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masha68 [24]
3 years ago
7

A natural monopoly, such as a local electricity provider, is the result of: i. a firm owning or controlling a key input used in

the production process ii. economies of scale existing over a wide range of output iii. long-run average total costs declining continuously as output increases iv. long-run total costs declining continuously as output increases
Business
1 answer:
Leni [432]3 years ago
7 0
A natural monopoly, such as a local electricity provider, is the result of long run average total costs declining continuously as output increases. The correct option among all the options that are given in the question is option "3". The initial cost of power generation and power distribution cost is high. Once the generation starts and the number of consumer increases, the average cost starts declining.
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If the unemployment rate is 5.8% and the number of unemployed persons is 15 million, the labor force is approximately:__________
Delicious77 [7]

Answer: 258 million

Explanation:

The labor force refers to the number of people who are employed and the unemployed who are also looking for work.

Let the labor force be represented by x. Based on the question given, we can form an equation which will be:

5.8% of x = 15 million

0.058x = 15 million

x = 15million / 0.058

x = 258 million

Therefore, the labor force is approximately 258 million.

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2 years ago
Real-time data warehousing can be used to support the highest level of decision making sophistication and power. The major featu
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The major feature that enables this in relation to handling the data is speed of data transfer.

<h3>What is Real Time Data Warehousing?</h3>

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5 0
2 years ago
A perfectly competitive market is initially in long-run competitive equilibrium. each firm in the market is earning zero economi
Simora [160]
The answer to the question you are asking is e
4 0
2 years ago
Please answer if you know :)
vekshin1

Answer:

Mark me as brain list

Explanation:

The answer should be B

Hope it helped

5 0
2 years ago
Which statements are true according to the law of supply?
asambeis [7]
Increase in price leads to a decrease in supply.
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3 years ago
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