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3 years ago

What is a natural monopoly?

Business

1 answer:

Lubov Fominskaja [6]3 years ago

6 0

Answer:

D. A monopoly that results when one firm is able to produce at a lower cost than multiple firms, giving large firms with higher levels of output an advantage over smaller competitors.

A. Municipal Power Light, the local supplier of electricity.

Explanation: A natural monopoly is a monopoly enjoyed by a firm due to its large nature through which it is able to enjoy Economies of scale and produce at a reduced cost which other companies are unable to meet up with.

WITH A NATURAL MONOPOLY, A FIRM HAS A CONTROL OVER THE PRICE OF THE PRODUCT PRODUCED AND SERVICE RENDERED AS THERE ARE NO CLOSE SUBSTITUTE.

The municipal Power light, the local supply of power is an example of a firm that can enjoy Natural monopoly.

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A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allie

Neko [114]

Answer:

A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allies, and participating in international organizations such as the United Nations is following a _____.

c. multilateralism grand strategy

Explanation:

The emphasis placed on relationships between other countries is dictated by a country's preferred objectives. If the country encourages international relationships and cooperation with others, it is engaged in multilateralism. This refers to an alliance of multiple countries pursuing a common goal, like the United Nations. The opposite of this diplomatic strategy is called unilateralism. This implies that the country chooses to go it alone without seekings the cooperation of others. An example is when one country launches a military attack on another without seeking for the help or approval of other friendly countries.

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3 years ago

Which of the following statements is true of global agnostics?

astraxan [27]

Answer:

C. They are most likely to lead anti-globalization demonstrations.

Explanation:

A. Are global citizens. Favours international brands.

B. This refers to Antiglobals. Doesn't like international brands because of their skepticism towards their quality.

C. Refers to Global Agnostics. Prefers national and local brands.

D. Are global dreamers. Favours international brands.

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3 years ago

What downsides might Brazil experience by implementing quotas, tariffs and measures to devalue its currency?

Nostrana [21]

<span>Two big issues that could arise are inflation and trading wars. Inflation could arise when the currency is devalued, if not done properly, which would lower the buying power of the nation's residents. Second, if quotas and tariffs are implemented incorrectly, trading partners could implement their own increases on prices to products, leading to a trade war that could damage the overall economic output.</span>

7 0

3 years ago

Read 2 more answers

During the current year, the Town of Salo Alto recorded the following transactions related to its property taxes:

anygoal [31]

Answer:

S/N Account Titles & Explanation Debit Credit

1) Taxes Receivable—Current $3,300,000

Estimated Uncollectible Current Taxes $66,000

Revenues $3,234,00

2) Cash $2,987,500

Tax Receivable-current $2,987,500

3) Cash $28,900

Tax Receivable- Delinquent $26,500

Interest and Penalties Receivable On Taxes $2,400

4) Penalties and Interest Receivable $3,750

Estimated Uncollectible Interest $650

and Penalties

Revenues $3,100

5) Taxes Receivable- Delinquent $312,500

($3300000-$2987500)

Estimated Uncollectible Current Taxes $66,000

Taxes Receivable- Current $312,500

Estimated Uncollectible Delinquent Taxes $66,000

4 0

3 years ago

The catalyst for the market revolution was a series of innovations in

lord [1]

The innovation of Transportation and Communication act as catalyst for Market Revolution in the 18th Century.

The term "Market Revolution" describes a fundamental transformation to the U.S. economy in the 18th and 19th Century as a result of widespread mechanization of industry and the expansion of various domestic and foreign economic markets.

The revolution brought about an explosive economic growth and new personal wealth in the country.

The impact of the transportation and communication industry brought about the increased improvement in Market Revolution because its speed and lowered the expense of commerce during the period.

Therefore, in conclusion, the Transportation and Communication are the catalyst for the Market Revolution.

Learn more about Market Revolution here

<em>brainly.com/question/8173033</em>

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3 years ago