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Julli [10]
3 years ago
12

The University of California at Irvine (UCI) allows student organizations and private firms to sell items on campus to raise fun

ds for various activities. Many of the organizations sell boba, a Taiwanese tea drink, because boba is popular with students. The market for boba on the UCI campus is very competitive. If legislation is passed to restrict the entry of private firms into the boba market at the UCI campus, the
Business
1 answer:
Nikitich [7]3 years ago
8 0

Options Available Are:

A. Demand for boba would increase.

B. Demand for boba would fall.

C. market would become more competitive.

D. Supply for boba would increase.

E. Market would become less competitive.

Answer:

Option E. Market would become less competitive.

Explanation:

The restriction of entry of private firms into boba market will increase the barriers to entry thus lowering the market entrants and minimizing the market. Furthermore, this lowering of market entrants will encourage the market players to increase the price of boba in the next few months which means that the market is less competitive.

Hence the option E is correct here.

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Use information from the Washington Post article "Why We've Been Hugely Underestimating the Overfishing of the Oceans" to determ
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Answer:

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Explanation:

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On october 4, 2017, terry corporation had credit sales transactions of $2,500 from merchandising having a cost of $1,900. the en
Arturiano [62]

I believe that this problem has the following choices:

 

> a debit of $2,500 to Merchandise Inventory.

> a credit of $2,500 to Sales.

> a debit of $1,900 to Merchandise Inventory.

> a credit of $1,900 to Cost of Goods Sold.

 

The correct answer from the choices is:

<span>> a credit of $2,500 to Sales
</span>

 

<span> </span>

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