCAA forever without receiving any compensation. I believe this because it is wrong they create the money that these people get from games they should get a decent amount of it.