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4 years ago

Which describes a benefit from government regulation of a natural monopoly?

Business

1 answer:

Degger [83]4 years ago

4 0

Answer:

The correct answer is Livy gas utility bill does not rise up during the shortage of the natural gas.

Explanation:

In the monopoly market, there is only one establishment control over the price of the products in the market. So, during the shortage of the product in the market, that establishment could increase or rise the price of the product and the customers would be forced to buy or conform as there is no other alternative or competitors in the market.

Government regulation might create the price ceiling which determine the maximum price that a company will make for a product.

Therefore, it describe that the Livy gas utility bill does not rise up during the shortage of the natural gas.

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Which of the following statements about investing is TRUE?

Bad White [126]

Answer:

3. Investing is riskier than putting money in a savings accounts.

Explanation:

Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.

Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.

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3 years ago

What are the sources and types of the principal agent problem?

irakobra [83]

Answer:

The three types of agency problems are stockholders v/s management, stockholders v/s bondholders/ creditors, and stockholders v/s other stakeholders like employees, customers, community groups, etc.

Explanation:

7 0

3 years ago

Research an example of a monopoly in the United States economy, past or present. Construct a brief explanation of the monopoly a

a_sh-v [17]

I don't think there's anything more annoying than the ISP monopolies, specifically Comcast which has most of the US I believe. They never bother to upgrade their services only their prices and stupid cable bundle packages. I'm lucky enough to live in a large metropolitan area where a new fiber internet company just started up but before this last year there were only two ISP choices; Comcast or Century link. Suburban and rural areas typically only get one choice; expensive slow internet service from a local ISP monopoly.

8 0

3 years ago

Read 2 more answers

Widgeon Co. manufactures three products: Bales, Tales, and Wales. The selling prices are $55, $78, and $32, respectively. The va

klemol [59]

Answer:

Contribution = $35 X 2,00 = $7,000

But it has no warrant of demand therefore this additional contribution can only be realized on sale of 2,00 units.

Explanation:

Provided

Products Bales Tales Wales

Selling Price $55 $78 $32

Less: Variable Cost $20 $50 $15

Contribution per unit = $35 $28 $17

Hours per unit required 5 7 1

Contribution per hour $35/5 $28/7 $17/1

$7 $4 $17

Second highest contribution margin per hour is of Bales, first is of Wales. We need to produce and sale the product with second highest margin per hour that is Bales, but since the first 1,000 units were used to produce goods with highest contribution margin per unit, and provided here is no warrant of its demand, it shall not be produced any further.

Now Wales shall be produced as it has highest contribution margin per hour.

Units produced within 1,000 hours of Wales = 1,000/1 hours = 1,000 units.

Contribution = 1,000 units of Wales X $17 = $17,000.

But it is asked - maximum additional contribution margin that can be realized by utilizing the remaining 1,000 hours on the product with the second highest contribution margin per hour is of Bales in that case

No of units = 1,000/5 = 2,00 units

Contribution = $35 X 2,00 = $7,000

But it has no warrant of demand therefore this additional contribution can only be realized on sale of 2,00 units.

3 0

3 years ago

ABC Vehicles expects the worldwide demand for new hybrid vehicles to reach 5 million by 2016. However, the demand for new hybrid

Olin [163]

Answer:

The correct answer is c. firm-level demand

Explanation:

Demand can be defined as the quantity of goods and services that are acquired by consumers at different prices, at a specific unit of time (one day, one month, one year, etc.) since without a temporary parameter we cannot say if a Demand amount grows or decreases.

When a person chooses to buy some good, to meet his needs, he does so consciously, based on his criteria both objective and subjective; These conditions are modified according to the educational and socioeconomic level, sex, age, among other factors.

7 0

3 years ago