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3 years ago

How does government regulate natural monopolies?

1 answer:

5 0

I believe the correct answer would be option A. The government regulate natural monopolies by ensuring and overseeing one supplier. A natural monopoly would happen when a largest manufacturer of a certain industry would have a very big gap as compared to other competitors. These industries are being regulated so as to minimize monopolization and to maintain the competitive equality between industries. Monopolies are mainly being governed by antitrust laws on a national level and on an international level. The ways that the government is regulating are establishing average cost pricing, price ceiling, Rate of return regulations and taxation laws.

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Betty Lou has a car washing and detailing business. She charges $20 to wash a car, a process that takes her 20 minutes and req

Readme [11.4K]

The correct answer is; Raise her prices on the car detailing or only wash cars.

Further Explanation:

It makes the most sense that Betty Lou raise the pricing on the car detailing. Since the materials cost more than the washing materials and car detailing takes more time, she is losing money in the long run.

If Betty doesn't want to raise her prices, she should only continue to wash cars since she can do this faster and make more money on average. This is the most efficient use of her resources. Betty can use advertising to get more clients and repeat clients that liked her car detailing will be willing to pay more for her services.

Learn more about money resources at brainly.com/question/13726693

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3 years ago

A company purchased factory equipment on April 1, 2022 for $128,000. It is esti salvage value at the end of its 10-year useful l

just olya [345]

Answer:

Depreciation expense= $9,600

Explanation:

Giving the following information:

A company purchased factory equipment on April 1, 2022 for $128,000. 10-year useful life.

<u>We weren't provided with the salvage value.</u>

First, we need to calculate the annual depreciation:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= 128,000/10= 12,800

<u>Now, for 9 months:</u>

Depreciation expense= (12,800/12)*9= $9,600

8 0

3 years ago

Suppose your boss tells the people you work with, "If any worker shows up at my house on Saturday and helps me clean my pool for

ozzi

Answer:

Unilateral contract

Explanation:

An unilateral contract is a contract that can only be enforced when the performing party performs the action that he agreed upon. It is only when this actions is completed, that the offering party is obliged to make a payment.

In this case, your boss has offered $75 if you clean the pool. This is an unilateral contract because your boss is only obliged to pay that money once you finished cleaning the pool. If you never clean the pool, you simply will not receive the $75.

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3 years ago

According to an article in the wall street journal, unlike airlines, even elite hotels don't have sophisticated systems that can

beks73 [17]

Based on the information above, the demand for hotel rooms is D. price inelastic.
This is the case because there is no change in demand, and when the price has changed, it shows 0 correlation between demand and price.

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3 years ago

For a new small business, it's usually best to have what kind of scope?

natta225 [31]

D is the best choice for your answer

6 0

3 years ago

Read 2 more answers