Answer:
The correct answer is A
Explanation:
Natural monopoly is the kind of monopoly which exists because of the high start up costs as well as the powerful economies of scale for conducting or performing a business in a particular industry.
And for this type of monopoly to exist , a firm or business need that the long run average cost curve will exhibit the economies of scale by the relevant range of the market demand.
A successful referral makes an employee feel better about the company they work for
Answer:
The correct answer is a) $24,000
Explanation:
At the end of the year, Morgan still holds $140,000 of this merchandise
Lewis Inc. owns 40% of Morgan and applies the equity method
40% = 0.4
$140,000 x 40% = $56,000
Lewis buys inventory costing $400,000 and sells it to Morgan for $700,000.
$700,000 - $400,000 = $300,000
=$56,000 x ($300,000 ÷ $700,000)
=$56,000 x 0,428571429
= $24,000
Answer:
(A) "So, the government decides to reduce the tariffs on imported raw materials."
(B) "It also introduces special economic zones where certain goods can be traded tax-free."
Explanation:
Liberal economic policies usually revolve around deregulation of many governmental policies, since advocates tend to prefer a market that is as free as possible – meaning, it is free of governmental influences. Liberal economy is also a form of capitalism, and thus they would support (A) and (B) most, since it reduces barriers for businesses to operate at a profit.
They would not support (C) and (D) since these two concepts are instead socialist economic policies.