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Alona [7]
3 years ago
5

Eric and Chris run a non-regulated natural monopoly producing electricity for a small town. The barrier most likely preventing o

ther firms from competing with her is
Business
1 answer:
alexdok [17]3 years ago
5 0

Answer:

increasing returns to scale

Explanation:

The biggest barrier for other firms are increasing returns to scale. This is because Eric and Chris have their company already established and also have their clientele all hooked up and using their service. This allows them to produce a much higher electrical output for their clients with a certain Income. Newer companies will need a much higher income just to be able to produce a similar electrical output in order to try and compete with Eric and Chris.

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The economy is in a recession and the government wants to increase output. If the multiplier equals 3 and the government increas
sashaice [31]

Answer:

The answer is 750

Explanation:

When government increases its spending, this increase in spending leads to increases in income for households which cumulatively increase the national income, this effect is known as multiplier effect.

Government has increased its spending by 250 while multiplier effect is 3.

Therefore, output will increase by 750(250 x 3)

3 0
3 years ago
The table below reports the total population in a country and the number of people in different groups as below:Total population
weqwewe [10]

The unemployment rate in this population is 12%

First of all we have to find the total labour force in this country

Children less than 18 + people in the military + people in jail + retirees + marginally attached workers + full time students

= 50million + 15million + 30 million + 10 million + 30 million + 20

= 155 million

Labor force = 280million - 155 million

= 125 million

In this population those working full time and part time are the number of those that are employed.

= 30 million + 80 million

= 110 million

The unemployed = 125 million - 110 million

= 15million

The unemployment rate =

\frac{Unemployed}{LaborForce} \\=\frac{15}{125}

= 0.12

The unemployment rate = 12%

Read more on brainly.com/question/15707932?referrer=searchResults

5 0
3 years ago
Why does the government plan its financial expenditure framework for a period of five years?
drek231 [11]

This is to ensure that they complete the project within the appointed period of time as well as within the budget given to them.  It also shows how effective the government is in implementing their projects.  If they don’t do so within the period and the budget then people will question their efficiency in completing their assignments and project within the period prescribed.

7 0
4 years ago
Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $70. Limit Buy
harkovskaia [24]

Answer:

<u><em>$69.80</em></u>

Explanation:

Note, a market order is an order designed to execute an order immediately by <em>matching the best available price</em> on the sell order list.

When we look carefully at the sell order book, we observe that the only sell order containing the specified quantity of 120 units of shares at a price close to the market price is <u>$69.80.</u> Even though there are other cheaper orders are available, their order quantity does <em>not </em>match the market buy order for the 120 shares and thus would not be filled.

7 0
3 years ago
A liquid asset is one that is easy to cash in.
Yuliya22 [10]
Cash on hand is the most liquid asset. Money in a savings account is a popular liquid asset and is very easy to withdraw and more liquid than a loan to a business.
5 0
3 years ago
Read 2 more answers
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