A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.
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The example of ownership capital is : Shares
Shares determine that you have a part of percentage of the company (you will also get part of its income)
Example of Borrowed capital is : Leasing.
Leasing is a rental agreement in which you can borrow goods that you can use for your production process
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The total cost of the month will consist of the fixed and variable components. The variable cost is: $23,000 x 0.5 + [5 x (23,000/800)] = 11,500 + 143.75 = $11,643.75. The total cost will therefore be $3,000 + 11,643.75 = $14,643.75. A brief explanation. The variable cost consists of the maintenance cost per unit plus the setup cost for every batch. There's a total of 28.75 (23000/800) costing each $5. We then combine both variable costs and add to fixed cost to arrive at the total cost for the month.
<span>Organic management practices are very flexible which allows for frequent changes in the structure, organization and processes. When compared to mechanistic organization which is structured around a hierarchy and contibuters perform specific roles, organic structures are centered around external factors and normally avoids layers of supervisors and managers on a ranking system.</span>
Digital printing is best used for items that require high amounts of detail and smaller quantity orders. Unlike conventional printing, there are no pre-press stages between the digital document files and the final product; there is also no need for messy formatting equipment like film plates or photo chemicals.
<h3>What is the evolution of printing?</h3>
The printing is credited as the earliest form and was first developed in China around 200AD. As the name suggests, it involves carving a design into a block of wood. Once the wood is carved, the raised part is then inked and paper is placed on top.
It's been 20 years since Israeli Benny Landa revolutionized the printing industry with the advent of digital printing, and industry watchers say the inventor may have repeated the feat with a new product unveiled.
Learn more about digital printing here,
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