3. The beer industry has seen a gradual increase from three major sellers (in 1990) to several hundred. Meanwhile, the number of cigarette manufacturers has stayed relatively constant. Although both goods are considered vices and thus unpopular, the industries have moved in different direc- tions. What economic theory can you suggest to explain this difference? (“Cigarettes have a negative reputation" is not a sufficient answer, as drinking is also considered a vice.)​

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.