Good things
1. Government can control market failure
2. It help optimize social welfare
3. It prevents monopoly
Bad things
1. Lack of efficiency
2. No rewards
in this scenario, Rachel's hearing threshold for detecting her friend's call is at a distance of 15 feet.The term hearing threshold denotes the sound level below which Rachel can not perceive and detect the sound. This value is different for each person and differ individually. It is used to determine a person's degree of hearing loss.
Answer:
Contribution margin per unit of limited resource
Explanation:
When a company has a limited resource on which the generation of income depends, it is to decide that the company cannot generate more income because it does not have more of that resource, for example space in M2 for commercialization or storage, or a manufacturing equipment, it must Investigate what is the contribution margin to the unit of that limited resource and manage the product that has the greatest.
One problem with government operation of monopolies is that the government typically has little incentive to reduce costs.
<h3>What is a monopoly?</h3>
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.
An example of a monopoly is a utility company
Here is the complete question:
One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs.
To learn more about monopolies, please check: brainly.com/question/10441375
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