Assume a hypothetical case where an industry begins as perfect competition and then becomes a monopoly. as a result of this change, a. consumer sur+ will be smaller, producer sur+ will be greater, and there will be a reduction in economic efficiency. b. consumer sur+ will be smaller and producer sur+ will be greater. there will be a net increase in economic sur+. c. price will be higher, consumer sur+ will be greater, and output will be greater. d. price will be higher, output will be lower, and the deadweight loss will be eliminated.

Me despierto usalmente a las seis de la mañana.

Answerunilateral contract;

Part (a) is relatively straight forward.there are 4 aces in a standard 52-card deck. so the probability that an ace is picked is just 4/52.part (b): note that there are 4 suits in a standard 52-card deck. so picking hearts will be 13/52 or 1/4.part (c): the probability condition or means we need to add the two probabilities because we do not want them simultaneously. so, we end up getting pr(ace) + pr(heart).from part (a), we found that picking an ace had a probability of 4/52, which is reduced down to 1/13.from part (b), we found that picking a heart had a probability of 1/4.so, the probability of an ace or a heart is 1/13 + 1/4 = 4/52 + 13/52 = 17/52.