All categories

3 years ago

PLEASE HELP

2 answers:

8 0

Good Morning!

To keep costs to a minimum for consumers

In theory, the government's interest in regulating natural monopolies is to meet consumer rights, giving access and lowering costs in order to avoid price abuse.

Hugs!

DENIUS [597]3 years ago

5 0

The correct answer is: "To allow multiple suppliers access to the market".

A natural monopoly operates in absence of competition. It is a firm that supplies the whole market of a specific product or service. Although such firms usually presents a large capacity and economies of scale, that could allow them to produce at the lowest cost, they do not have incentives to make an effort to become more efficient, because there are no competitors and they would continue serving the whole market and earning large profits even with a low productivy. Natural monopolies protect themselves by fixing entry barriers to prevent the entrance of potential rivals.

If more competitors are allowed into the market this means that companies compete for attracting a number of consumers as large as possible. They have to become as efficient as they can in other to lower their production costs. This would enable them to fix a lower market price for their products and to attract a higher share of buyers. This outcome is also more benefitial for consumers who are able to purchase at a cheaper price.

You might be interested in

List 5 solution to the energy crisis of Nepal

Akimi4 [234]

Answer:

An energy crisis represents any significant energy resource bottleneck for an economy. It often refers in the literature to one of the energy sources used at certain times and places, especially those that supply national power grids or the supply of fuel to industrial and population development have in recent years led to increased global energy demand.

Explanation:

There are five types of the energy crisis of Nepal:-

Solar power.

Hydroelectric power.

Less primitive power grid.

External power contractors.

Oil.

7 0

3 years ago

Suppose you are out of town and have to access one of your password-protected accounts. You look up the number on your password

serg [7]

Answer:

Short-term memory

Explanation:

Suppose you are out of town and have to access one of your password protected accounts. You look up the number on your password list, but by the time you are ready to access the account, you have forgotten that password. This best illustrates the limited capacity of Short-term memory. Short-term memory is the information that a person is currently thinking about or is aware of and caused you to look up the number on your password list, but by the time you are ready to access the account, you have forgotten that password.

8 0

3 years ago

Katherine has a physics exam tomorrow. However, a free lecture by one of her favorite authors is taking place this evening. Kath

goblinko [34]

Answer:

Katherine's opportunity cost is the cost of getting to the lecture event itself plus the reduction in her physics exam grade by not studying tonight. True

Explanation:

Opportunity cost is the cost of foregoing a benefit or incurring loss due to opting an alternative which is next beneficial . Here Katherine is losing in terms of grades in her exam to take the benefit of listening to the lecture , So loss to her grade is the opportunity cost of attending to the lecture and getting benefited.

5 0

3 years ago

In a democracy,

Vikki [24]

The answer is D. Btw C is false because in some countries you have to be 18 years old for example wich means not everyone can vote.

8 0

3 years ago

Harlen E. Ford and Billy Mills were two hunters who claimed to have seen Bigfoot at one time, and also to have later run across

ExtremeBDS [4]

The correct answer to this open question is the following.

Although there are no options attached, we can comment on the following.

The kind of testimony their claim represents is a general statement without any evidence to prove it. It is not a claim of fact because it does not present any evidence. It is neither a claim of policy. We could say that it could be a claim of value, but it doesn't say if this is good or bad.

So it is important to include some type of evidence to back our affirmations. Without the proper evidence, then it is their opinions against ours.

So it is hard to believe that hunters Harlen E. Ford and Billy Mills have seen Bigfoot at one time if they don't provide proper evidence.

4 0

3 years ago