Answer:
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Explanation:
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Answer:
The correct answer is: increase; reduce; increase; does not generate; consumers; producers and government
Explanation:
A quota is a trade restriction that limits the quantity imported of a good. An import quota on avocadoes will reduce the supply of avocadoes. This will cause the price of avocadoes to increase. This increase in price will reduce the consumer's surplus and increase the producer surplus.
A quota does not generate any revenue for the government.
This imposition of quota creates a deadweight loss for the society as the loss in consumer surplus is greater than the increase in producer surplus and government revenue.
Answer:
Price will likely be lowered and quantity supplied increased.
Explanation:
This is the case of exercising barriers to entry. Predatory pricing or limit pricing can be an effective strategic move here by the existing 5 companies.
In the strategies mentioned above, firms deliberately lower their prices even if it means a loss in the short run to force out any new entrants. Since the prices may be set lower than average total costs, it is extremely difficult for new entrants to make any profits and thus they might be forced out. This is also accompanied by an increased supply of fertilizers that helps these 5 companies exercise price control by influencing supply in the market. The equilibrium quantity thus increases in the market.
Hope that helps.
Answer:
Earns net income by buying and selling merchandise.
Explanation:
A merchandising company is an enterprise that buys and sells goods to earn a profit.
First, wholesalers sell to retailers. Second, retailers sell to customers.
A retail company is a company that sells products directly to customers, where a wholesale company is a company that buys items in bulk from manufacturers and resells them to retailers or other wholesalers.
A merchandiser´s primary sources of revenue is sales.
So, merchandising companies resell products they previously bought from suppliers.
The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.
<h3>What is Government agency?</h3>
The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.
The Government agency is defined as a public organization with the task to complete the work for the government.
The Government Contractor is a private business that works for the completion of the government work.
The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.
Learn more about Government agency, here:
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