Answer:
A natural monopoly occurs when the most efficient number of firms in the industry is one. A natural monopoly will typically have very high fixed costs meaning that it is impractical to have more than one firm producing the good. An example of a natural monopoly is tap water.
Explanation:
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Answer:
b
Explanation:
because the world revolves around the sun so if the earth does so does the other planets
Answer:
The answer is interpretative anthropology.
Explanation:
Interpretative anthropology is based on examining the way certain peoples interpret their own activities. Cliffford Geertz described these activities as "texts" that must be understood by the people who perform them, and then analysed by "literary critics" (the anthropologists). For this reason, this approach to anthropology is mostly based on the principles of linguistics and philosophy.
<span>Outsourcing is important because it helps businesses manage costs, become more efficient and be more flexible. It can also allow businesses to take advantage of new opportunities, notes The New York Times.
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To create a balanced budget, one must make sure to spend less than or equal to income.
<u>Explanation:</u>
A budget is about planning finance for specific period of time. The planning may include sales volumes and revenues, resource quantities, costs and expenses and cash flows. The budget helps in forecasting income and expense.
The budget is framed based on the cash flow. The budget is of three types: balanced budget, surplus budget and deficit budget.
The budget is said to be balanced budget only if the revenue equals the expenditures. So to create the balanced budget an individual must spend less than or equal to his income.
