Answer:
D. A monopoly that results when one firm is able to produce at a lower cost than multiple firms, giving large firms with higher levels of output an advantage over smaller competitors.
A. Municipal Power Light, the local supplier of electricity.
Explanation: A natural monopoly is a monopoly enjoyed by a firm due to its large nature through which it is able to enjoy Economies of scale and produce at a reduced cost which other companies are unable to meet up with.
WITH A NATURAL MONOPOLY, A FIRM HAS A CONTROL OVER THE PRICE OF THE PRODUCT PRODUCED AND SERVICE RENDERED AS THERE ARE NO CLOSE SUBSTITUTE.
The municipal Power light, the local supply of power is an example of a firm that can enjoy Natural monopoly.
Answer:
Procedural justice
Explanation:
Procedural justice is centered on the idea that there should be fairness in the process used in making decision or resolving disputes in a transparent way without being impartial, to ensure the process brings out the right outcomes.
Jessica believes that there’s a problem with the firm’s procedural justice as she believes her firm’s process and methods in determining increase in her salary is not fair enough.
Answer:
C. the purchase of new buses by Greyhound
Explanation:
The investment is the amount that should be invested in order to generate the income
So as per the given situation,the option C is correct as if we puchase the new buses so there is a big investment but after investing into it it generated the income on daily basis
So this should be the example of the investment
Answer:
So after 5 year total amount will be $1781.529
So option (a) is correct option
Explanation:
We have given that JG Asset is recommending that you invest $1500 for 5 years at rate of 3.5%
So principle amount P = $1500
Rate of interest r = 3.5 %
Time n = 5 years
We know that when total amount is given by
, here r is rate of interest and n is time period
So amount after 5 years will be
So after 5 year total amount will be $1781.529
So option (a) is correct option
Answer:
d. is a written promise to pay a specified amount of money at a certain date.
Explanation:
A promissory note, also known as note payable, is a financial instrument used when you borrow or loan money, it establishes the terms and details of the agreement (amounts, interests, late fee, <em>maturity date,</em> etc.). <em>It consists of a written promise where the issuer promises to fulfill the terms and to pay to the payee on the determined date.</em>
I hope you find this information useufl and interesting! Good luck!
