Persia was a kingdom during the time of the ancient Greeks that was located inside what is now known as Iran. The Persians were expert warriors and their leaders were often covetous of lands and riches near and far, that they knew of. The Greeks clashed a number of times with them, most notable when the Spartans led by Leonidas turned back a massive invasion force at Thermopylae, and yes that was a real battle and the "Hot Gates" is a real place, as well as a number of other less well known battles.
Answer:
Opportunity cost
Explanation:
According to my research on business terminology, I can say that based on the information provided within the question the term being defined is known as Opportunity cost. This term is defined as the loss of other alternatives when one alternative is chosen.
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What are some challenges caused by a natural monopoly? Check all that apply.
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A. It can raise prices without concern for customers
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B. It is unable to serve all of the customers in market
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C. It lacks incentive to improve its goods and service
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D. It might not increase production if it cannot make a profit
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E. It cannot be controlled by the government or other outside forces
<u>Answer:</u>
Some challenges caused by a natural monopoly are:
- A. It can raise prices without concern for customers
- C. It lacks incentive to improve its goods and service
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D. It might not increase production if it cannot make a profit
<u>Explanation:</u>
A natural monopoly is a sort of syndication that exists because of the high beginning up costs or amazing economies of the size of the leading business in a particular industry. It emerges because of economies of scale. has a high fixed expense for an item that doesn't rely upon yield, yet its minimal expense of delivering one all the more great is generally steady, and little.
It tends to be scrutinized as a result of their latent capacity negative impacts on the buyer, including Raise costs without worry for clients, Lacks the motivator to improve its merchandise and administration, Not build creation on the off chance that it can't make a benefit.
Manners are commonly accepted social behavior. Manners tell you what is polite to do, and what is not. Mind you, what is considered manners in one country, may be rude in another. For example, it is rude in Japan to finish your meal completely, because your host may think that if you've eaten everything on your plate, you may still be hungry.