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Cerrena [4.2K]
3 years ago
8

Select the items that describe a monopoly.

Business
2 answers:
loris [4]3 years ago
8 0
The best answers would be "no substitutes", "resources used inefficiently", and "barriers to entry". For no substitutes, if a certain company has a monopoly over a certain product that no one can get anywhere else, then obviously there are no substitutes for that product. Take gas for example, in some countries, gas is monopolized by a big company. Since there are no substitutes, everyone has to buy from the company. Because of the size of the company, other smaller competitors would not dare enter. This is known as a barrier of entry. Also, since monopolies control certain products, they do not maximize their resources to optimize productivity because consumers are at their mercy anyway. 
amid [387]3 years ago
6 0

Answer: no substitutes

barriers to entry

resources used inefficiently

Explanation:

A monopoly is known to be a seller in a market selling a good of which there are no substitutes.  Hence, new sellers are not permitted to enter the market because there are laws restricting them and resources are used inefficiently as a result of increase in the price of the good which limit the output.

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Answer:

La afirmación es correcta.

Explanation:

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Cuando una población (individuos de una especie en un área) excede su capacidad de carga a medida que crece, a menudo colapsa, ya que una población sobredimensionada destruye sus propias condiciones de vida.

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4 years ago
Strategic trade policy has two components to raise national income helping firms to capture first-mover advantages and interveni
icang [17]

Answer:

The correct answer is: A) True.

Explanation:

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The strategic trade policy argument consists of two explanations: first, it states that with appropriate actions; A government increases national income if it somehow ensures that the companies that appropriate the advantages of acting first are national and not foreign.

Secondly; it is convenient for a government to intervene in an industry if it helps national companies to overcome the entry barriers created by foreign companies; who have already reaped the advantages of the one who acts first.

In conclusion, if these arguments are correct, the government has many reasons to intervene in international trade.

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In a financial lease, the lessor amortizes the asset's value, while the lessee depreciates the assets as common fixed assets (a lessee doesn't amortize).

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