The true statement about this natural monopoly is that It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.
- Also, it is a true statement that natural monopolies can earn positive profit in the long run without the government regulation.
<h3>What is a
natural monopolies?</h3>
This refers to the type of monopoly that exists in a particular market if a single firm can serve that market at lower cost than any combination of two or more firms.
It mostly occurs when when the most efficient number of firms in the industry is one. Also, a natural monopoly will ideally have very high fixed costs implying that it is impractical to have multiple firms producing the good.
A very good example of a natural monopoly is the case of tap water.
Hence, the true statement about this natural monopoly is that It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers and it is a true statement that natural monopolies can earn positive profit in the long run without the government regulation.
Therefore, the answers are Option B and True.
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<span>When mp3 players emerged and cassette players declined in popularity, the type/s of unemployment created were of those who are making the wires, the mp3 players, the cassette players, the CD players and even the owner or companies who are suppliers of products that are needed to assemble the machines.</span>
This increase in demand affect the demand for home loans does Demand shifts to the right
Explanation:
A change to the right in the price curve shows an rise in production. This may be attributed to many reasons, including an rise in wages, an improvement in replacement rates or a decrease in a supplement's demand.
Factors such as average income and expectations that shift to the right or to the left of an entire demand curve. This makes it possible to allow a larger or lower quantity at a specific price. Paribus presumption Ceteris. Market curves compare the demanded prices and quantities given no adjustment is made.
Answer: Given the unadjusted Allowance for Doubtful Accounts has a $50 debit balance, the amount of receivables written off was less than the amount estimated in the prior period. This will cause Bad Debt Expense to be less in the current period than had the unadjusted balance been a credit balance.
If Raj is interested in a program that would prepare him to be a member of the workforce immediately he is out of high school he should go for the career academy program.
The career academy can be described as an academy that prepares people with work ready skills that they would need in the workplace.
Such academy exposes one to their peers and also helps the person by offering them mentoring and training on the career path that they choose.
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