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fiasKO [112]
4 years ago
9

What do firms stand to gain by increasing their market power?​

Business
1 answer:
balu736 [363]4 years ago
8 0

Increasing market power allows firms to raise prices and not lose customers. This is a way to increase revenues without increasing cost.

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when you love your job, the opportunity cost of working is _____ the opportunity cost if you dislike your job.
Natalija [7]

Answer:

five star hahahhahhah

Explanation:

if you live your job so make it the brainliest answer hahhah

3 0
3 years ago
a buyer of a house with a sales price of $100,000 is paying a $10,000 down payment as well as 2 discount points and 2 points for
Fofino [41]

Answer:

total cost of the points is $3600

Explanation:

given data

sales price = $100,000

paying = $10,000

discount points = 2

loan origination fees = 2 point

to find out

total cost of the points

solution

we know here total point is 2 + 2 = 4

and here 1 point is 1 % of loan amount

loan amount is = sale price - paying

loan amount = 100000 - 10000 = $90000

so 1 point is 1% of $90000 = $900

4 point mean  4 × $900 = $3600

so that here for 4 point

total cost of the points is $3600

3 0
4 years ago
Suppose you are the lead underwriter for a start-up company. The company plans to sell 10 million shares at the price of $46 per
ella [17]

Answer: 11.5 million shares

Explanation:

The demand for the new shares is 20 million at the IPO price and the company plans to sell 10 million shares only.

Demand therefore exceeds supply so you as the lead underwriter will have to exercise the over-allotment option of 1.5 million additional shares provided to you.

Total shares you allocate will be:

= 10 + 1.5

= 11.5 million shares

6 0
3 years ago
Efficiency means that a. society is conserving resources in order to save them for the future b. society's goods and services ar
balandron [24]

Answer:

D) society is getting the maximum benefits from its scarce resources.

Explanation:

In free market economies (or capitalist economies), efficiency is measured by how much benefits can be obtained by using scarce resources. The higher the benefits obtained, the more efficient societies are.

No country is purely capitalistic or pure socialist, but some tend to be more capitalistic (e.g. US) while others tend to be more socialistic (e.g. North Korea).  Capitalistic countries favor free markets and less government intervention, and that usually results in higher income inequalities, higher unemployment, but also higher total wealth. That is why social safety nets are established in capitalistic countries, e.g. Social Security, Medicare, welfare, food stamps, etc.  

4 0
4 years ago
The reason that the​ fast-casual restaurant market is monopolistically competitive rather than perfectly competitive is because
Natali5045456 [20]

Answer:

B. products are differentiated

Explanation:

there are many firms (starbucks, seattles best, and a bunch of others), entry in to the market is not blocked, anybody can start a coffeehouse, and barriers to entry are very low. These are reasons that the market is not purely monopolistic or oligopoly. Differentiated products is the feature of monopolistic competition that applies here

3 0
3 years ago
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