Suppose that many small identical firms decide to join and make one large firm. Assume that this joining does not affect their costs. Graphically show how level of output and price differ between the many small firms and the single large firm acting as a monopoly. Show how consumer and producer surplus in the competitive industry differ from consumer and producer surplus in the monopoly industry. Why do economists believe that a monopoly industry is inefficient

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting