A natural monopoly occurs when the most efficient number of firms in the industry is one. A natural monopoly will typically have very high fixed costs meaning that it impractical to have more than one firm producing the good.
Examples are Gas network, Electricity grid
Railway infrastructure.
A natural monopoly poses a difficult challenge for competition policy, because the structure of costs and demand seems to make competition unlikely or costly.
Hope this helped :D
~Melis
Answer:
Explanation:
Booker T. Washington- encouraged African Americans to improve their educational and economic well being (wealthier) in order to end segregation. this will give people more respect and get better jobs.
W.E.B DuBois- believed African Americans should protest unjust treatment and demand equal rights.
I think Booker T Washington had a better strategy because it is better to improve yourself because it will last, Protest will not last. He gives them the intelligence people need to be respected in the society. Gain rights on your own. The problem is it is not easy for Blacks to get a better education because of the court case Plessy.v.Furguson seperate but equal.
Answer:
AUTEUR
Explanation:
AUTEUR, the French translation for author is also used to denote an artist. The term describes directors and filmmakers who are responsible for controlling many aspects of a creative work. An Auteur possesses a single vision and consistent individual style that makes his work unique.
Answer: Licensed
Explanation:
According to the given scenario, the government agency providing the authorization to the people for work in the specific occupation after the completing their approved education qualification according to the requirement and also passed the state board test is known as the licensed.
A term licensed is basically refers to the official permission or authorization giving by the state government for some specific work or requirement. It is an authorization so that the people can able to used the licensed material.
Therefore, Licensed is the correct answer.
Answer:
Africa is the only continent crossed by both the Prime Meridian and the Equator.
