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viktelen [127]
3 years ago
6

Suppose a market is initially perfectly competitive with many firms selling an identical product. Over time, however, suppose th

e merging of firms results in the market being served by only three or four firms selling this same product. As a result, we would expect
Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

a decrease in market output and an increase in the price of the product.

Explanation:

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it is option A

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Analyzing and Reporting Financial Statement Effects of Transactions M.E. Carter launched Carter Company, a professional services
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$18,000

Explanation:

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2 years ago
If the Mount Lemmon fire district attempts to implement age diversity initiatives, but these initiatives are defeated because th
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2 years ago
The Sisyphean Company is considering a new project that will have an annual depreciation expense of $ 4 million. If​ Sisyphean's
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