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1 year ago

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.

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Ramon incorporated his sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100

olasank [31]

Answer:

Ramon’s basis in the stock he receives in his corporation is $84,000

Explanation:

The computation of Ramon’s basis in the stock received in his corporation would be $84,000 as this amount reflect the adjusted basis of the assets transferred to the corporation.

These assets include inventory, building, and land. So, the total amount of the total assets would be received i.e based on an adjusted basis, not the fair market value

6 0

3 years ago

A company employing a _______ strategy would create a new product targeted to its current customers.

OLEGan [10]

A company employing a product development strategy would create a new product targeted to its current customers.

What is New Product Development ?

You can get the people in your division to come up with ideas for new products by following the given things mainly which revolves around reinforcing the novel ideas:

As employees have direct contact with the customers so they have the better ideas about the customers needs and wants.
Employees are well aware of the changing trends so they should be encourage to come up with the new and novel ideas for the new products.
Ideas can come from any where, from any level of the organization so each and every single employee should be motivated to participate in idea generation activities.

The importance of doing customer research is to have a drive for new product development. A research can be effective in pointing out consumer trends and fads, as well as opening a direct customer communication channel that feels prestigious for having its requests valued by a company. Through concrete data of potential customers and new customers, an organization has the ability to meet the actual demand of potential customers and make possible adjustments to the production process.

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6 0

2 years ago

A company's unit costs based on 100,000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $16

Basile [38]

Answer:

Incremental profit = $30000

so correct option is a. $30,000

Explanation:

given data

Variable costs = $75

Fixed costs = 30

sales price = $165

to find out

incremental profit or loss from accepting

solution

we get here contribution per unit will be here as

contribution per unit = $165 - $75

contribution per unit = $90

now we get here loss on contribution for giving up regular sale that is

loss on contribution = $3000 × $90

loss on contribution = $270000

and

now we get Incremental contribution for special order will be

Incremental contribution = (135 - 75) × 5000

Incremental contribution = $300000

and

Incremental profit will be = $300000 - $270000

Incremental profit = $30000

so correct option is a. $30,000

8 0

3 years ago

g If the economy experiences economic contraction, the government can combat this with an Group of answer choices increase in go

Charra [1.4K]

Answer:

increase in government purchases

Explanation:

If there is a contraction in the economy, the government should conduct expansionary policies to increase money supply.

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

5 0

3 years ago

You saved $500 in currency in your piggy bank to purchase a new laptop. The $500 you kept in your piggy bank illustrates money’s

otez555 [7]

Answer:

The answer to the three fill in the banks as per order given in question are- store of value , unit of account , medium of exchange.

Explanation:

When $500 are kept in piggy bank to buy laptop, it illustrates the store of value function of money. This is a function where money is kept or stored to purchase some item in the future, given money doesn't lose its purchasing power .

The $500 price of laptop shows the unit of account function of money , where money is the standard numerical of measurement for the goods and services or any other transaction in the market.

The $500 which was used to buy the laptop shows the medium of exchange function of money , where money is used as intermediary for exchange of goods and services.

7 0

3 years ago