https://padlet.com/kms0728/c942jcidcq52 Economics IB1 en-us 2018-10-12 06:31:05 UTC 2026-01-02 21:10:18 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Planets.png kms0728 https://padlet.com/kms0728/c942jcidcq52/wish/292040518 As the number of firms increases, the value of the firms decreases. If there are many firms that are competing in the market, the consumers have more options to choose so the value of each firm decreases. Meanwhile, when the number of firms decreases, the consumers have less options to choose than when there were more number of firms, which means some consumers might choose the product of the same firm. This situation leads the value of each firm to increase. For example, from the article that I chose, as the number of listed American firms has decreased from 7322(in 1996) to 3671(now, as mentioned in the article), the value of the listed firms has risen from 105% of GDP to 136% of GDP.
 Also, this is not related to the article I chose butwhen the number of firms decreases, the quantity supplied decreases so the rarity of the product increases and quantity demanded increases. On the other hand, when the number of firms increases, the quantity supplied also increases so the rarity of the product decreases and the quantity demanded decreases.]]> 2018-10-12 06:45:52 UTC https://padlet.com/kms0728/c942jcidcq52/wish/292040518 kms0728 https://padlet.com/kms0728/c942jcidcq52/wish/292040762 - Firm : a business concern, especially one involving a partnership of two or more people
- GDP : Gross Domestic Product , a monetary measure of the market value of all the final goods and services produced in a period of time, often annually or quarterly
- Antitrust :  preventing or controlling trusts or other monopolies, and so promoting fair competition in business
- Market power : the ability of a firm to profitably raise the market price of a good or service over marginal cost]]> 2018-10-12 06:46:59 UTC https://padlet.com/kms0728/c942jcidcq52/wish/292040762 kms0728 https://padlet.com/kms0728/c942jcidcq52/wish/292040884 The number of firms in  America  decreases during the certain time period. But anyway, it will stop falling. So after decline of the number of firms in America stops, the question of antitrust regulators will be asked with the fewer companies controlling the economy.]]> 2018-10-12 06:47:29 UTC https://padlet.com/kms0728/c942jcidcq52/wish/292040884 kms0728 https://padlet.com/kms0728/c942jcidcq52/wish/292041150 Article :  https://www.economist.com/business/2017/04/22/why-the-decline-in-the-number-of-listed-american-firms-matters]]> 2018-10-12 06:48:45 UTC https://padlet.com/kms0728/c942jcidcq52/wish/292041150 kms0728 https://padlet.com/kms0728/c942jcidcq52/wish/292422630 Relationship between the number of firms and the value of the firms ]]> 2018-10-13 13:56:12 UTC https://padlet.com/kms0728/c942jcidcq52/wish/292422630