Answer: The following statements are true about this natural monopoly:<em> </em><u><em>It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.</em></u>
Natural monopoly is a form of monopoly that persists because of start-up costs of administrating a business organization in a particular industry. A organization with natural monopoly will be the only supplier of a commodity or service in an industry.
Answer:
Warby Parker is an eye glass manufacturing company, that manufacturers designer glasses that are cost effective. The management of Warby Parker believes that it's operations must be grounded in Cooperate Social Responsibility
Explanation:
Warby Parker is an eye glass manufacturing company, that manufacturers designer glasses, that are cost effective. The management of Warby Parker believes that it's operations must be grounded in Cooperate Social Responsibility
Nigeria and Ethiopia have the most people. Please mark Brainliest!!!
Answer:
1) 6% , 2) 5% , 3) As inflation rate ise higher than expected inflation rate, real interest rate would be lower than expected real interest rate
Explanation:
Real Interest Rate is the interest rate, which accounts for the impact of inflation.
Real Interest Rate = Nominal Interest Rate - Inflation
1) 14% - 8% = 6%
2) 14% - 9% = 5%
3) In case of variation in expected & actual inflation rate
1 + nominal interest rate = (1 + real interest rate) (1 + expected inflation rate)
1 + 14% = (1 + r) (1 + 3%)
1.14 = (1 + r) (1.03)
1.14 = 1.03 + 1.03r
0.11 = 1.03r
r = 8.82 {If inflation is higher at 9%}
If inflation could have been at expected 3%, real interest rate could have been 14% - 3% = 11%.
So : As inflation rate turned out to be higher than expected inflation rate, real interest rate turned out to be lower than expected real interest rate
Answer:
The 4 main component of Business studies are,
- Finance
- Accounting
- Marketing
- Organizational Studies
Explanation:
Finance concerns with managing the money and the wealth of the organization so it could grow in the future.
Accounting is the function that records, controls and interprets the financial performance of an organization.
Marketing deal with the market that the company operates in, to enable the organization to adapt according to the current market status and customer needs.
Organizational studies the different aspect of organization, how to form them, control them, maintain them, different structure, etc.. Also, it concerns about the functions of a manager in an organization. Such as planning, leading and controlling.
