One problem with government operation of monopolies is that the government typically has little incentive to reduce costs.
<h3>What is a monopoly?</h3>
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.
An example of a monopoly is a utility company
Here is the complete question:
One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs.
To learn more about monopolies, please check: brainly.com/question/10441375
#SPJ1
Answer:
Explained
Explanation:
Corporate Level Strategy (since focuses on other company)
This is a business-level strategic decision. To make this decision, Joe and Debra would have to take the following actions:
Choose one of three approaches for selling chocolate bars: low-cost, differentiation, or focus.
Evaluate the intensity of competition and competitors' pricing of candies.
Evaluate what resources the company has to devote to manufacturing and selling chocolate bars.
<span>He assumed a formal leadership role. This means that he exercised his authority in the group in order to accomplish the project that they were given. This put him in a position of power as others had to answer to him in order to help with the project.</span>
Refer to the Numder of this question add with the second number hope this helps.
Answer:
Giles lives in a low humane orientation society.
Explanation:
To begin with, humane orientation is the degree which a society promotes and rewards individuals for being altruistic (not selfish), fair, generous and friendly to others in the society. Any society that posses and encourages such good traits can be said to be a high humane orientation society.
On the other hand, any society where people are selfish, unfair, not generous and unfriendly is a low humane orientation society. That is exactly the kind of society which Giles lives in.
