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2 years ago

why do natural and geographical monopolies arise, and why are they often good for the economy and for consumers

1 answer:

3 0

They arise because goods can sometimes be found only in certain parts of the world. A famous example of this was historically silk which was only found in China and everyone had to pay what the Chinese manufacturers said. It was good for Chinese economy because their merchants and silk manufacturers were rich, and in return the consumers were satisfied because they had the original high quality silk coming straight from China which ensured quality.

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PLEASE HELP!

qwelly [4]

It should be comparative advantage or D.

Hope this helps :p

7 0

3 years ago

Read 2 more answers

Which of the following is NOT one of the five basic functions of an

Alex73 [517]

Sales is NOT one of the five basic functions of an accounting department

<h3>What is accounting department?</h3>

The accounting department is responsible for recording and reporting the cash flows, both in and out, of a company. It is part of the corporate overhead group of an organization.

An accounting department provides accounting services and manages the finances of a company.

There are five basic roles or functions within the accounting department:

Accounts receivable

Accounts payable

Payroll

Financial controls

Financial reporting

Therefore, sales is not one of the basic functions of an accounting department.

Learn more about accounting department here : https://brainly.in/question/13651687

4 0

2 years ago

City Slick, Inc., makes cosmetics. City Slick intentionally mislabels its packaged products to conceal a defect. Trusting and re

Temka [501]

Answer:

b. Fraud

Explanation:

The fraud is the wrongful act done by a person to gain a personal or financial profit. It is to be done intentionally.

Since in the given situation, the city intentionally mislabels its packaged products to hide a defect and after buying the product the dora suffers an injury

So in this case the city slick is liable for fraud as the company do this thing intentionally to generate a high profit

7 0

3 years ago

Fiberone cereal costs about the same as apple jacks, boo berry, multigrain cheerios, cinnamon toast crunch, crispix, and corn fl

Vsevolod [243]

Fiber one cereal costs about the same as apple jacks, boo berry, multigrain cheerios, cinnamon toast crunch, Crispix, and corn flakes. this is an example of status quo pricing.

In status quo pricing, you choose to sell your product at a set price that everyone else is selling their product to.

An oft-cited example of status quo pricing is the soft drink industry. Prices for bottles of soda tend to be fairly constant, whether it's a Coca-Cola product or a Pepsi product. and Pepsi typically represents the status quo when it comes to pricing.

Learn more about total costing here: brainly.com/question/25109150

#SPJ4

6 0

1 year ago

A mutual fund had NAV per share of $19.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.14. Income

slava [35]

Answer:

9.63%

Explanation:

Calculation of Mutual Fund rate of return that the investor receive on the fund last year

Using this formula

Rate=(Fund's NAV -NAV per share +Income distributions+ Capital gain distributions )

Let plug in the formula

Where:

Fund's NAV =$19.14

NAV per share=$19.00

Income distributions=.57

Capital gain distributions =1.12

Hence

Rate =($19.14 - 19.00 + .57 + 1.12) / $19.00

=1.83/$19.00

=0.0963×100

Rate = 9.63%

Therefore without considering taxes and transactions costs, the rate of return that the investor receive on the fund last year will be 9.63%

5 0

2 years ago