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Reptile [31]
4 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]4 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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Explanation:

The total the investment bank paid when underwriting was:

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4 0
3 years ago
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Helen [10]

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In the question, the construction activity is for 14 weeks at a rate of $5,000 for the laborers per week. If you wanted to reduce this project duration to 10 weeks, you will have to spend an additional $2,000 more per week.

This $2,000 is therefore the slope of the activity.

3 0
3 years ago
Scoop Masters Inc. has been charged by Fab Flavors Corp. with stealing Fab Flavors' patented process for making ice cream. After
amm1812

Answer:

No - FALSE

Explanation:

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