Which of the following statements is true? group of answer choices
a. the higher the market concentration, the lower the price in the market.
b. an increase in market concentration will lead to an increase in prices and profits.
c. a decrease in market concentration will lead to a decrease in efficiency.
d. market concentration and profits are independent of each other.
e. the larger the concentration ratio, the higher the number of firms in the market.

What’s the best type of healthcare plan

Which statement below best describes george waring's approach to solving the problems of water-borne illness? a. waring is going with his "gut," because he believes that instincts and emotions are the best guides for action. b. waring efficiently and thoroughly lays out the case for why the problems are too large and overwhelming to be solved: people should just move out of cities back to their farms. c. waring has gathered the testimonies of people who live in densely populated areas in order to learn how they themselves have solved their problems. d. waring exhibits the industrial age's increased respect for and reliance on science and the scientific method.

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.