1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
trasher [3.6K]
3 years ago
12

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.

You might be interested in
Which entity types can generally use either the cash or accrual method of accounting for tax purposes
Neko [114]

Answer:

S corporation

Sole proprietorship

Partnership

Explanation:

Not sure if im right but there ya go :)

3 0
3 years ago
Both faith and business can bring humans together in progress and security, and yet both can also create divisions and sow the s
AysviL [449]

Answer:

If by Dark Ages, we mean the Middle Ages, then, one can safely say that business did more to bring the dark ages to an end and restore the world to civilization and progress.

The Middle Ages represented a decline in several areas, especially trade, when compared with classical antiquity (Ancient Greece and Rome).

By the late Middle Ages, several cities, especially in Italy, had began to develop trade networks again, and a merchant class was emerging.

With time, more cities became trade hubs, and this prompted economic development. Businesses grew, science and technological progress increased, and in general terms, civilization advanced more quickly in a few centuries than in the past millenia.

3 0
3 years ago
The Freed Corporation produces three products, X, Y, Z, from a single raw material input. Product Y can be sold at the split-off
dexar [7]

Answer:

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

Explanation:

Giving the following information:

Product Y can be sold at the split-off point for total annual revenues of $50,000, or it can be processed further at a total annual cost of $16,000 and then sold for $68,000.

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

3 0
3 years ago
Professor Knice gives his introductory psychology class of 300 students an exam, and everyone earns an A. The exam lacks the ___
Paha777 [63]

The exam lacks the power to determine which students has studied and the students who have not studied

Explanation:

In his introductory class the professor in the motive of encouraging the students and to make them more involved in learning the subject he offers A grade to all the students

In this case the professor will lose his ability to judge the student and he will consume his time in understanding and estimating the students who has the ability to learn and the student who do not have

8 0
3 years ago
The Dog House has net income of $3,450 and total equity of $8,600. The debt-equity ratio is .60 and the payout ratio is 30 perce
Snezhnost [94]

Answer:

21.29%

Explanation:

The computation of the internal growth rate is shown below:

But before that we need to determine the following calculations

Debt equity ratio js

= debt ÷ equity

The  debt is 0.6 of equity

So,

= 0.6 × $8,600

= $5,160

Now

Total assets = Total liabilities + Total equity

= $8,600 + $5,160

= $13,760

Return on assets = Net income ÷ Total assets

= $3450 ÷ $13760

 = 0.2507

Now  as we know that

Retention ratio = 1 - payout ratio

= 1 - 0.3

= 0.7

And, finally

The Internal growth rate is

= (Return on assets × Retention ratio) ÷ [1 - (Return on assets  × Retention ratio)]

= (0.2507 × 0.7) ÷ [1 - (0.2507 × 0.7)]

= 21.29%

6 0
3 years ago
Other questions:
  • 1. The 1924 name change from The Computing, Tabulating, and Recording Company to the International Business Machines was done in
    9·1 answer
  • Of these common educational requirements for Finance careers, select those you are most interested in achieving. Check all that
    12·2 answers
  • On October 25, 1989, Mina Loy sent a letter to Carl Van Vechten which said, "I hereby offer to hire you to paint my house for $4
    11·1 answer
  • Wyatt Co. has a probable loss that can only be reasonably estimated within a range of outcomes. No single amount within the rang
    10·1 answer
  • An insurance firm that follows the systems development life cycle concept for all major information system projects is preparing
    6·1 answer
  • Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just comp
    9·1 answer
  • Use the following Year 3 data: Other Selling and Administrative Expenses $ 1,052,000 Other Expenses 249,300 Sales Revenue 4,887,
    11·1 answer
  • Choose the best answer to fill in the blanks. When writing for business, it is important to be _______ and make sure that you al
    11·1 answer
  • In the sale of a business, if the requirements of the Uniform Commercial Code are not
    14·1 answer
  • If you are trying to establish a credit history, would you use credit to make a purchase even if you could pay cash? Why?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!