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Vikki [24]
3 years ago
14

A natural monopoly is one that: monopolizes a natural resource such as a mineral spring. has increasing returns to scale over th

e entire relevant range of output. typically has low fixed costs, making it easy and "natural" for it to shut out competitors. is based on control of something occurring in nature (such as diamonds).
Business
1 answer:
AleksandrR [38]3 years ago
8 0

Answer:

has increasing returns to scale over the entire relevant range of output.

Explanation:

A monopoly is when there is one firm operating in an industry. A monopoly firm is a price setter and usually has high barriers to entry of firms into the industry. A monopoly earn economic profit in the long run.

A natural monopoly is when a firm is a monopoly because it has increasing returns to scale over the entire relevant range of output or because of high start up costs.

I hope my answer helps you

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Setler [38]

Answer:

The corporation tax of company for interim financial reporting must be determined using previous quarter corporation tax amount minus previous quarter tax surplus or plus previous quarter tax deficit.

Explanation:

This is one of the way we estimate the corporation tax which helps in the better estimation. This way of estimating the corporation tax is recommended methods by the International Accounting Standard IAS 12 Taxes, for estimating taxes for interim and yearly financial reporting.

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inysia [295]

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alexdok [17]

Answer:

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Explanation:

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