1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GarryVolchara [31]
3 years ago
6

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

Business
1 answer:
Lilit [14]3 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 />
You might be interested in
When both producers and consumers experience a surplus, the market is demonstrating efficiency?
Tcecarenko [31]

If both consumers and producers are experiencing a surplus the market is efficient

4 0
3 years ago
Bronn and Jaime make a written contract where Jaime will sell Bronn his armor and sword for $1,200.
satela [25.4K]

Answer: Mirror image rule

Explanation:

It should be noted that the contract formation defenses are fraud, illegality, incapacity, unconscionability, duress and statute of Frauds.

The mirror image rule is not among the defense to the formation of w contract. It implies that an offer should be accepted with no changes made to the offer.

8 0
3 years ago
When companies study the possibility of moving to the Cloud, they often perceive that security is a roadblock to making things h
Georgia [21]

Answer:

Informing client of Accenture's firewall smart an innovative technology deployed right from the off in other to check and prevent security throughout the integration process.

Explanation:

Accentre should tell client about the companies model on how they intend to tackle such security concerns associated with the cloud. This is what a client whose fear is about security wants to hear. Once, Accenture explains how to the client about their early integration framework coupled with innovative technologies and firewalls geared at checking and preventing security breach, the client should be convinced and his fears allayed.

6 0
3 years ago
Who is Bill Gates and where does he live or stay​
Firdavs [7]
Bill Gates (1955-), is a well-known American entrepreneur, investor. Gates launched Microsoft and has been on the Forbes since 1987. He was born and raised in Seattle, Washington and still currently lives in Seattle.
3 0
3 years ago
Read 2 more answers
Procter &amp; Gamble recently introduced Pampers Rash Guard. Rash Guard does not represent a new product per se; rather, the dia
elena-14-01-66 [18.8K]

Answer:

<u>A continuous innovation.</u>

Explanation:

In this question, we can consider that the company Procter and Gambler used when launching the Pampers Rash Guard, a strategy of continuous innovation, as this is not a new product in itself, but an alternative to ordinary pampers diapers.

Continuous innovation can be defined as a strategy used by companies, mainly a large company like P&G, so that the company has a greater positioning in the market and with this the company becomes the market leader, as it already offers a product recognized as diapers Pampers and yet creates an innovation for diapers, so that it can reach a greater number of consumers and attest to its positioning of an innovative and updated company, which always seeks improvements for products that are already recognized as products of value and quality for the consumer.

3 0
3 years ago
Other questions:
  • To reduce its stock price, Shriver Food Systems, Inc., declared and issued a 100 percent stock dividend. The company has 860,000
    12·1 answer
  • One criticism against "supply-side" cuts in marginal tax rates is that they fail to:
    9·1 answer
  • Bachmann Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the f
    7·1 answer
  • 3. The policy of the Philadelphia Transit Authority is to add a bus route if at least 60% of the potential customers indicate th
    11·1 answer
  • Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million
    12·1 answer
  • A situation in which a country specializes in producing the goods it produces most efficiently and buys the products it produces
    15·1 answer
  • Coffman Electronics produces small, portable printers. The market for the product has stabilized, and Coffman has shifted produc
    7·1 answer
  • In newspaper advertising, ________ advertising includes copy, illustrations or photos, headlines, coupons, and other visual comp
    9·1 answer
  • The following selected transactions were completed by Capers Company during October of the current year: Oct. 1. Purchased merch
    12·1 answer
  • So there this girl and she is ...um ...a lot we were friends for along time and then she started starting fights with me and bei
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!