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GarryVolchara [31]
4 years ago
6

Explain how and why governments may want to regulate the price setting of a natural monopoly.

Business
1 answer:
Lilit [14]4 years ago
8 0
The government wants to protect the consumer's interest, that is why they are regulating the monopoly. Monopolies have the power to set higher prices than the competitive market. They regulate monopolies to prevent excess prices, quality of service( to ensure the firm receives minimum standard of service), monopoly power,promote competition, and natural monopolies( we cannot encourage competition, and it is essential to regulate firm to prevent monopoly of power). <span />
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Imagine you are an entrepreneur who wants to build a mall where would you choose to locate the mall and why?
IrinaK [193]

Answer:

In a suburban area with lots of surrounding neighbourhoods

Explanation:

This is because in this area, you are likely to receive middle-upper class customers at the mall who you can ensure will be a great asset to the new mall. Additionally, in a busy area like this you can be certain the mall will always be full of people!

5 0
3 years ago
Dianne Doolittle has opened a client’s QuickBooks Online company from her Client Dashboard in QuickBooks Online Accountant. She
Nostrana [21]

Options;

  • Gear icon > Account and Settings > Billing and Subscriptions
  • Client Overview > Company Setup
  • Client Overview > Common Issues
  • Left navigation > Apps

Answer:

  • <u>Left navigation > Apps </u>

<u>Explanation:</u>

Interestingly, in QuickBooks Online a provision was recently made to find the apps connected to an account, by clicking the Left navigation pane, then Apps.

However, one can just go to https://apps.intuit.com.

Select My Apps> then a list of apps connected to the QuickBooks Online company would be displayed.

7 0
3 years ago
If GDP exceeds aggregate expenditures in a private closed economy:________
zhenek [66]

Answer:

The answer is letter B.

Explanation:

Planned investment will exceed saving

5 0
3 years ago
As a counselor, you have noticed that some people are not very interested in reading health information, but they are receptive
KengaRu [80]

Answer:

The correct answer is the option B: Social Judgment Theory.

Explanation:

To begin with, the Social Judgment Theory is a <em>self-persuasion theory</em> that <em>establishs that the perception and evaluation</em> from an individual regarding a new idea <em>tends to be affected depending on the current attitudes</em> of the individual. The main focus of this framework that studies human judgment, is on the person's attitude at the time of receives a new idea.

Secondly, in the case presented above it is understandable that the social judgment theory is the one that states that <em>if the person sees the information on a board will not be interesting about it</em> but if a professional as a counselor comes and talk to the person about that information then <em>the person will be more interesting due to the fact that a the message is being sent from a professional</em>.

6 0
3 years ago
As a team leader, you have been tasked to lead the change effort to increase productivity. how would you tackle possible resista
enot [183]

I would you tackle possible resistance to change by addressing and clearly communicating the “5 P's of change efforts which are- Purpose, People, Priorities, Process, and Proof.

The first strategy to tackle possible resistance to change as a team leader is to communicate. Communication is the key. However, try letting your employees initiate the conversation.

People want to be heard, and giving them a chance to voice their opinions will help alleviate the frustration they feel over the situation. So by listening them I will encourage a supportive work environment.

Hence, by communicating with your employees you can tackle possible resistance to change.

To learn more about resistance to change here:

brainly.com/question/13570019

#SPJ4

7 0
2 years ago
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