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mestny [16]
3 years ago
9

Why is it in the best interest of the government to regulate natural monopolies?

Business
2 answers:
kap26 [50]3 years ago
7 0

Answer:

To keep costs to a minimum for consumers

Explanation:

Natural monopolies are market structures where fixed costs are high and variable costs and marginal costs are low, eg electricity distribution and public transport. Thus, state production or private production under government regulation becomes necessary to maintain minimum costs to consumers, since the unregulated natural monopoly will generate a smaller quantity and a higher price.

DedPeter [7]3 years ago
5 0
To keep costs to a minimum for consumers <span>is it in the best interest of the government to regulate natural monopolies 
hope it helps</span>
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Freight car loadings over an 18-week period at a busy port are as follows:
Tamiku [17]

Answer:

y = 7.678X + 357.614 ;

518.852 ; 526.53 ;

Week 78;

Explanation:

Given the data :

Week Number Week Number Week Number

1 370 7 415 13 450

2 380 8 425 14 455

3 390 9 435 15 475

4 380 10 425 16 485

5 390 11 435 17 495

6 395 12 445 18 505

The linear trend line for expected freight car loading obtained using a linear model calculator is :

y = 7.678X + 357.614

y = expected freight car loading

X = week

m = slope = 7.678 ;

c = intercept = 357.614

B.)

predicted loading for week 21:

X = 21

y = 7.678(21) + 357.614 = 518.852

Predicted loading for week 22:

y = 7.678(22) + 357.614 = 526.53

C.)

Week loading volume should exceed 950:

y = 950

950 = 7.678X + 357.614

950 - 357.614 = 7.678X

592.386 = 7.678X

X = 592.386 / 7.678

X = 77.153685

X = 78 (should exceed 950)

7 0
3 years ago
TRUE/FALSE. if the marginal cost of the 10th unit of output is $15 and the average total cost of the 10th unit of output is $15,
Lubov Fominskaja [6]

Average total cost is minimized at 10 units of output.
As per the relationship between the two, at such a point average cost is the lowest and after that, from the next unit onwards it starts rising.

<h3>By marginal cost, what do you mean?</h3>

The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and, eventually, profitability by calculating the marginal cost.

<h3>What does "total average cost" mean?</h3>

The average total cost is calculated by dividing the total cost of production by the total output. In other words, the average cost is the sum of the firm's total fixed and variable costs divided by the sum of the units it produces.

Learn more about marginal cost here:
brainly.com/question/15583202
#SPJ4

3 0
1 year ago
In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called t
cupoosta [38]

In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called the:  project management process groups.

<h3>What are the Project Management Process Groups?</h3>

The project management process groups consist of five groupings known as initiating, planning, executing, monitoring, and closing.

The initiating stage is the stage where the basics of the project are thought out. The planning stage entails structuring the project.

After this, the plan is executed, monitored for progress, and finally closed.

Learn more about the Project Management Process Groups here:

brainly.com/question/8603302

7 0
3 years ago
Skysong, Inc. had net credit sales during the year of $1090600 and cost of goods sold of $604000. The balance in accounts receiv
blagie [28]

Answer:

8.2 times

Explanation:

The first step is to calculate the average receivable

= $114,000+$152,000/2

= $266,000/2

= $133,000

Therefore the accounts receivables turn over can be calculated as follows

= net sales / average receivable

= $1,090,000/$133,000

= 8.2 times

Hence the account receivable turnover is 8.2 times

7 0
3 years ago
An electronic ________ is essentially a collection of personal computers networked together with sophisticated software tools to
Lorico [155]

Answer:

The correct answer is letter "E": meeting system.

Explanation:

An Electronic Meeting System (EMS) is a form of a networking-based group in which its members are connected through computers so they collectively can take decisions, solve problems, discuss over certain topics, and provide anonymous valuable feedback. EMS is used as a meeting platform for large entities with centralized decision-making but a presence in different regions around the world.

<em>EMS disadvantage is relying on different internet connections for the meeting. If one of them is not stable the meeting is likely to be interrupted frequently.</em>

3 0
4 years ago
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