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Elden [556K]
2 years ago
7

Which of these is an example of a natural monopoly? electricity service grocery delivery retail store security driveway concrete

repair
Business
1 answer:
alina1380 [7]2 years ago
6 0

An example of a natural monopoly found across the globe is power delivery.

Is electricity a natural monopoly?

  • Electricity service grocery delivery retail store security driveway concrete repair Natural Monopolies.
  • A natural monopoly exists when average costs continuously fall as the firm gets larger.
  • An electric company is a classic example of a natural monopoly.

What are some examples of monopolies?

Natural gas, electricity companies, and other utility companies are examples of natural monopolies.

They exist as monopolies because the cost to enter the industry is high and new entrants are unable to provide the same services at lower prices and in quantities comparable to the existing firm.

Learn more about this here:

brainly.com/question/5372062

#SPJ4

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Answer:

Dr Retained Earnings $6,000

Cr Common Dividends Payable $6,000

Explanation:

Preparation of the journal entry to record the dividend declaration

Based on the information given we were told that the Corporation declared the amount of $0.50 per share cash dividend on common shares in which 12,000 shares of the common stock are outstanding, hence The journal entry to record the dividend declaration is:

Dr Retained Earnings $6,000

Cr Common Dividends Payable $6,000

(12,000*$0.50)

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Milano Gallery purchases the copyright on an oil painting for $300,000 on January 1, 2017. The copyright legally protects its ow
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Answer and Explanation:

According to the situation, the solution of journal entries are as follows

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(being the annual amortization is recorded)

Here we debited the amortization expense as it increased the expenses and credited the accumulated amortization as it decreased the assets

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<h3>What is Situational Leadership?</h3>

Situational leadership is seen when a manager delegates tasks based on the performance readiness of his staff.

The performance readiness in this case combines the ability of the person receiving the task and their willingness to execute the assigned task.

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