Answer:
Option (b) is correct.
Explanation:
This is a case of monopoly market condition where there is a single firm operating the whole market. The price of the products is set by the single firm and the buyers in this market are price taker. The monopolist can earn normal profit, losses and abnormal profit in the short run and can earn normal profit and abnormal profit in the long run.
In our case, the price of diamonds is high because there is only single firm in the whole market and there is no other competitors in the market. That's why they are charging the higher prices.
Answer: 3. a motion to dismiss.
Explanation:
When a party believes that a case has no legal basis, in other words the party does not believe that what they did warrants a court case, they would file a motion to dismiss so as not to waste resources fighting something they see as frivolous.
In this case, NuProducts is essentially filing a motion to dismiss when they say that they did nothing wrong according to the law. They would prefer if the courts simply dismissed the case so that they would not incur costs to fight the case.
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The industry that is the most recent target of deregulation is the "electric utility industry".
Electric deregulation is the way toward changing tenets and directions that control the electric industry to give clients the decision of power providers who are either retailers or dealers by permitting competition. Deregulation gives purchasers a choice with regards to their energy provider.
Answer: Option B
Explanation: In simple words, global structure refers to the structure in which the operations of an entity are managed on the basis of geographic areas rather on the basis of product.
The companies having global structures operate their business on many different countries and the scale of their operations are usually huge. Therefore, they profit from the economies of scale and enjoy lower production cost than others.
Hence the correct option is B.
