The production budget establishes how many finished goods must be produced during each budgetary period to meet anticipated demand from customers.
Which budget illustrates the total anticipated number of units of goods anticipated to be sold over a specific time period?What the company can anticipate selling during the budget period is the main focus of the sales budget. Usually, both of the physical units are used to describe this anticipated transaction.
Which budget provides details on the quantity to be produced during a specific time period?The sales estimate and the anticipated amount of finished goods inventories to have on hand are combined to create the production budget, which determines the quantity of products that must be made.
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Augustus Gloop is at the candy store buying chocolates and lollies. Chocolates are $1 each, and bags of lollies are selling for $3 each. How will Augustus’s utility be maximised?
A. He needs to buy 3 bags of lollies for every 1 chocolate bar, until his budget is exhausted.
B. He needs to find the combination which exhausts his budget, and where the last bag of lollies delivers 3 times as much utility as the last chocolate.
C. He needs to find the combination which exhausts his budget, and where the last chocolate delivers 3 times as much utility as the last bag of lollies.
D. He needs to find the combination which exhausts his budget, and where the total utility from lollies is 3 times the total utility from chocolates.
E. He needs to find the combination which exhausts his budget, and where the total utility from chocolates is 3 times the total utility from lollies.
The combination that exhausts his budget, and where the last bag of lollies delivers 3 times as much utility as the last chocolate, will maximize Augustus's utility.Therefore, option B is the correct .
Augustus Gloop is purchasing chocolates and lollies at a candy store. The chocolates cost $1 each, while the bags of lollies cost $3 each. In order to maximize Augustus's utility, he must find the combination that uses up his budget while also providing the greatest amount of satisfaction.
When considering utility, it's important to remember that the amount of satisfaction one receives from a good or service is subjective and varies from person to person. The utility of each item is determined by the individual's preferences and needs. Augustus has two options for purchasing the candy: chocolates or bags of lollies. To maximize utility, Augustus should spend his entire budget and purchase a combination of chocolates and bags of lollies such that the last bag of lollies provides three times the utility of the last chocolate.
In other words, he should choose the combination that exhausts his budget and where the last bag of lollies delivers 3 times as much utility as the last chocolate. Therefore, option B is the correct .
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The financial statements for Highland Corporation included the following selected information:
Common stock $ 465,000
Retained earnings $ 830,000
Net income $ 1,030,000
Shares issued 93,000
Shares outstanding 80,000
Dividends declared and paid $ 720,000
The common stock was sold at a price of $31 per share.
What is the amount o f additional paid-in capital?
What was the amount of retained earnings at the beginning of the year?
How many shares are in treasury stock?
The financial statements for Highland Corporation included the following selected information: Common stock $ 465,000; Retained earnings $ 830,000; Net income $ 1,030,000; Shares issued 93,000; Shares outstanding 80,000; Dividends declared and paid $ 720,000
The common stock was sold at a price of $31 per share.
What is the amount of additional paid-in capital? Amount of additional paid-in capital: $1,108,000.$465,000/15 = 30,000, and $31 x 30,000 = $930,000.$930,000 - $465,000 = $465,000.$1,108,000 - $465,000 = $643,000.
What was the amount of retained earnings at the beginning of the year? The amount of retained earnings at the beginning of the year is $847,000. Retained earnings are carried over from the prior year as part of the ending balance, therefore,$830,000 - $1,030,000 + Dividends paid = $720,000
$Dividends paid = $720,000 – ($830,000 - $1,030,000)
$Dividends paid = $720,000 – $200,000 Dividends paid = $520,000
Retained earnings beginning balance = $847,000
Shares in treasury stock: The number of shares in Treasury Stock is 13,000 shares.
Explanation: Retained Earnings are the portion of a corporation's net profit that is stored in the company rather than paid out as dividends to shareholders. It is also referred to as Reserves, Accumulated Earnings, or Unappropriated Earnings.
Additional Paid-In Capital is the money raised by an organization in excess of par value from its shareholders. APIC is the money paid by shareholders for shares in excess of their face value. It includes equity paid in by shareholders in exchange for shares of stock.
Therefore, the amount of additional paid-in capital can be calculated using the formula:
Additional Paid-In Capital = (Issue Price per Share - Par Value per Share) x Number of Shares Issued.
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Lisi Crichton operates a variety store. Her brother does custom welding and made some racks to hold videos. Lisi gave her brother $5,000 cash and did not get a bill. A similar rack was on display at a department store for $1,000. You are told to book an expense on the company financial statement for $5000. What will you book the amount for?
Answer:
$1,000
Explanation:
Fixed assets must be recorded at historic cost or purchase value. Their valuation is not affected by changes in market values, e.g. land might appreciate over time, but its historic cost will be used for accounting purposes.
In this case, Lisi doesn't have a bill to show the price of the rack, and since she paid in cash, she has no way of proving what she actually paid for it. In this case, in order to record the purchase of the rack you must use the fair market value of similar racks.
Imagine if someone could just say that they purchased things at X price but didn't get a bill, soon people would be recording buying pencils at $500 each because they are gorgeous and perfectly crafted.
What are the two main concerns in dealing with the currency of a foreign country when selling your product internationally?
A. currency denominations and foreign exchange fees
B. currency fluctuation and local government regulations
C. Currency exchange fees and currency fluctuation
Answer:
Explanation:
B is out because we are only dealing with Currency, what government officials will do.
I would pick C. You have to worry about what banks are going to do when they exchange funds. You also have to be concerned about the currency does.
