Answer:
Option (a) is correct.
Explanation:
A natural monopoly refers to a market situation in which there is a single large firm controlling the whole market because it can produces the output at lower cost than any other group of small firms. There is only one single seller in the whole market.
It is a monopoly in which there is a high infrastructural costs and there is a restrictions on the entry of the new firms. This large firm have an overwhelming advantage on its potential competitors in the market.
Examples of industries in a situation of natural monopoly:
Public utilities: Water services and Electricity services.
Answer:
1) A 2) B 3) D 4) C
Explanation:
You see you take them and think what they could mean like "reliable" means to trust or confide yourself to that person/place/or/and thing.
<span>The situation in which the sales is shifted from selling strictly components to solving its customers' problems with more tailored offerings is an example of modified rebuy.
</span><span> The economic term modified rebuy describes the buying situation in which the buyer wants to reorder a product or service but seeks changes to terms, prices, suppliers or product specifications, but the product or service is the same. The buyer just reorders the product under different terms.</span>
Answer:
14.81%
Explanation:
Data provided in the question:
Average return on stocks = 12.49% = 0.1249
Average risk-free rate = 2.56% = 0.0256
Small-company stocks averaged = 17.37%
Now,
The Risk premium on small company stocks is
= ( Return on small company stocks ) - ( Risk free rate )
or
Risk premium on small company stocks = 17.37% - 2.56%
or
Risk premium on small company stocks = 14.81%
Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.