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juin [17]
1 year ago
5

Government usually regular monopolies when the __________ cost associated with the production of an essential good or service ar

e relatively ________, and it may not make sense to have multiple firms duplicating these cost
Business
1 answer:
Anika [276]1 year ago
7 0

Government usually regular monopolies when the relative cost associated with the production of an essential good or service are relatively inelastic, and it may not make sense to have multiple firms duplicating these costs.

<h3>What is a monopoly?</h3>
  • It is a market situation where there is only a single seller and a large number of buyers.
  • in this market, the buyers face price discrimination as there are only one seller present
  • also it occurs when there is no competition in a particular industry and no substitutes for the goods produced. In such a market,
  • the price of a product is set by a monopolist, and no other company can make a similar product.
  • A market structure characterized by a pure monopoly. A monopoly occurs when a supplier offers a particular good or service to a large number of consumers.
  • A monopoly market allows a monopoly (or dominant firm) to control the market and set prices and supply.

thus, in this market prices are inelastic as there is only one seller which offers price according to its will & wish.

learn more about monopoly

brainly.com/question/13113415

#SPJ4

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Jessica Weller, a senior manager at DigWell Inc., differentiates the annual pay raises provided to her subordinates based on the
Nat2105 [25]

Answer:

Merit pay

Explanation:

Merit pay refers to an increase in salary that people receive based on the performance they had according to goals or guidelines that were previously established. According to this, the answer is that the type of reward system used by Jessica is an example of merit pay because she determines the pay raises that her subordinates receive according to their performance.

5 0
3 years ago
Samantha’s paper fits her audience and thesis but doesn’t match the purpose. which stage of the fact strategy applies
Alina [70]
The answer to the question above is FIT. The stages of the FACT strategy include fit, add, cut out, and test. In this case, the one that fits Samantha's situation is fit. In the FACT strategy in writing, this is when the topic relates to its audience and thesis, but then, it deviates to what the real purpose of the writing is all about. 
4 0
4 years ago
The invention of what product skyrocketed the popularity of pecan pie?
Nezavi [6.7K]

Answer:

Karo Syrup

Explanation:

Karo Syrup is delicious on Pecan Pie

3 0
3 years ago
What is the net effect on a firm's working capital if a new project requires: $41,375 increase in inventory, $35,370 increase in
Kaylis [27]

Answer:  $32,729

Explanation:

Net working capital for a period is the current assets of the company less the current liabilities.

Change in Net Working capital is:

= Increase in inventory + Increase in accounts receivable - Increase in Accounts payable

= 41,375 + 35,370 - 44,016

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8 0
3 years ago
Research that provides detailed verbal or visual information about consumers feelings is _______ data.
natta225 [31]

Rather than providing numerical data, qualitative data provides in-depth verbal or visual information on consumers' views, feelings, and purchasing patterns.

  • This study employs a small sample size, is non-linear and cyclical, and seeks to methodically reveal the breadth of human experience within its context. It also focuses on depth rather than breadth. The goal of qualitative research is to discover meaning and understand how people interpret their experiences, construct their worlds, and give meaning to their experiences.
  • Qualitative research entails gathering and analyzing non-numerical data to better understand ideas, opinions, or experiences. It can be used to uncover intricate details about a problem or to generate new research ideas.

Thus this is what it means by Qualitative Research.

To learn more about Qualitative Research, refer: brainly.com/question/13498255

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3 0
2 years ago
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