A monopolistic producer of caviar has historically sold all of its caviar to 10 distributors. Recently, one of the distributors has acquired all of its competitors, becoming the caviar producer’s sole customer. How are the caviar producer’s prices and profits likely to change as a result of this downstream consolidation?

Price and profits will decrease.

Explanation:

The price and profits of the caviar producer will change as a result of this downstream consolidation because the customer now has power to negotiate price with the seller, and prices will likely fall as a result. Profits will decrease as the customer capture an increased share of the surplus.

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.

answer; experimentation;