An example of a natural monopoly industry operating in South Africa include "Eskom".
<h3>
What is natural monopoly?</h3>
A natural monopoly occurs when there is an instance in which it is economically viable and better for a single entity to be in full and sole control of the production of a product or service.
Moreover, a natural monopoly is the fact that natural monopolies have extreme economies of scale. It can only start to become profitable when one single firm is able to service the majority of the market.
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If Adidas lowers its price, there would be a shift to a shift in demand to the left.
An increase in the wages of labor would lead to a shift in supply to the left.
As a result of the report, there would be a shift in demand to the right.
The arrest of the celebrity will neither shift demand or supply.
A decrease in the price of Adidas' shoes will neither shift demand or supply.
<h3>What cause a change in demand?</h3>
- A change in consumers' expectation : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.
- A change in the taste of consumers : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.
- A change in consumer's income: : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.
- A change in the price of substitute goods: when the price of the substitute good increases, the demand for the good would increase. The opposite is the case when the price of the substitute good decreases.
Here is the complete question:
Nike is wondering how Adidas's decision to lower its prices will affect Nike.
2. Apple, which makes the iPhone, is forced to pay its workers higher wages.
3. A new report indicates that eating hot dogs can prevent cancer.
4. Adidas decides to lower the prices of its shoes.
5. A celebrity who endorses Subway is arrested.
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High <u>debt to owner's equity ratio. </u>
This is total liabilities divided by total assets and shows a company's financial leverage, also known as their ability to handle current and future financial obligations.
Answer:
Option "D" is the correct answer to the following statement.
Explanation:
Brand participation strategy is a commitment provided by companies for a brand. This is brand recognition with its engagement and express marketing. Social media has helped to increase the willingness of customers to engage with products with a new standard for brands and to build new connections between brands and customers.
Answer:
patent on the consolidated estament: 32,000
Explanation:
45,000 x 80% = 36,000
36,000 / 9 = 4,000 amortization per year
patent of Grand heaven
<u> debit credit </u>
36,000 recognize at purchase
4,000 december 31th amortization
32,000 balance.