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sergeinik [125]
3 years ago
5

Pure monopoly refers to_____. rev: 05_15_2018 Multiple Choice

Business
1 answer:
alisha [4.7K]3 years ago
5 0

Answer:

The correct answer is option c.

Explanation:

Pure monopoly refers to a market where there is a single producer selling a product with no close substitutes. Such type of market is very rare.  

There is restriction on entry and exit of firms in the market. The firm operating in this market is a price maker and faces a downward-sloping demand curve.  

No close substitutes, single seller and barriers to entry are essential conditions for a pure monopoly to exist.

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Which of these types of buildings would not be found on the plaza principal?
scoundrel [369]

The Answer is 

"<span>family homes "

</span>

<span>“Family homes” would not be found on the plaza principal. However the other two types i.e. municipal building as well as cathedrals will be found on plaza principal. The common events or activities found at the plaza principal are fiestas or festivals and meeting with friends.</span>

3 0
3 years ago
Q7. Which of the following is a necessary condition – something that must occur—for nominal GDP to rise? Explain your answers.
shusha [124]

Answer:

Either the price level or real GDP must increase

Explanation:

Gross Domestic Product (GDP) is used to measure the economic growth, purchasing power, and overall economic health of a country. nominal Gross Domestic Product, measures the value of all final goods and services produced within a country’s borders at current market prices. It takes change in prices and interest rates, inflation and money supply into account when calculating a country’s gross domestic product. Real GDP takes nominal GDP and adjusts for inflation or deflation by comparing and converting prices to a base year’s prices. For nominal GDP to rise there must be increase on either the price level or real GDP.

5 0
3 years ago
Paying for a WiFi Network. Consider a small town with 1,000 households. The town could install a wireless WiFi network that woul
lesantik [10]

Answer:

a.The efficiency of the WiFi system will depend upon the usage and the speed of internet provided by the ISP (Internet Service Provider). Keeping in mind that the town have 1,000 households the network to choose will need to be fast and reliable also each household should be allowed to download a certain amount of DATA via internet so that the each household can get benefit from the WiFi System.

b. If each household is willing to pay $50 per year the contribution received will be $50×1,000 = $50,000. So the cost of WiFi system will be recovered.

c. If the town keeps tracks of the contributions and ask the household to contribute at least $20 per year so yes the total cost of WiFi system will be recovered. $20× 1,000= $20,000

Explanation:

6 0
3 years ago
Advances in technology like the creation of cheap, lightweight laptops has allowed workers to work from almost anywhere. Please
andriy [413]

Answer:

Got this from the same website you used

Explanation:

Advances in technology like the creation of cheap, lightweight laptops have allowed workers to work from almost anywhere. TRUE.

5 0
2 years ago
Jensen was unable to meet a project deadline, and he noticed that his friend was finding it equally difficult to complete the pr
laiz [17]

The perception of Jensen to blame the management regarding the unavailability of resources is a representation of defensive bias.

<h3>What is bias?</h3>

A bias is a partial psychological orientation, which represents favor towards a particular thing or condition.

When someone does want to blame himself for not being able to complete the tasks being assigned, such a person will represent a defensive bias, so that he diverts the blame from himself.

Hence, the defensive bias of Jensen is represented in the situation as aforementioned.

Learn more about bias here:

brainly.com/question/1236875

#SPJ1

5 0
2 years ago
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