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.
Answer:
product drugs
Explanation:
can mess you up mentally and is bad for you and is banned to use and the more you use it the more you will be addicted
Answer:
b. willingness to pay
Explanation:
Willingness to pay is the term used for the economic value of the good to a person willing to buy under some given conditions. In this situation there is a silent auction which requires willingness of participant to pay the painting under auction. There is no competition involved and in absence of any comparison of prices b. willingness to pay is appropriate term to be used for this.
Answer:
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