Natural monopolies <span>benefit from large economies of scale, in which the costs of goods decrease as output increases.
</span>A natural monopoly<span> is a distinct type of </span>monopoly<span> that may arise when there are extremely high fixed costs of distribution, such as exist when large-scale infrastructure is required to ensure supply.</span>
Answer:
B) False
Explanation:
The chicken tactic is a combination of a huge deceit or bluff about what you really want or need, and a threat to do something usually not very normal or rational. The whole idea is to try to force the other negotiating party to chicken out and surrender to your requests. Both a chicken tactic and a hardball tactic are designed to take advantage of the other party.
The problem with using a chicken tactic is what happens if the other side calls the bluff, will the threat be real or not, and what position will the other side hold. For example, an employer negotiating wage increases with a union, if the employer threats to close the factory and the other party tells him/her to go on and close it, what will be the result. This type of negotiating tactic can result in huge problems.
Answer:
$1,395
Explanation:
Total cost of Inventory purchased
= (No. of units × Per unit price) + (No. of units × Per unit price) + (No. of units × Per unit price)
= (240 × 8) +(340 × 10) +(440 × 11)
= 1,920 + 3,400 + 4,840
= $10,160
Number of units purchased = 240 + 340 + 440
= 1,020
Average cost per unit = total cost /No. of units
= 10,160 /1,020
= $ 9.9608 per unit
Cost of ending inventory = 140 × 9.9608
= $1,395
<span>The correct option is C. Money as a unit of measurement makes it easier to have a better exchange rate withe other currencies. Which means that currencies from different countries can easily be exchange between two people, this brings an element of global trade into existence.</span>
Answer:
HMO Vaccination Program
With the given probability of a flu outbreak at 65 percent and the cost of the vaccination program at $8 million, my decision under these new conditions is:
To go ahead with the vaccination program in order to protect the health of the people since the assessed chance of a flu outbreak is high at 65%.
Explanation:
However, for any vaccination program to be effective, the whole population must be targeted and achieving 100% coverage must be assured. In the past, many such programs have failed because of ineffective coverage of the population. While vaccination is important, prevention of the root cause of such flu outbreaks remains paramount as it is also the least costly measure.
