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: A
Explanation:
In the electoral college, states have delegates that elect the president. The number of each state's delegate count is decided based off the number of members the state has in the U.S. Congress. California and Texas will have more delegates than Vermont and Wyoming, since they have more members in Congress.
General management is responsible for the security of the facility in which the organization is housed and the policies and standards for secure operation.
<h3>What do you understand by general management?</h3>
A broad word used to describe both the job duties of organizational positions and the behavioral roles of people holding them is general management.
Essential general manager talents include
- Organization,
- Strategic Planning,
- Leadership,
- Technical Skills,
- and Communication Skills.
- Determine areas that want improvement.
While overseeing a company's or division's overall operations, a general manager is expected to boost productivity and boost revenue. Managing workers, keeping an eye on the budget, using marketing tactics, and many other aspects of the firm are all part of the general manager's responsibilities.
To know more about general management refer to: brainly.com/question/4465898
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<span>The mass media influences politics and the government. They also form a link</span>
Answer:
C
Explanation:
No consumers would find this toll worth the time saved in traffic.
