1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ray Of Light [21]
3 years ago
15

Which of the following total cost functions suggests the presence of a natural​ monopoly?

Business
1 answer:
monitta3 years ago
8 0

Answer: B. TC​ = 50​ + 20Q

Explanation:

A Natural Monopoly is generally associated with a firm that has very high initial fixed costs. These costs are generally related to the use of high scale technology or machinery to operate effectively.

Some examples include, gas pipelines, electricity grids, and the like.

They act as both a deterrent for companies to join the market as well as to exit.

Option B shows the typical Total Cost function of a Natural Monopoly and reflects the high initial costs as well.

You might be interested in
What is business idea? Explain its characteristics​
WINSTONCH [101]

Answer:

A business idea is a concept that can be used for financial gain that is usually centered on a product or service that can be offered for money.

Explanation:

3 0
2 years ago
Which of these features of modern urban mass transit is most important?
sasho [114]
The 1rst one
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
8 0
3 years ago
Paint packaged in aerosol cans is dangerous because it has a risk of ___________.
12345 [234]
Exploding i’m pretty sure lol
3 0
3 years ago
An economy where the government sets prices, determines what and how many items will be produced, and assigns
marysya [2.9K]
The answer would be A, command economy
5 0
3 years ago
World Grocer sells high-quality products and grocery items that are unique to its highly populated area; in addition, it offers
Rzqust [24]

Answer:

<u>Focused-differentiation.</u>

Explanation:

A focused differentiation strategy is a strategy used by organizations to reach a group of customers through the marketing of differentiated products and services that provide added benefits to the consumer.

This strategy is characterized by the combination of the business strategies developed by <em>Porter</em>, which are:

  • Cost leadership
  • Differentiation and
  • Focus.

The greatest benefits added to this strategy are the increase in consumer loyalty, since offering targeted and differentiated services guarantees the improvement of service, quality and increase of the company's reputation.

There is also the possibility of increasing profits, due to the sale of differentiated and exclusive products, which may have a higher purchase and sale value.

8 0
3 years ago
Other questions:
  • Cooperton Mining just announced it will cut its dividend from $4 to $2.50 per share and use the extra funds to expand. Prior to
    10·1 answer
  • Dipboye's model of interviewer decision making implies which of the following? a. The interviewer controls what information is p
    14·1 answer
  • The unearned rent account has a balance of $72,000. if $18,000 of the $72,000 is unearned at the end of the accounting period, t
    5·1 answer
  • A benefit of job specialization is that it a. is more difficult to design equipment. b. is easier to train new employees. c. is
    8·2 answers
  • Nokia’s loss of market share of U.S. cell phone business is a result of __________
    5·1 answer
  • Use the below information to answer the following question.
    13·1 answer
  • The rate of economic growth per capita in france from 1996 to 2000 was 1.9% per year, while in korea over the same period it was
    6·1 answer
  • An oligopoly is a market in which a the actions of one seller in the market have no impact on the other sellers' profits. b firm
    8·1 answer
  • Select all that apply.
    11·1 answer
  • is a guiding philosophy and management approach that emphasizes efficiency through elimination of waste in company operations.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!