Answer:
a. economies of scale.
Explanation:
Economics of scale refers to a scale in which there is a benefit of the cost that occurs when there is an efficient production
It can be accomplished by rising the production at less cost this arise as cost are allocated among the larger number of goods
Here, the local electricity who generated the company has a monopoly and are safe from the entry barrier
So this is a case of economies of scale
Hence, the correct option is a. economies of scale
Answer:
The correct answer is: taxes and government spending.
Explanation:
The government can reallocate resources from private and public goods through taxes and government spending. The government can reduce spending on private goods by imposing taxes.
It can increase the allocation of public goods by using these tax earnings to spend on public goods through government spending. In this way, the government can reach the efficient allocation of resources.
Answer:
The correct answer is (B) Price.
Explanation:
The price is a marketing variable that comes to synthesize, in a large number of cases, the commercial policy of the company. On the one hand, we have the needs of the market, set in a product, with certain attributes; on the other, we have the production process, with the consequent costs and profitability objectives set. That is why the company must be in charge, in principle, of setting the price it deems most appropriate.
For the potential customer, the value of the product is expressed in objective and subjective terms, since it has a very particular scale when computing the different attributes of which it is composed, hence the denomination of expensive or cheap it gives them. However, for the company the price is a very important element in its marketing mix strategy, along with the product, distribution and promotion.
