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3 years ago

What is a market that runs most efficiently when one large firm supplies all of the output referred to as?

Business

2 answers:

elena-s [515]3 years ago

8 0

The answer to this question is Natural monopoly.

gulaghasi [49]3 years ago

7 0

What is a market that runs most efficiently when one large firm supplies all of the output referred to as? Natural monopoly. A natural monopoly happens when there are high fixed costs or start-up costs when running a business in certain industries. A natural monopoly example are pipelines that run for water and gas. This is because they are expensive to start and run but also extremly necessary and specific to the industry.

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You and your friend are traveling home, you discuss how each of you might otherwise have used the four hours devoted to attendin

nekit [7.7K]

The relevant opportunity costs for you and your friend for allocating four hours to attending the concert are "watching a sporting event on TV for you and studying for your friend. "

An opportunity cost is characterized as the estimation of a forgone action or elective when another thing or action is picked. Opportunity cost becomes possibly the most important factor in any choice that includes a tradeoff between at least two alternatives. It is communicated as the relative cost of one option as far as the next best option.

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3 years ago

The demand for loanable funds depends on future income. a. True b. False

aliina [53]

Answer:

The answer is "Option b".

Explanation:

The Loanable funds are the amount of all the assets that individuals and companies have agreed to save and lend to creditors instead of for personal use, as an investment.

The earnings are also the foundation for supplying loanable funds. That request for credit funds is focused on lending. This relationship among saving provision and loan request decides its real rate as well as the sum of loans.

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3 years ago

A. True

ankoles [38]

What is the original statement?

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3 years ago

Tucker Company makes chairs. Tucker has the following production budget for January - March. January February March Units Produc

Mademuasel [1]

Answer:

Tucker Company

The number of board feet of wood that Tucker needs to purchase in February is:

= 46,297.

Explanation:

a) Data and Calculations:

Production Budget

January February March Total

Units Produced 11,297 12,205 9,276 32,778

Board fee for each chair 4 4 4 4

Total board feet required 45,188 48,820 37,104 131,112

Board feet required 45,188 48,820 37,104 131,112

Ending Materials Inventory 9,764 7,421

Beginning Materials Inventory (0) (9,764) (7,421)

Purchase of board feet 54,952 46,297

3 0

3 years ago

Autocratic leadership is likely to be effective when: subordinates are highly trained professionals. the organization faces an e

andrew-mc [135]

When the organization faces an emergency situation.

Autocratic leadership (or authoritarian leadership) is characterized by a single person taking control of decision making. In an emergency, having a clear leader is sometimes the best option.

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3 years ago