Assume declining profits in the market for internet services force several firms to drop out of the market. which of the following best describes the effect of

Explanation:

The inverse relationship between the desired quantity and the price of the commodity is "quantity required and quality." The product is going to fall and vice versa.

The result of the decrease in the number of service providers and the resulting market change on new equilibrium prices and amounts as best described: supply will decrease, resulting in excess supply at the original balance level.

Prices would then dynamically adjust the quantity produced and the amount provided would increase until a new balance is achieved.

is the answer

explanation:

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.