Assume there are currently five firms producing and selling fertilizer in the South American market. Also assume that the product is differentiated and barriers to entry are high in the industry, making this market an oligopoly. If two firms were to exit the market, economists expect the equilibrium price will likely

a)not change
B)decrease
c) increase

c) increase

Explanation:

This equilibrium price increases as demand increases, as demand for these two companies exits the market as competition decreases. People demand more chips from the remaining three companies. As competition diminishes, they have to supply more in return for that demand.

so correct option is c) increase

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself