The correct answer is C.
A natural monopoly is a market situation in which a single firm serves the whole market, therefore it is the only producer of a certain good or service, due to the fact that there exist some natural conditions which establish huge barriers for new competitors entering in the market, in the sense of extremely large fixed costs.
In such a case there is no market competition, therefore the monopoly can decide on the quantity supplied and on the price of the products (usually establishing a much higher one that if there was competition). Such a situation is harmful for consumers. They purchase products at a higher price and with lower quality because, as there is no competition, producers are not forced to continuously develop and improve their products. This is why goverment intervenes, trying to soften the situation by decreasing the profits of the monopolists and increasing the welfare of consumers, and the social welfare.
Answer:
c. Assessment with interest plus a 25% penalty
Answer:
A couple comprises of two people from different backgrounds and upbringing which have a connection and decide to stay together. Different conflicts may arise which may be due to financial constraint, emotional issues etc.
Step 1: The source of the conflict should be looked into so that it can be tackled effectively.
Step 2: It is always good to ignore the incident and not blow them out of proportion.
Step 3: It is good to seek for solutions from experts.
Step 4: It is good to know the suitable solutions both parties can adopt.
Step 5: Agreeing to end and forgive each other is also key too.
He led one of the largest ever empires in the indian subcontinent and also followed Buddhism, which changed him into a very peaceful emperor
