1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
agasfer [191]
3 years ago
13

This year three manufacturers of mattresses have closed shop and there is only one mattress manufacture left. With few additiona

l competitors what will likely happen to the supply of mattresses?
Business
1 answer:
Rainbow [258]3 years ago
8 0

Answer:

the supply will decrease causing an increase in pricing on mattresses.

Explanation:

Monopolism occurs when only one supplier produces a product with no other competitors. They control the supply and price of commodities.

Since other mattresse sellers have closed shop, the final seller will have monopoly of the mattresse market.

In order to maximise revenue he will reduce supply and increase prices so that customers will have no choice but to buy the scarce mattresse at higher price.

You might be interested in
_____________ helps companies tap into the massive volume of customer opinions expressed online. media mining text mining unstru
Sindrei [870]

Text mining helps companies tap into the massive volume of customer opinions expressed online.

<h3>What is text mining?</h3>

Similar to text analytics, text mining is the technique of extracting high-quality information from text. It is also known as text data mining. It entails "the automatic extraction of information from several written sources to create new, previously unknown information by computer."

The process of converting unstructured text into a structured format with the purpose of identifying significant patterns and fresh insights is known as text mining, also known as text data mining.

Natural language processing is used automatically in text mining to glean insightful information from unstructured material. Text mining automates the process of categorizing texts by sentiment, topic, and intent by converting data into knowledge that computers can comprehend.

To learn more about text mining visit:

brainly.com/question/28148157

#SPJ4

4 0
2 years ago
Judd Corporation has a weighted average cost of capital of 10.25%, and its value of operations is $57.50 million. Free cash flow
earnstyle [38]

Answer:

The expected year-end free cash flow is $2.44 million

Explanation:

The formula to compute free cash flow is shown below:

Value of operations = (free cash flow) ÷ (weighted average cost of capital - growth rate)

$57.50 million = free cash flow ÷ (10.25% - 6.00%)

$57.50 million = free cash flow ÷ 4.25%

So, free cash flow equal to

=  $2.44 million

The growth rate should always be deducted from the weighted average cost of capital in computing the year ending free cash flow.

6 0
3 years ago
When is halfway through the grade school year?
wel
1 semester.  there are two semesters in a school year.
8 0
3 years ago
What negatively affects small businesses?
Tatiana [17]
The answer is D I think
3 0
3 years ago
Read 2 more answers
10. Which of the following best describes a trial balance?<br>​
ExtremeBDS [4]
I’m sorry I don’t see where it says the following
4 0
3 years ago
Other questions:
  • The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
    5·1 answer
  • Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1
    11·1 answer
  • How can a renter reduce the amount of money he or she spends on monthly
    13·1 answer
  • Assume that new technology develops a substitute for DVDs. How will the price elasticity of demand for DVDs be impacted?
    11·1 answer
  • A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.
    13·1 answer
  • A developer of a new townhome community estimates that there will be 1,200 home (all types) sales in University City over the ne
    13·1 answer
  • What is the purpose of dark tourism​
    14·2 answers
  • Managers can help to change the organization's culture by paying attention to which ______ they use as narratives to symbolize t
    10·1 answer
  • 5. What is the difference between your assets and your liabilities known as?
    10·2 answers
  • Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!