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]
2 years ago
12

What is a natural monopoly?

Business
1 answer:
Lubov Fominskaja [6]2 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
Camino’s cost of goods sold and operating expenses are 80 percent variable and 20 percent fixed. Camino has received an offer fr
aniked [119]

Answer: -$140000

Explanation:

Total operating expenses, = fixed costs + variable cost

Fixed cost is 20% = $60000

Variable cost is 80%

Therefore Total Operating expenses is $300000

When we subtract the total operating expenses (300000) from the total revenue (160000) , we get -140000.

Camino's is having a net operating loss of $140000. To make profit, they need to sell above 37500 cups

7 0
3 years ago
Delegating authority and responsibility throughout an organization is known as: Multiple Choice management by exception. central
Yakvenalex [24]

Answer:

Decentralization

Explanation:

It is a process through which the authority of an organization is delegated to lower managers. The lower managers are given more responsibility which is the opposite of the centralization in which the decision making power is concentrated in the hands of a few people. The top-level managers take all the decisions in the organization with centralized authority.

In decentralized authority, lower managers can decide on their own as long as it is in sync with the overall goal of the organization, but the authority to take static decisions and control and coordination remain in the hands of top-level managers.

5 0
2 years ago
What is Eduloan and is it a good choice is it affordable...Why should we choose Eduloan and how does it work
Gekata [30.6K]
Yes it is affordable however I don’t know what eduloan is
6 0
3 years ago
The Wyeth Corporation produces three products, A, B, and C, from a single raw material input. Product A can be sold at the split
Degger [83]

Answer:

It is preferable to further process Product A.

Explanation:

Product should be processed further before sale if the net incremental benefits from further processing is positive.

The net incremental benefits from further processing is increase in revenue when further processed less further costs of processing.

Increase in revenue=$58,000-$40,000

                                 =$18,000

Further processing costs=$15,000

Net incremental benefits=$18,000-$15,000

Net incremental benefits=$3,000

Since processing further brings a net benefit of $3,000, Product A should be further processed before being sold.

8 0
3 years ago
Read 2 more answers
If you are working on a highly energetic reaction, and you need to evacuate, what should you do
babunello [35]
The answer for this question is: Stabilize the reaction
Chemicals with highly energetic reaction will have more risk to create high-energy force if we somehow fail to contain it safely.
When you need to evacuate, this type of reaction could create an explosion, so it's really advised to stabilize the reaction first.
8 0
3 years ago
Other questions:
  • A company reports accounting data in its financial statements. This data is used for financial analyses that provide insights in
    7·1 answer
  • A recent college graduate from Clayton State University has the choice of buying a new car for $33,500 or investing the money fo
    8·1 answer
  • Anything called money will be
    7·1 answer
  • Four pre-birth questions should be asked to assess perinatal risk and determine who should be present at the birth. which is one
    9·2 answers
  • Other things equal, and assuming efficient markets, if a Honda Accord costs $24,682 in the U.S., then at an exchange rate of $1.
    6·1 answer
  • Which of the following reflects a true relationship between making decisions and reaching objectives
    13·1 answer
  • Does inflation benefit the lender or borrower?
    14·1 answer
  • Under what circumstance might a certification authority (CA) revoke a certificate?
    14·1 answer
  • Consensus ad idem means which of the following?
    15·2 answers
  • Ron has a life insurance policy with a face value of $100,000 and a cost of living rider. If the consumer price index has gone u
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!