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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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Compared to rail transportation, one of the advantages of shipping by truck is that trucks
ruslelena [56]

Compared to rail transportation, one of the advantages of shipping by truck is that trucks "Can reach more destinations".

<h3>What is rail transportation and road transportation?</h3>
  • Rail transportation: Train travel is another name for rail travel. It is a mode of transportation that uses cars that travel on tracks (rails or railroads). It is one of the most significant, frequently used, and highly affordable methods of transportation for both people and products across long and short distances.
  • Road transportation: Road transport refers to the movement of people and goods across a network of roads. A road is a path between two points that has been paved or otherwise improved to allow travel by both motorised and non-motorised carriages.

The advantages of raid transport over rail transport are-

  • Road construction is substantially less expensive than building railroads.
  • In hilly and undulating terrain, roads may be built with ease.
  • Highways connect railway stations, airports, and seaports, acting as a feeder to other forms of transportation.
  • They offer individuals and vehicles to commute to a variety of areas and assist them in getting there without any problems.
  • Road transport is the practice of moving goods or people along a road network from one location to another.

To know more about benefit of road transportation, here

brainly.com/question/21105347

#SPJ4

5 0
1 year ago
Which of these statements is true? Group of answer choices
Thepotemich [5.8K]

Answer:

In general, the higher the total asset turnover and the lower the capital intensity ratio, the more efficient the overall asset management of the firm will be.

Explanation:

Asset Turnover = Net Sales / Total Asset

Capital Intensity = Total Asset / Net Sales

According to the above formulas most efficient situation will be to increase the asset turnover and decrease the capital intesity ratio because they are reciprocal to each other, so thses will behave inversly with each other. Higher turnover means the higher sales using total asset and lower capital intensity ratio means asset are lower timesto the net sales which is an efficient use of asset.

3 0
3 years ago
A manufacturing company has annual sales of $180,000 and inventory of $40,000. The inventory turnover ratio for the company is _
NISA [10]

Answer:

4.5

Explanation:

Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.

Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.

Annual sales of a manufacturing company =\$180,000

Inventory =\$40,000

Inventory turnover ratio for the company = Sales/Inventory

=\frac{180,000}{40,000} =4.5

6 0
2 years ago
In reviewing the firms whose stocks comprise the Dow Jones Industrial Average, we discover: a) There is an even mix between big
Svetach [21]

Answer:

C, is the correct answer.

Explanation:

7 0
3 years ago
Question 2 of 10
Debora [2.8K]
B is going to be your answer
8 0
2 years ago
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