(D) Natural monopoly
The situation in which one firm can produce the total output of the market at lower cost than several firms is called a Natural monopoly.
There are many kinds of monopoly that exist in a particular market which are pure monopoly where only single seller is there with no competition.
Another kind of monopoly is the cost monopoly where the price is determined on the basis of the cost of the articles produced.
Ruling monopoly is another kind of monopoly which is greatest kind of monopoly in the competition only one produce rules and natural monopoly in which naturally the product is single selling.
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Answer:
100% vesting upon plan entry
Explanation:
Vesting is a term in retirement that means ownership. Meaning that every employee owns (vest) a certain percentage of the account in their plan for each year.
100% vesting means the employee owns Al of his account, the employer cannot forfeit or take it back for any reason.
A qualified plan providing eligibility for all employees age 21 and older with 2 years of service and highly compensated employees are eligible. This will require 100% vesting upon plan entry
Answer:
The equation for that satisfies the number of bananas and apples you can buy is;
x+2 y≤100, where 0≤x≤100, and 0≤y≤50
x=number of apples that can be bought
y=number of bananas that can be bough
Explanation:
A budget is the act of providing a particular amount of money to be used for a given activity. In our case, you have set aside $100. This means that whatever you buy should not exceed this amount, meaning the maximum amount you can spend is limited to this value. The equation below can be used to draw the graph for the scenario above;
(A×Na)+(B×Nb)≤I
where;
A=apple cost per unit
Na=number of apples
B=banana cost per unit
Nb=number of bananas
I=available income
In our case;
A=$1
Na=unknown=x
B=$2
Nb=unknown=y
I=$100
replacing;
(1×x)+(2×y)≤100
x+2 y≤100
We can assume values of x and y that satisfy this limitation as follows;
x=0 y≤50
y=0, x≤100
0≤x≤100
0≤y≤50
The equation for that satisfies the number of bananas and apples you can buy is;
x+2 y≤100, where 0≤x≤100, and 0≤y≤50
x=number of apples that can be bought
y=number of bananas that can be bought
Answer and Explanation:
a. The equilibrium quantity for the given two tables is
As if the equilibrium price is $8 so the six consumers i.e bob, barly,bill,bart, brent, betty) are paying more than the equilibrium price and on the other hand six producers (carlos, courtney, chunk, cindy, craig, chad) are accepted the price as the equilibrium price is more than the accepted price
Hence, the equilibrium quantity is 6
b. Now if all the buyers are free to ride so the quantity supplied by private sellers is 0 as the minimum accepted price is more than the willingness price as producers is not able to produced
c. At imposing $2 per bag tax on sellers, the new equilibrium price is $9 as the price rise to $9
Answer:
The correct answer is the option D: in a defective condition that was proximate cause of the damage.
Explanation:
In the case that the product sold by the Custom Ceramics Corporation was in a defective condition at the time of the sale and that particular circumstance was proximate cause of the damage inflected in an oven at Duramold Plastics then the liability may be imposed on the organization that sold that product in bad conditions that turned out in unpleasent events that the other company had to go through. That is why if the tiles were in a defective condition then Duramold Plastics could imposed liability to Custom Ceramics.