All categories

3 years ago

A natural monopoly can occur when the average cost of making a good _____ a lot as output increases.

Business

2 answers:

Margaret [11]3 years ago

8 0

The answer is: Decreases

Natural monopoly refers to a type of monopoly that exist because the start up cost to start similar business is too high.

This could only occurs if there is a single company exist for a long period of time, to the point where it acquire enough assets to make the average cost of making their goods at the lowest point while maximizing their inputs.

Anon25 [30]3 years ago

5 0

A natural monopoly can occur when the average cost of making a good decreases a lot as output increases. Hopefully the demand goes up as well!

You might be interested in

Deposits in transit Select one: a. have been recorded on the company's books but not yet by the bank. b. have not been recorded

mojhsa [17]

Answer:

a. have been recorded on the company's books but not yet by the bank

Explanation:

The deposit in transit means the deposit is recorded in the book of the company accounts but the same is not recorded in the bank books of account unless when they are not deposited.

So while preparing the bank reconciliation statement, we added the deposit in transit and deduct the outstanding checks in the bank books of accounts

7 0

3 years ago

Managerial accounting includes the planning function. Which of the following items would be part of the planning function of a

Scilla [17]

Answer:

It is choosing goals and deciding how to achieve them (D)

Explanation:

As part of the planning process, managerial accountant guides management during goals and objectives formulation for the organization .

Management accounting provides past, futuristic and external information that can help management make informed planning and decision as regard setting various organizational goals and objectives including financial, operational ,strategic,market goal etc a

6 0

3 years ago

The tendency for respondents to agree that a new product is a good idea in a survey is known as:_________

Dafna1 [17]

The tendency of survey participants to agree that an innovation is a good idea is known as Acquiescence bias.

<h3>What is Survey?</h3>

Survey refers to the act of examining and asking the list of question to the different variety of people in order to extract the specific information.

In a survey, the likelihood for respondents to agree that a new product is a good idea is known as Acquiescence bias.

Therefore, it can be concluded that Acquiescence bias is the correct term for the given blank.

Learn more about Survey here:

brainly.com/question/28268462

#SPJ4

6 0

2 years ago

Susan's job involves recruiting eligible people for a business. It's her responsibility to identify the task requirements and th

notsponge [240]

Answer:

Staffing

Explanation:

STAFFING is the process of hiring a person or an individual that is qualified into an organization in order to fill into a particular job position by identifying the task requirements of the vacant position, assessing the candidate skills as well as the candidate knowledge and ability inorder to be sure if the candidate will fit in well into that particular position they are about to be employed for, which is why STAFFING is Paramount when selecting an employee for a particular job position because it help to employ candidate that are qualified into the organization or company.

Therefore based on the information given the management function Susan was performing is called STAFFING.

7 0

3 years ago

Read 2 more answers

In the aggregate expenditures model of the economy, a downward shift in aggregate expenditures can be caused by a decrease in

Hunter-Best [27]

In the aggregate expenditures model of the economy, a downward shift in aggregate expenditures can be caused by a decrease in <span>government spending or an increase in taxes.</span>

5 0

3 years ago