Business, 01.12.2020 16:20 kelseyxxswd2932
Which of the following reasons explain why a natural monopoly might exist?
A. Extremely high start-up costs.
B. A cartel owns the natural resource.
C. The government has banned other firms from entering the market.
D. The good or service is not proprietary.
Answers: 2
Business, 21.06.2019 16:20
Winston uses the high-low method. it had an average cost per unit of $10 at its lowest level of activity when sales equaled 10,000 units and an average cost per unit of $6.50 at its highest level of activity when sales equaled 20,000 units. what would winston estimate its total cost to be if sales equaled 8,000 units?
Answers: 3
Business, 22.06.2019 16:30
Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?
Answers: 2
Business, 23.06.2019 04:00
Management training programs, mentoring programs, and coaching systems are examples of
Answers: 1
Which of the following reasons explain why a natural monopoly might exist?
A. Extremely high start-...
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