Answer:
The bridge 's owner has a natural monopoly, and the marginal production cost (letting another car drive through it) is close to nil.
Explanation:
Since building several bridges to compete is inefficient, but building one bridge at a lower average cost to customers would be effective. If the private monopolist builds the bridge it can charge customers exceptionally high prices.
There is a high fixed cost involved with constructing a bridge. Hence constructing a bridge is a mere privilege. Furthermore, there is no extra cost to allow another car to cross the bridge. It means that the marginal cost is zero or closer.
Answer:
$53, 700
Explanation:
The question is not complete:
The completion is here:
6000 Units were produced and determine the total amount of direct manufacturing cost incurred.
Step 1: Calculate the Direct Manufacturing Cost
Direct manufacturing cost is the cost of those input raw materials that are directly related to the product as well as the units being produced.
Direct Manufacturing Cost = (The Direct Material/ Unit + The Direct Labour/ unit) x Units Produced
= ($5,20 + $3.75) x 6000 units
= $8.95 x 6000 units
= $53, 700
Therefore, the direct manufacturing cost is $53, 700
<span>Lawns would be the the needed land resource. Without lawns you would have no business. Starting a lawn care business in the desert would not be effective because you would not have the land resource of lawns with grass to cut. All of the other options are resources that you would need but they are not land resources.</span>
Answer:
$118250
Explanation:
You have $118250 at your disposal to spend; regardless of it being a loan or not.
Cheers
Answer:
D. best-case scenario.
Explanation:
This is true because, there are two scenarios involved in the production- Jimenas' company's production method and Spicy Sides company's method. She is trying to compare the two production methods and comes up with the best case scenario that leads to low cost of production.
