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s344n2d4d5 [400]
3 years ago
13

If the distribution of water is a natural monopoly, then:__________.

Business
1 answer:
Alecsey [184]3 years ago
7 0

Answer:

d. multiple firms would likely each have to pay large fixed costs to develop their own network of pipes.

Explanation:

Option a is wrong because:

The initial investment is very high, therefore, the more firms competing will only increase the required investments and fixed costs associated with them, e.g. depreciation, maintenance. That is why the lowest average costs is generally achieved when only one firm serves this type of market.

Option b is wrong because:

A natural monopoly exists because it is extremely difficult for two or more competing firms to exist. Generally the required investment is very high, and the revenues are not large enough to allow two or more firms to compete.

Option c is wrong because:

Utilities require large initial investments, but once they are set up, the production costs are very small. I.e. the fixed costs are more relevant than the variable costs. Average production costs as decrease as the quantity produced increases.

You might be interested in
A sales rep is on a phone call with a prospect who likes to control the conversation. The constant interruptions make it hard fo
belka [17]

The sales rep on a phone call with a prospect controlling the conversation should do the following first:

  • a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus.

<h3>Why does a phone call with a prospect matter?</h3>

The phone call should be used to pitch the firm's products and services to meet the prospect's pain points.

To make the phone call successful, the sales rep should take these steps:

  • Develop a clear goal for the sales call.
  • Ask relevant questions, giving the prospect more opportunity to talk.
  • Discover the prospect's pain points.
  • Utilize every opportunity to pitch the firm's brand.

<h3>Answer Options:</h3>

a) Ask the prospect what she hopes to get out of the call to encourage her to re-focus

b) Tell the prospect that to work together well, she needs to follow the rep's call structure

c) Incorporate what the prospect says into his talking points when there's an opening

d) Offer to set up an in-person appointment to discuss the sales process in more detail

Thus, the first action of the sales rep in such a situation is <u>Option A</u>.

Learn more about making sales pitches and calls at brainly.com/question/6890728

7 0
2 years ago
Olivia+invests+$6,000+in+an+account+at+the+beginning+of+each+year+for+6+years.+if+she+earns+12%+per+year+on+her+investment,+what
Gekata [30.6K]

The equivalent present value of her investment is $71,057.62

Investment is an asset or object acquired with the aim of generating profits or appreciation. Appreciation refers to a boom in the value of an asset over time. when a man or woman purchases a good as funding, the purpose isn't to devour the best but as an alternative to applying it within the future to create wealth.

An investment is an effective manner to place your money to work and probably construct wealth. smart making an investment may also permit your money to outpace inflation and boom in price. The more boom ability to invest is more often than not because of the energy of compounding and the threat-go back tradeoff.

total investment for six-year = $6,000 × 6

                                                  = $36,000  

rate of interest = 12%

First, convert R as a percent to r as a decimal

r = R/100

r = 12/100

r = 0.12 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

 = 36,000.00(1 + 0.12/1)(1)(6)

 = 36,000.00(1 + 0.12)(6)

 = $71,057.62

The equivalent present value of her investment is $71,057.62

Disclaimer:- The correct format of the question is given below.

Olivia invests $6,000 in an account+at the beginning of each year for 6 years. if she earns 12% per year on her investment, what is the equivalent present value of her investment?

Learn more about investment here:-brainly.com/question/25300925

#SPJ4

4 0
8 months ago
Pick the correct statement related to net working capital from below. Multiple Choice Net working capital can be ignored in proj
zvonat [6]

Answer:

Net working capital is the only expenditure where at least a partial recovery can be made at the end of a project.

Explanation:

Net working capital is the difference between current assets and current liabilities. Net working capital measures a company's liquidity.

In project analysis, net working capital is part of the cost. It is usually subtracted from cash inflows.

Net working capital is a cash outflow.

Net working capital is the only expenditure where at least a partial recovery can be made at the end of a project.

4 0
2 years ago
Franchising allows a _____ the opportunity to set up a small business relatively quickly, and because of its association with an
Neporo4naja [7]

Answer:

franchisee , franchise.

Explanation:

Franchisee is a company or an individual that holds the franchise for the sale of the products .

Franchise is a company whose product are being sold by the franchisee.

So franchising lets a company to to set up a small business quickly because the franchisee is associated with a brand and a franchise reaches a break-even point a lot quicker than an independent business.

8 0
3 years ago
What conclusion can be drawn about managers?
svetoff [14.1K]

Answer:

they are paid more than customers service representatives

8 0
3 years ago
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