All categories

3 years ago

Which of these is the result of a government-regulated natural monopoly?

Business

1 answer:

mart [117]3 years ago

5 0

The correct answer is:

C. often borrow more money than they should

Explanation:

In economics, a government-granted monopoly (also called a "de jure monopoly") is a kind of coercive monopoly by which a government presents particular prerogative to a separate individual or firm to be the individual provider of a good or service; potential competitors are eliminated from the business by law, ordinance.

You might be interested in

Eneri Company's inventory records show the following data: Units Unit Cost Inventory, January 1 10,000 $9.20 Purchases: June 18

slavikrds [6]

Answer:

d. $169,200

Explanation:

Total units available for sales = Beginning units + Purchases = 10,000 + 9,000 + 6,000 = 25,000 units

Number of units sold = Total units available for sales - Ending units = 25,000 - 4,000 = 21.000 units

Using LIFO method, cost of good sold can be calculated as follows:

Cost of good sold = (6,000 × $7.00) + (9,000 + 8.00) + (6,000 × $9.20) = $42,000 + $72,000 + $55,200 = $169,200.

Therefore, the cost of goods sold under the LIFO method is $169,200.

6 0

3 years ago

Benjamin Addai determined the following tax information: gross salary, $87,000; interest earned, $80; deductible IRA contributio

Lelechka [254]

<span>Benjamin Addai determined the following tax information: gross salary, $41,000; interest earned, $80; deductible IRA contribution, $1,075; personal exemption, $3,950; and itemized deductions, $6,200. Calculate Benjamin’s taxable income and tax liability filing single.</span>

6 0

3 years ago

"The price of coffee increases by 10%, and as a result, Alex purchases fewer donuts. This suggests that to Alex, coffee and donu

Travka [436]

Answer:

Complementary goods

Explanation:

Complementary goods are goods that are demanded for together or consumed together. If the demand for one of the complementary goods increases, the demand for the other good increases and vice versa.

If the price of coffee increases by 10%, the demand for coffee and doughnut would fall according to the law of demand.

I hope my answer helps you.

8 0

3 years ago

What must be be true for a resource to NOT be scarce?

sashaice [31]

Answer:

It has to be a free resource or good

6 0

3 years ago

Sally is looking to invest in Agricon Products when its P/E ratio is lower than 15. Each share is currently projected to earn $1

snow_lady [41]

Answer:

Explanation:

P/E ratio is a method of valuing a company. It is derived by dividing price of the stock by earnings

1. $18/1.3 = 13.8

2. 19/1.3 = 14.6

3. 20 / 1.3 = 15.4

The first and second stock have a P/E ratio is lower than 15.

4 0

3 years ago