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Reptile [31]
3 years ago
15

Which of the following statements are true about this natural monopoly? Check all that apply. In order for a monopoly to exist i

n this case, the government must have intervened and created it. It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. The gas company is experiencing diseconomies of scale. The gas company must own a scarce resource.
Business
1 answer:
NNADVOKAT [17]3 years ago
5 0

Answer: The following statements are true about this natural monopoly:<em> </em><u><em>It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.</em></u>

Natural monopoly is a form of monopoly that persists because of start-up costs of administrating a business organization in a particular industry. A organization with natural monopoly will be the only supplier of a commodity or service in an industry.

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dem82 [27]

Answer: True

Explanation:

Diversifying a portfolio refers to investing in securities that either have a lower risk or risk that is not correlated such that the risk to the portfolio is reduced.

In this scenario, Juan is investing in different securities with varying risk levels so that the portfolio will not be completely wiped out if one security goes bust. To truly diversify his portfolio however, Juan should invest in more than other asset classes such as bonds

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3 years ago
Jeanine, the operations manager of an auto dealership, has been redesigning operations. She feels there are many places where th
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Answer: If i am the general manager of the organization i will try to make a survey about customer relation in other competitive organization before i can conclude whether it is wise to cut down cost through removing giving out free gifts to customers like the free pop corn, coffee etc. Customers will choose other organizations where they can get the same quality service and other benefits especially in a perfectly competitive market. Rather i will suggest more profit can be made by slightly increasing the cost of services rendered to customers from which the cost of the freebies can be regained.

Explanation:Customer's satisfaction and profit maximization are the two main objectives of a firm. It is only when an organization is able to maintain good customer relationship with their customers that profit can be maximized regardless of how efficient their other services are.

4 0
3 years ago
Read 2 more answers
What is the largest equities market in the world?
Dovator [93]
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5 0
3 years ago
Suppose tickets for a regular seat at Super Bowl XXXVII cost just $500 when bought at face value (the cost at the box office). S
kakasveta [241]

Answer:

e. The monetary price paid to obtain the ticket.

Explanation:

The opportunity cost represent the best rejected alternative of the resources used.

If a person goes to the Super Bowl, the opportunity cost is any other entertainment show it renounce to see and any other use of the 500 dollar it used to acquire the ticket.

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3 years ago
dia wants to improve her ____. her creative writing teacher suggest that she read genres of books that she usually finds dull​
Anton [14]

Answer:

well if it's dull books, shouldn't it be vocabulary. if it were concentrated she would be bored and her mind would wander elsewhere. but if it were vocabulary she would still find it dull. As if it were a dictionary, nobody wants to spend 5 hours reading every word in the dictionary

4 0
2 years ago
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