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snow_tiger [21]
3 years ago
6

A natural monopoly exists when a single seller experiences ____________ average total costs than any potential competitor.

Business
1 answer:
vlabodo [156]3 years ago
3 0

Answer:

lower

Explanation:

A natural monopoly appears when there are high entry costs like large infrastructure costs or economies of scale where a company can provide the products at a lower costs than others which provides a big advantage to the firm in the market and makes it difficult for any potential competitor to be able to compete. According to that, the answer is that a natural monopoly exists when a single seller experiences lower average total costs than any potential competitor as this represents a barrier for the competitor to be able to enter the market.

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Answer:

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Explanation:

The level at which Blackmon Brothers should order more legal pads is the re-order point.

The calculate re-order point, we require

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For Blackmon, Average daily usage will be 165 divided by 15 days

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Formula for getting the re-order point

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Isla is a marketing manager for Marshall Manufacturing. Her boss has asked her to evaluate a new product idea. One of the things
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Answer:

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