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Leokris [45]
3 years ago
5

Suppose that there is only one provider of a service in a state. Because this provider experiences economies of scale, the gover

nment does not want to break it into smaller pieces, but it does want the provider to supply the efficient quantity. Which of the following policy options might most effectively enable the government to achieve its objectives in this situation?a. Regulate the firm's pricing behavior.
b. Do nothing at all.
c. Turn the company into a public enterprise.
d. Use antitrust laws to increase competition.
Business
1 answer:
Radda [10]3 years ago
3 0

Answer:

The correct answer is A

Explanation:

Monopoly is the market structure in which there is a single seller of the product and service. And the seller enjoys the freedom and does not have any competition in the market.

So, this is the case of a monopoly market structure as there is only single seller in the state. And the government regulate the monopolies so that could protect the interest of customers and adopt the policies such as merger regulations, competition in market and breaking down the monopoly.

Therefore, the government could control the prices by price capping, in which the government set the limit on the prices of the service. And in the case of monopolies have the power set the prices above the equilibrium level. Hence, it is required to regulate the price.

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Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever pa
MArishka [77]

Answer:

A) ​a liquidated damages clause.

Explanation:

In contract law, a liquidated damages clause establishes a specified amount of money set as damages in case any of the parties involved breach a contract.

The specified amount of money should be an estimate of the damages that a breach in the contract would cause.

7 0
2 years ago
Supporters of socially responsible businesses claim that by becoming socially responsible, businesses can expect ________. more
Cerrena [4.2K]
The answer is less government regulation.

The other three are all restricting the businesses, even thought this statement was made by supporters of socially responsible businesses and the result should be positive.

I hope this helps!
6 0
2 years ago
Read 2 more answers
Which of the following taxes are not included in the employer's payroll tax expense? a.FICA taxes b.FUTA taxes c.Federal income
viktelen [127]

Federal income taxes  are not included in the employer's payroll tax expense.

<u>Explanation:</u>

The monthly salary of the employees are calculated based on deducing some amount for various things. The net pay is only paid as the salary of the employer. Employer payroll can be calculated by deducting statutory and voluntary deductions from the total salary.

The statuary deductions are made by the employer on the compulsory basis whereas the voluntary deductions are based on wish of the employee. Some of the statutory deductions includes withholding of  Federal income tax ,Social Security tax ,Medicare tax,Additional Medicare tax,State income tax  and Various local tax.

5 0
3 years ago
quizlit Inventory turnover can be calculated by ____. Group of answer choices dividing the cost of goods sold by average invento
Artyom0805 [142]

Answer and Explanation:

dividing the cost of goods sold by average inventory

5 0
2 years ago
Bade Midwifery's cost formula for its wages and salaries is $1,230 per month plus $240 per birth. For the month of October, the
ki77a [65]

Answer:

wages and salaries activity variance= $1,000 unfavorable

Explanation:

Giving the following information:

Standard:

Fixed= $1,230

Variable= $240 er birth

Actual:

101 births.

The actual wages and salaries for the month was $26,470.

To calculate the activity variance for wages, we need to use the following formula:

wages and salaries activity variance= (actual costs - standards costs)

standards= 1,230 + 240*101= $25,470

wages and salaries activity variance= (26,470 - 25,470)

wages and salaries activity variance= $1,000 unfavorable

4 0
2 years ago
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