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OleMash [197]
4 years ago
15

Explain how and why governments may want to regulate the price setting of a natural monopoly.

Business
1 answer:
Softa [21]4 years ago
7 0
AS natural monopoly could be like emeralds from Colombia say or softwood from British Columbia, Canada whereby there are few competitors that have the product. The government may want to regulate the price of such goods such that it can't be accused of flooding the market on the world market (ie not too low a price) and this could be regulated by trade agreements like NAFTA or may limit the upper price limit to allow more purchasers to buy the product. Personally it is felt that so-called 'free-trade' agreements interfere far too much in the economies of member countries especially junior partners as they encourage the influx of cheap goods from other countries, thus putting out of business or lowering standards for good production within the country and also violating the laws of the country by provisions which overrule the laws normally used to protect goods from the country like import duties for example.
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Show what you need for each of your calculator keys when computing your answer.
ddd [48]

Answer:

           \large\boxed{\large\boxed{\$10,470.57}}

Explanation:

The monthly payment to pay a loan with constant rate is given by the formula:

      Payment=Loan\times \bigg[\dfrac{r(r+1)^t}{(r+1)^t-1}\bigg]

Where:

  • r is the monthly compounded rate and it is equal to the APR (annual percentage rate) divided by 12: r = 5.5%/12 = 0.055/12

  • t is the number of months: t = 60

Then, you can subsitute with the maximum payment to find the <em>maximun amount you can afford  to borrow</em> (loan):

     \$200=Loan\times \bigg[\dfrac{(0.055/12)((0.055/12)+1)^{60}}{((0.055/12)-1)^{60}-1}\bigg]

      \$200=Loan\times 0.01910116

     Loan=\$200/0.01910116=\$10,470.57

3 0
3 years ago
Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales b
MakcuM [25]

Answer:

they need to limit the material and labor costs to $22.75

Explanation:

given data

combined promotion = $3 million

contribution margin ratio = 35%

Selling price = $35 per unit

to find out

what would they need to limit the material and labor costs to

solution

we get here Contribution margin per unit that is express as  

Contribution margin per unit = $35 × 35%

Contribution margin per unit = $12.25 per unit

and Variable cost will be  

Variable cost = $35 - $12.25

Variable cost = $22.75 per unit

and we know Variable cost is also express as  

Variable cost = Direct materials costs + Direct labor costs + Direct factory overheads   ..............1

here direct factory overheads is  0 and Direct materials costs + Direct labor costs is $22.75

so put in equation 1

Variable cost =  $22.75  + 0 =  $22.75

so we can say that they need to limit the material and labor costs to $22.75

8 0
3 years ago
Employees who are travelling can connect securely to their office network through the internet when a ________ has been establis
lyudmila [28]
The asnwer for this question is: VPN
VPN stands for Virtual private network, which is a form of encrypted network that creates a safe connection to access a certain network.
IT will be a lot harder for hackers to get into VPN connection because VPN could block the data intrusion from the address that is not authorized by the owner.
4 0
3 years ago
After a tax is imposed on the buyers of bottled water, the price buyers pay is $2.50 per bottle and the price sellers receive is
Dafna11 [192]

Answer:

Tax per unit = $0.75

Explanation:

Given:

Buyers pay per unit = $2.50

Sellers receive per unit = $1.75

Equilibrium price = $2.00

Tax per unit = ?

Computation of tax per unit:

Tax per unit = Margin between Buyers pay and Sellers receive.

Tax per unit = Buyers pay per unit - Sellers receive per unit

Tax per unit = $2.50 - $1.75

Tax per unit = $0.75

8 0
3 years ago
Telecommuters are not key to a business continuity plan (BCP) because they work from remote locations. Therefore, any disruption
Marrrta [24]

Answer:

This false

Explanation:

A telecommuter is a remote worker that does his or her job from home and when it is time to have communications with their office, they do so through emails, fax, phone or the internet. the BCP is the ability of the organization to continue with its services and production even after a disruption occurred in the business.

A disruption in the business is capable of affecting the telecommuter too. Working remotely does not make their job less important

8 0
3 years ago
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