Answer:
Option (a) is correct.
Explanation:
A natural monopoly refers to a market situation in which there is a single large firm controlling the whole market because it can produces the output at lower cost than any other group of small firms. There is only one single seller in the whole market.
It is a monopoly in which there is a high infrastructural costs and there is a restrictions on the entry of the new firms. This large firm have an overwhelming advantage on its potential competitors in the market.
Examples of industries in a situation of natural monopoly:
Public utilities: Water services and Electricity services.
Answer: d. sell the ticket because the marginal benefit exceeds the marginal cost.
Explanation:
The marginal benefits exceed the marginal costs in this scenario as the marginal benefit if $300 and the marginal cost is $200.
The company should therefore sell the ticket as they would be making a net marginal benefit of $100. Were it the other way around and the marginal cost was larger, the company should not sell because they would be making a marginal loss.
Answer:
b)the degree to which management 's decisions take into account the effect of outcomes on employees within the organization
Explanation:
Organizational culture can be reffered to as believe or values by those in charge of a particular organization, and as far as the employee are taking these culture into consideration, there will also be improvement and normality in the organization. It should be noted that organization culture brings a great functionality in team work.
It should be noted that how focused people are in the organization, means the which management 's decisions take into account the effect of outcomes on employees
Answer: The Customer Still owes 0.05
Explanation:
No thanks im good thanks for asking tho