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Nesterboy [21]
2 years ago
11

When the demand for a good or service limits the quantity that can be sold to an output at which the firm experiences economies

of scale,.
Business
1 answer:
Jet001 [13]2 years ago
3 0

When the demand for a good or service limits the amount that can be sold to an output at which the firm experiences economizing of scale, the firm is a natural monopoly.

<h3>What is the distinction between genuine monopoly and monopoly?</h3>

A natural monopoly is a firm with such extreme economies of scale that once it starts creating a certain level of output, it can produce more at a far lower cost than any smaller competitor. Natural monopolies exist far more continually than pure monopolies, mainly because the conditions are not as stringent.

<h3>Which statement is the best description of a natural monopoly?</h3>

A natural monopoly is a monopoly that occurs because a single firm can supply a good or assistance to an entire market at a smaller cost than could two or more companies.

To learn more about natural monopoly , refer

brainly.com/question/13113415

#SPJ4

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When Joe screens job applicants to ensure that he hires the most qualified candidate, he is performing the human resource functi
saul85 [17]

Answer:

Candidate Screening

Explanation:

Candidate Screening process is one of the human resource function through which the top managers works for selecting the best candidate's applications out of all those applications received. It involves screening that is going through the candidates resumes and cover letters.

It is a method through which skimming is done that is rejection of the unrequired candidates is done. Under such a method the candidate's screening is done keeping in mind the qualifications and experience of the candidate fit for the required post in the organization.

It is a negative process because it involves rejection of the candidates applications.

6 0
4 years ago
Read 2 more answers
A company prepares its income statement by listing all sources of revenues and gains at the top, followed by a list of all expen
lapo4ka [179]

Answer:

Single step income statement

Explanation:

The single step income statement is the simplest form in which an income statement is prepared, e.g.

Revenues:

  • Sales revenues $100
  • Interest income $20               $120

Expenses:

  • Rent expense $30
  • Utilities expense $10
  • Wages and salaries $60       <u>($100)</u>

Income before taxes                         $20

Tax expenses                              <u> ($4.20)</u>

Net income                                   $15.80

A multi-step income statement is more complex, since operating revenues and costs are reported first in order to determine operating income, then other revenues and expenses are introduced and income before taxes is calculated.

8 0
3 years ago
Which of the following types of training should employers NOT provide to their workers? (1 point)
solong [7]

Correct answer choice is:

D. Accident investigation.

Explanation:

An accident investigation is a method of concluding the source cases of accidents, on-the-job damages, resources destruction, and alike notes in classification to stop them from happening repeatedly.

When conflicts are reviewed, the importance should be focused on determining the root reason of the occurrence so you can block the event from occurring again. The goal is to find evidence that can direct to remedial activities, not to determine responsibility. Constantly look for distant causes.

6 0
3 years ago
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please subscribe my mom's channel those who subscribed my mom's channel I will mark as brainlylist,thnx and follow 101 % gaurant
Jobisdone [24]

Answer:

Explanation:

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7 0
3 years ago
In year 1, nominal GDP for the United States was $2,250 billion and in year 2 it was $2,508 billion. The GDP deflator was 72 in
leonid [27]

Answer:

c. 1.6 percent.

Explanation:

GDP Deflator = Nominal GDP / Real GDP * 100

year 1

Real GDP = $2250 billion/72*100

                = $ 3125.

year 2

Real GDP = $2508 billion/79*100

                = $3175  

Real GDP rose by = Real GDP (2nd year) - Real GDP (1st year)

                              = $3175 - $3125

                              = $ 50

% increase = $50/$2,250*100

                  = 1.6%

Therefore, The Real GDP rose by 1.6%.

7 0
4 years ago
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