1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stiks02 [169]
1 year ago
9

Give an example of a natural monopoly industry operating in South Africa.

Business
1 answer:
MariettaO [177]1 year ago
4 0

An example of a natural monopoly industry operating in South Africa include "Eskom".

<h3>What is natural monopoly?</h3>

A natural monopoly occurs when there is an instance in which it is economically viable and better for a single entity to be in full and sole control of the production of a product or service.

Moreover, a natural monopoly is the fact that natural monopolies have extreme economies of scale. It can only start to become profitable when one single firm is able to service the majority of the market.

Learn more about natural monopoly, refer to the link:

brainly.com/question/4417882

#SPJ1

You might be interested in
Today companies such as Nike, Walmart and Apple are trying to stop certain harmful practices and prevent managers abroad from ad
Leni [432]

Answer:

where is the wuestion

Explanation:

3 0
3 years ago
Is there a site that i can sell me drawings on...? to get money...
Tomtit [17]
There is a site called Red Bubble. I'm going to start using it soon. It's a great site and very easy to use!
6 0
3 years ago
A firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conc
djyliett [7]

Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. ​ Thus, if they were of inferior​ quality, the company would lose customers and go out of business over time.

Explanation:

Branding is a way of making sure that your product is easily identifiable over other products.

When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.

It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

7 0
3 years ago
Consultant susan wheelan encourages appointed leaders to adjust their leadership style to the group's:
brilliants [131]

Answer:

The correct answer is stage of development.

Explanation:

Leadership is a process, not a punctual act. A person does not go from having little impact on others to having a great influence from one day to another, it takes an evolution and especially the necessary step through the 4 stages of leadership.

When we analyze the different types of leaders that have an impact, we realize what kind of steps they have taken to get there, what different phases they have had to go through and what their evolution has been. This model helps us to contextualize the place in which a person is and what the next steps would be to improve their leadership capacity.  

Stage I. Depend on other people

Stage II: Individual and independent contribution

Stage III Contribution through others

Stage IV: Leadership through a vision

3 0
3 years ago
Currently, a monopolist’s profit-maximizing output is 600 units per week and it sells its output at a price of $40 per unit. The
natta225 [31]

Answer:

a. What are the firm's weekly economic profits?

  • The company's weekly economic profit = total revenue - total accounting cost - total opportunity costs = (600 units x $40) - $6,000 = $24,000 - $6,000 = $18,000

b. What is the firm's marginal cost?

  • since the firm is maximizing its profits, its marginal revenue = marginal cost. Since the marginal revenue of the last unit sold was $25, then the marginal cost of the last unit sold must also be $25.

c. What is the firm's average total cost?

  • the firm's average total cost = total cost / total output = $6,000 / 600 units = $10 per unit

7 0
2 years ago
Other questions:
  • A chemical company claims that they are able to produce a certain product through a thermodynamically unfavored process. explain
    10·1 answer
  • Hamilton company’s 8 percent coupon rate, quarterly payment, $1,000 par value bond, which matures in 20 years, currently sells a
    11·1 answer
  • Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $43,
    8·1 answer
  • Consider a newly issued TIPS bond with a 3-year maturity, par value of $1,000, and coupon rate of 4.00%. Assume annual coupon pa
    12·1 answer
  • Goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when
    9·2 answers
  • Kumaran Pillay has a vegetable stall at the Suva Market. His business has been plagued with under-stocking and over-stocking pro
    7·1 answer
  • Pls helpppp ahh and thank you
    11·2 answers
  • After years of selling in the consumer market, Dave accepted a job as a salesperson for a firm that markets its products in the
    13·1 answer
  • Changing the prices of products based on the level of demand characteristics of the customer is called ________ pricing.
    8·1 answer
  • You have just been elected to public office and you have been informed that the government does not have money to pay all of its
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!