1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gekata [30.6K]
3 years ago
5

In a magazine article, a writer explained that the provision of electric power in the United States consists of two processes: t

he generation of electricity and the distribution of electricity. The writer argued that "power distribution is a natural monopoly... . But ... there's ... no reason why the people who generate the electricity ... should be the same people who own the power lines."
a. Why would the distribution of electric power be a natural monopoly?
b. Why would the generation of electric power not be a natural monopoly?
Business
1 answer:
WINSTONCH [101]3 years ago
6 0

Answer: Monopoly is a firm which is the only seller of a particular products or services.

One of the reasons for monopoly is to be privilege to be the only one to have access to a product, in this situation the generating company will naturally have monopoly of distributing electric power since you can only have access to electric power for distribution if you are a power generator or you obtain from them.

A natural monopoly of electricity distribution been conferred on the generating company will help to eliminate price increase by middle men.

2. The generating of electricity power should not be a natural monopoly for this reasons

1. Generating activities is the only sources of electricity limiting it to a firm may exposed it to market population.

2. The scarcity of a competitive substitute for electric power will make the monopolization of it's generation harmful.

You might be interested in
At the best answer for the question
Alex Ar [27]

Answer:

The correct answer is D. Retail.

Explanation:

Retail is the sale to the final consumer of goods and services. It is a sector formed by different branches (such as the food industry, the fashion industry, the home industry, etc.), which constitutes the last link in the supply chain that goes from the manufacturer to the consumer, it is In other words, it is the culmination of the process of production of goods and services, when they reach the consumer. This sale is usually carried out in stores, supermarkets, pharmacies, internet platforms and any other place where goods and services can be offered to final recipients.

5 0
2 years ago
Government payments to suppliers are called excise taxes. <br> True<br> or <br> False
Anna71 [15]
The answer to your question is TRUE
3 0
3 years ago
Read 2 more answers
Consumers decisions are primarily affected by preference and ________
Nady [450]

Answer:

price

Explanation:

5 0
2 years ago
Read 2 more answers
1. Congress passed the Sarbanes-Oxley Act to ensure that investors invest only in companies that will be profitable.
Oksana_A [137]

Answer:

1. False

2. False

3. False

4. True

5. True

Explanation:

1.

Sarbanes-Oxley Act was a federal law that was established by congress to sweep auditing and financial statements for public companies. The main aim for this was to improve the investor confidence by improving reliability in accounting statements. Errors in the financial statements for the public companies were to be minimized following this law especially in the wake of numerous cases of corporate crime. This law was never passed to ensure that investors only invest in companies that will be profitable, since the choice of which company to invest in is exclusively left to the investor. So the above statement is false.

2.

Ethics can be defined as a set of rules and regulation that govern the moral behavior of someone. Ethical standards vary from one region to another since they are majorly cultural, for example; a behavior in the United States can be considered as appropriate while the same behavior in a different place can be inappropriate. Ethical standards are either right or wrong, and the actions are judged on these terms. Ethics don't measure whether a actions are loyal or disloyal, thus the statement is false.

3.

The primary accounting standard setting body in the United States is Financial Accounting Standards Board (FASB). This body is charged with regulating and setting the best standard of accounting practice. The FASB usually constitutes a board whose officials are rigorously assessed. The board members have to be professionals in the field of accounting.  Securities and Exchange Commission on the other hand is an independent federal agency with the authority to enforce federal security laws. Thus the statement above is false.

4.

The historical cost principle suggests that the companies record assets cost at their original cost and continue to report them at their original cost over the time the asset is held. The historical cost principle is a generally accepted accounting principle that has been in use for a long time. The definition about the historical cost principle in the question above is therefor true.

5.

The monetary unit assumption dictates that business related activities be converted to monetary units. There are some business transactions that are however quite difficult to convert into monetary units, therefor the accountant in using this principle is only obliged to record only the transactions that can be measured in money terms. The statement about monetary units in the question above is thus true.

8 0
3 years ago
Serena's financial goal is to reduce debt. Which statement could make Serena's financial goal specific and timely?
dimaraw [331]
B. Serena should focus on a certain amount and track her spending
5 0
3 years ago
Other questions:
  • You buy a share of The Ludwig Corporation stock for $21.40. You expect it to pay dividends of $1.07, $1.1449, and $1.2250 in Yea
    15·1 answer
  • How much money does a teacher make
    10·1 answer
  • In the late nineteenth century, many businessmen argued that the United States should be prepared to compete with nations throug
    8·1 answer
  • Which of the following would occur if a firm chose not to hold inventory for a given product?
    12·1 answer
  • Explain what a trade war is
    11·1 answer
  • Who is an HR manager?
    8·1 answer
  • How to work out opening balance?​
    7·2 answers
  • Explain what would happen if there was safety issue of renting the apartments
    8·1 answer
  • The foundation of good performance management is and choosing the best method(s) for measuring it. Use your knowledge of the bal
    9·1 answer
  • Big Lots is able to compete against Wal-Mart with a cost leadership strategy because of its strengths in highly disciplined merc
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!