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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

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Answer:

The correct answer is C: $4300

Explanation:

Giving the following information:

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This account will earn 6% per year(0.5% per month)and will have $300,000 at the end of the 5-year term

We need to use the following formula:

final value= {A[(1+i)^n-1]}/r

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Isolating A:

A= (FV*i)/[(1+i)^n-1]

A= (300000*0.005)/[(1.005^60)-1]

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Answer:

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