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Leya [2.2K]
2 years ago
14

Eonomic profits result whenever only a few large competitors are active in a given market. discuss this statement

Business
1 answer:
sveticcg [70]2 years ago
6 0

Answer:

Profits are a result of less competition.

Explanation:

The statement explains the possibility of profits when there are less competition in the market. Few large competition is the term used to define the less competition.

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If muffins and bagels are substitutes, a higher price for bagels would result in:
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What does it mean to “diversify” your portfolio?
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Answer:

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Explanation:

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8 0
2 years ago
During June, Lionel Magazine sold for cash an advertising space for $1200 total to be run in the July through December issues. O
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Answer:

Lionel Magazine

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Explanation:

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