Answer:
None of them
Explanation:
because there is no graph hence nothing can be done
The qualification best demonstrated in each example are:
- Reliability
- Teaching and Leadership Skills.
- Physical strength
<h3>What is the qualification status?</h3>
The term Qualification status is known to be that which shows or tells the formal certification that a person has.
Note that in the case of Ronin performing a careful inspections to identify fire hazards, his qualification will be Reliability.
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More info on the question
If the long-run average total cost curve of an industry is declining at the point where it intersects the industry demand curve, then we can expect that the industry will be a natural monopoly.
<h3>
What is Natural monopoly?</h3>
This is characterized by high infrastructural costs and other barriers which prevent entry into the market. This gives rise to a very few being involved and usually offers no competition as there is a single seller with unique types of goods and services.
This type of monopoly involves sellers having a big size and able to produce the required output for the consumers. This makes them to be self-sufficient and is characterized by the long-run average total cost curve of an industry declining and intersecting the industry demand curve which is the reason why it was chosen as the most appropriate choice.
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