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salantis [7]
3 years ago
13

Which of the following is true of a pure monopoly? Group of answer choices

Business
1 answer:
PilotLPTM [1.2K]3 years ago
8 0

Answer:

The answer is A

Explanation:

Pure monopoly can raise the market price indefinitely due to the fact that the market structure is characterized by a single seller or manufacturer, selling a particular product in the market. In a pure monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute. He enjoys the power of setting the price for his goods. This in-turn leads to the customers being at the mercy of the seller.

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A grocery store has three open checkout lanes. On average, 45 shoppers arrive at these lanes per hour. The coefficient of variat
nadya68 [22]

Answer:

A.  

0.833

Explanation:

m = 3

Arrival rate, ra = 45 per hour

Service rate, re = 18 per hour per lane

Utilization factor = ra/(m.re)

                            = 45/(3*18)

                            = 0.833

Therefore, The utilization factor of the system is 0.833

6 0
3 years ago
Scenario D: Theo, Diana, and Teddy, who work for different organizations, are comparing the diversity makeup of their respective
Marrrta [24]

Answer:

"B"

Explanation:

Monolithic organization is an organization that forcefully incorporate all employees into a particular culture being practiced. It can be a very large organization but lack flexibility and its rate of reaction to changes can be very slow.

Its operational system are complicated as resources can be scarce. It believes it can influence employees' motivation, customers, the market and any other complex system.

This description fits into the situation at Teddy's place of work

3 0
3 years ago
If you put off making a decision or performing a task, you are _______.a.Weightingb.Prioritizingc.Analyzingd.Procrastinating
Nimfa-mama [501]
Procrastinating, the others are almost antonyms
5 0
3 years ago
Read 2 more answers
A risk is something that causes the possibility of a loss.
Stells [14]
This is a true statment
8 0
3 years ago
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The contrast error is committed when the rates rate people:
serious [3.7K]

Answer:

d) relative to others instead of against performance standards.

Explanation:

Contrast error is one that occurs during performance rating where a person is not rated objectively, but against previous people who performed good or badly.

The person's ratings is affected negatively or positively.

A person that performs well subconsciously sets a benchmark in the mind of the rater, and he now rates future participants based on this benchmark and not on performance standards that have been set.

5 0
3 years ago
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