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.
Answer:
The symbol designed by Max is an example of trademark. The correct answer is a.
Explanation:
- Trademark is the symbol, sign, expression or design that signifes the products or services of particular company.
- Trademarks that signifies particular company or service mark if it signifies services, is an intellectual property which no other source can use without permission.
- Brand name is the name of the company that develops the product or service obtained which are also named with the same.
Answer:
(B) Analysis and design of work
Explanation:
HR functions , to resolve some problems like ,
- Recruiting the Right People for the Right Job profile
- Maintaining a Safe and healthy Environment
- Compensation and Benefits
- Employer-Employee Relations
Along with , listening to the complains and resolving them ,
As in this case , due to lack of clarity of the plan and resolving the conflicts at the work place .
Answer:
Portugal has comparative advantage in producing olives.
Switzerland has comparative advantage in producing fish.
Portugal can gain from trade if it receives more than 3 pounds of fish per crate of olives.
Switzerland can gain from trade if it receives more than 1/11 of olives for each pound of fish.
d. 18 pounds of fish per crate of olives.
Explanation:
Switzerland and Portugal both countries can produce Olives and fish. One country has advantage in producing fish while other has advantage in producing olives. Both countries can gain from trade if they find a intermediary way so that both countries can be in win win situation. It is beneficial for Portugal if it trades with Switzerland if it receives more than 3 pounds of fish.
Answer:
The answer to this question is given below in the explanation section.
Explanation:
In this question, it is asked about two things. Registering and business and registering a website.
First, we explore registering a business, and then we will explore registering a website.
Registering a business:
In any economy or any country, if you are making any type of business and it is legally approved by that government, then it is your moral duty to register the business because government collect taxes from registered business and give benefit in return to those whose business is registered.
To register a business, it requires you to register your business with company registration institution. The business that has registration considered authentic and legally proved business and everyone can trust these businesses while dealing. Government gives incentives and benefits to registered business and solve their issues if they have any, for example, to do import and export, the government facilitate you in this regard.
Registering a business website:
Registering a business website is like to make your online existence that everyone globally approaches you. Registering a business and registering a website, both are different things. Registering a business website, or getting a domain for your site, does not count as registering it. The procedures for registering a business in any country is different than registering or getting a domain name for your website. for example, if I am in Pakistan, and I want to register my website, it might chances that I will register it on Microsoft cloud or google cloud. This registration does not contribute and give benefit to Pakistan in the collection of tax. And the government does not give me incentive as likes others who have registered their business with registration body.
