Answer:
The bridge 's owner has a natural monopoly, and the marginal production cost (letting another car drive through it) is close to nil.
Explanation:
Since building several bridges to compete is inefficient, but building one bridge at a lower average cost to customers would be effective. If the private monopolist builds the bridge it can charge customers exceptionally high prices.
There is a high fixed cost involved with constructing a bridge. Hence constructing a bridge is a mere privilege. Furthermore, there is no extra cost to allow another car to cross the bridge. It means that the marginal cost is zero or closer.
Answer:
Break even = $50 per visit
$100,000 profit = $60 per visit
Explanation:
In order to break even, the total revenue of the expected 10,000 visits must equal the costs necessary to perform them. The cost per visit is the only variable cost with the others being fixed costs:
In order to break even, the hospital must charge $50 per visit.
In order to earn an annual profit of 100,000, That profit must be spread out over the 10,000 visits, the profit required per visit is:
Since the break even price is $50, the hospital must charge $60 to earn an annual profit of $100,000.
Answer:
True
Explanation:
Current Ratio: The current ratio shows a relationship between the current assets and the current liabilities. The formula is shown below:
Current ratio = (Total Current assets ÷ total current liabilities
)
Quick Ratio: The quick ratio shows a relationship between the quick assets and the current liabilities. The formula is shown below:
Current ratio = (Quick assets ÷ total current liabilities)
where,
Quick assets = Current assets - inventories - prepaid insurance
So, the given statement is true
I assume this is a true or false question.
False.
Why is criticism needed anyway? Don't we have enough of that already?
We all know, by logic, what hurts others and what may bother them. Criticism is the act of picking on something with the intention of dislike.
If further explanation is needed, just comment below and I'd be glad to assist.
Answer:
C. Edge location
Explanation:
AWS Global infrastructure consists of multiple geographical locations. The locations are known as regions which provide a way to built highly fault tolerant infrastructures. AWS Global Infrastructures consists of four components; Availability Zones, Regions, Edge Locations and Regional Edge Caches.
