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kap26 [50]
2 years ago
11

There is no direct competition in a particular industry, yet a firm operating in such an industry will have almost no control ov

er pricing. This industry is an example of _____.
Business
1 answer:
nikklg [1K]2 years ago
5 0

Answer: regulated monopoly

Explanation:

A monopoly is a form of business whereby whereby there's only one seller in a particular market.

When there is no direct competition in a particular industry, and yet such firm is operating in such an industry will have almost no control over pricing, this is a regulated monopoly. Government regulates monopoly so that the interest of consumers will be protected.

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o-na [289]

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C. Often pay a lower interest rate during the first few years.

Explanation:

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You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,6
sweet [91]

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

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3 0
3 years ago
Which statement best describes the difference between a market and traditional economy
icang [17]

Answer:  in a traditional economy, decisions are based on habit and custom

Explanation:

4 0
1 year ago
The necessity of marketing and advertising for any business
tekilochka [14]

Answer:

Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it

Explanation:

4 0
2 years ago
Parne Two large American beer producers have decided to merge and seek government approval. They claim that by joining forces th
leonid [27]

Answer:

The correct answer is letter "A": Beer prices will go down.

Explanation:

Usually, when two large companies merge they take most or almost all part of their market causing a monopoly. This implies the recently-merged company to set the price of the goods according to what they believe is suitable which does not necessarily match with the consumers' expectations. However, for the companies in the case to prove the government that the merger will benefit the economy, they must show that the price of the beer will go down which is the opposite of what is expected under other regular situations.

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