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2 years ago

One problem with government operation of monopolies is that?

1 answer:

6 0

One problem with government operation of monopolies is that the government typically has little incentive to reduce costs.

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

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.

An example of a monopoly is a utility company

Here is the complete question:

One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs.

To learn more about monopolies, please check: brainly.com/question/10441375

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Game theory is:A. a strategy that requires cooperation when multiple parties are involved.B. a methodology to accomplish winning

Makovka662 [10]

Answer:

C. the study of strategy and strategic behavior.

Explanation:

Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.

A popular example of game theory is the prisoners dilemma.

A game theory can involve more than two players.

An example of prisoners dilemma:

There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.

The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.

The Nash equilibrium is for both prisoners to defect.

I hope my answer helps you

6 0

3 years ago

You are trying to choose between two stocks, Widget and Gadget. Widget has a current stock price of $30 and earnings per share o

gizmo_the_mogwai [7]

Answer:

Gadget will have higher earning.

Explanation:

Price Earning Ratio is the ratio of Market price to the earning per share. PE Ratio measure the effect of earning over the market price of the company.

Widget

Stock Price = $30

Earning per share = $2

PE ratio = $30 / $2 = 15 times

Gadget

Stock Price = $30

Earning per share = $2

PE ratio = $20 / $1 = 20 times

Gadget will have higher earning.

7 0

3 years ago

How does Wanda's strategy of being a high-quality provider take advantage of the shifts in consumer demand for healthy dog treat

Katen [24]

Answer:

In the description section underneath the overview per the particular context is illustrated.

Explanation:

Wanda's philosophy about becoming a distributer of enhance performance resulted in increased market demand due to consumer perception that her goods are stronger and therefore more advantageous.
This contributes to consumption growth, moving the consumer surplus towards Wanda's goods to the right, contributing towards increased costs.
One more scenario maybe though in the immediate future, her Wanda commodities demonstrate no positive effects, resulting throughout a decline in terms of trade.

Throughout this situation, Wanda might answer by genuinely changing the productivity of the latter's goods including displaying a certain clinical significance to obtain a competitive advantage for customers.

7 0

3 years ago

Which system supports business processes end to end? group of answer choices management system accounting system enterprise syst

aev [14]

Enterprise System supports business processes end to end? group of answer choices management system accounting system enterprise system functional structure document system.

Enterprise system basically helps in taking care of all the operations as well as processes of the organisation.

What is Enterprise system?

These are said to be known as the software packages used by the organisations which helps them in controlling as well as managing the complex processes as well as operations of the enterprise.
This system leads to better performance, better accuracy as well improvement in coordination, planning, etc.
It also helps in having easier access as well as coordination in the management systems and also leads to enhanced reports of the organisation.
The three basic types of enterprise system include:
Enterprise Resource Planning
Customer Relationship Management
Supply Chain Management.

To learn more about Enterprise system visit : brainly.com/question/23556405

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3 0

2 years ago

If small samples can reveal something that large samples might not, why not just take small samples in every situation?

swat32

Taking small samples in every situation is not always appropriate. If the populations are very large, you cannot just take small samples because it will not represent the entire population. Small samples are usually for verifications purposes that is the reason why it can detect some errors that the larger samples cannot.

8 0

3 years ago