Answer:
Check the explanation
Explanation:
As some bookstores exit the market, the demand curve faced by a remaining bookstore will shift to the right. The demand curve may also become less elastic because consumers will have fewer other stores to buy from. After the exit of the competing stores, this store is expected to break even.
Explanation - since some firms have left the Market so fewer firms will be left the demand will become less elastic because of the less options available to the consumers
Answer:
Option A.
Explanation:
Bank credit refers to the total amount of credit which is available to an individual or a business from a banking institution. It is the total amount of combined funds which financial institutions can provide to an individual or business.
A business or an individual's credit approval will depend on the following:
- borrower's credit rating,
- income,
- collateral,
- assets,
- pre-existing debt,
- total amount of credit available in the banking institution, etc.
It is to be noted that the current rates of extinction as relates to certain animals and plants species show the rates to be higher than the mass extinctions at the end of the Cretaceous Period.
<h3>What is the rate of extinction?</h3>
Rates of extinction simply refer to how quickly species are becoming non-existent.
The rates are said to be on the average of 100 E/MSY. In 2020 for instance about 15 species (according to IUC) were declared extinct.
E/MSY is Extinctions per Million Species-Years. The correct answer, thus, is C.
See the link below for more about rates of extinction:
brainly.com/question/17525293
Answer:
The answer is is measured as the combined loss of consumer surplus and producer surplus.
Explanation:
Deadweight loss refers to the loss of economic efficiency when the equilibrium outcome is not achievable or not achieved.