For example The Canadian dollar is worth about 78 cents American.
If the Canadian Dollar drops to 70 cents and the American dollar goes up 10c
The new spread is 8+ 10 = 18 cents. That can cost you a lot of money that you weren't counting on.
Why does the quantity supplied of stock go up when prices go up? A. Companies want to issue more stock when prices are high B. So Supply will match Demand C. More current owners are willing to sell their shares at a high price D. More expensive stocks make better investments
Answer:
I think its A
Explanation:
How does Newton's law apply to a company's brand? Explain, citing at least one example.
Answer:
The person who spoke says that, if the the brand is very huge, (so also it will have a huge baggage ), by this, the force that will be needed to change its positioning will be high. An example is companies like
Unilever, P&G like to keep all the brands they have differently like Pringles and cornflakes and another example is companies like Hoover found it very hard to convince the world that they were more than vaccum cleaners as a brand.
A commenced his cloth business on 1st April, 2018 with a capital of ₩30,000. On 31st March 2019, his assets were worth ₩50,000 and liabilities of ₩10,000. Find out his closing capital and profits earned during the year.
\( \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \)
Help me with this question ~
Answer:
Profits = ₩10,000
Closing Capital = ₩40,000
Explanation:
Let's note down the given information at first.
Opening capital = ₩30,000Worth of assests after 1 year = ₩50,000Liabilities = ₩10,000Now,
Profits
= (Worth of assets after 1 year - Liabilities) - Opening capital
= (₩50,000 - ₩10,000) - ₩30,000
= ₩10,000
Next, let's find the closing capital
= Assets - Liabilities
Assets ₩50,000
Liabilities ₩10,000
\(\rule{150pt}{1pt}\)
Closing capital ₩40,000
\(\rule{150pt}{2pt}\)
Which group is legally responsible for implementing
protection and controls that ensure your workplace
meets safety standards?
A. Employers
B. Unions
C. Employees
D. Government
Answer:
A
Explanation:
Answer:
It SHOULD be employers but i may be wrong... if i'm not CAN I PLES HAVE BRAINLYIEST
Explanation:
Also, if i'm right there is no need to thank me unless you want too
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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When financial statements are prepared, unexpired prepaid accounts are recorded as _______ (expenses/assets/liabilities) and the expired portion of the prepaid account is reported as a(n) _______ (expenses/assets/liabilities).
Dev is an employee of the foreign subsidiary of a United States based company who lives and works in the United Kingdom. According to FATCA, how much of his wages may Dev exclude from United States' taxes, according to 2021 guidelines? Multiple Choice $108,700 $93,650 $117,620 $104300
When financial statements are prepared, unexpired prepaid accounts are recorded as assets and the expired portion of the prepaid account is reported as an expense.
Prepaid expenses are expenses that a company has paid in advance. These expenses are documented on a company's balance sheet as a current asset until they are used up or expire. If a prepaid expense expires or is used up before the end of the accounting cycle, the expense is recognized in the income statement as an expense in the period in which it is used up or expired. Therefore, unexpired prepaid accounts are recorded as assets and the expired portion of the prepaid account is reported as an expense.
Under the FATCA guidelines, Dev may exclude up to $108,700 of his wages from United States taxes. Therefore, the correct option is A. $108,700.
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g if a wage differential is due to any factor other than gender, then it does not violate the equal pay act. true false
The correct answer is True because the wage gap can be defined as the difference in wage rates between two classes of workers and does not violate the Equal Pay Act.
When considering wages, it is important to consider wage inequality. This is the ratio of a company's wages to the average wages earned by all workers in a particular sector. The cost of living in the United States varies from region to region, and so does income by occupation. These pay gaps are most often the result of differences in workers' skills and the effort workers make to perform their jobs, but they can also occur when jobs are unionized.
We conclude that wage inequality in firms is an important explanation for why wages differ among individuals because they can only be partially explained by observable firm characteristics.
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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answer:
A. a bar graph is the answer
What is the term used to describe the fluctuation in demand of a certain product in relation to pricing?
Elasticity is a phrase used to describe how the price affects how much a certain product is in demand.
What is elasticity?In neoclassical economic theory, elasticity is a key idea that aids in understanding a variety of economic concepts, including the incidence of indirect taxation, marginal concepts related to the theory of the firm, wealth distribution, and different types of goods related to the theory of consumer choice. When talking about how welfare is distributed, particularly in terms of consumer, producer, or government surpluses, a grasp of elasticity is crucial.
Elasticity is a key notion in many economic theories, and it may be seen in a number of key indicators. These include the elasticity of demand at different prices, the elasticity of supply at different prices, the elasticity of demand at different income levels, the elasticity of replacement between factors of production, the cross-price elasticity of demand, and the elasticity of substitution across time.
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Which document describes a worker's employment experience, strengths, skills, education, and other qualifications?
A.
Resume
B.
Cover letter
C.
Referral
D.
Reference
Answer:
A. Resume
Explanation:
A resume is a document prepared by a job seeker to itemize their education qualification and work experiences. It is a formal document sent to a potential employer by a job applicant. The resume shows an applicant's qualifications for the position advertised.
A resume is usually sent together with a cover letter.
Answer:
It's A
Explanation: hope it helps ^w^
A person who needs a car for a few weeks while visiting family out of state
would most likely choose to do which of the following?
A. Finance a car
B. Rent a car
C. Lease a car
D. Join a carpool
Answer:
B. Rent a car or A car rental
Explanation:
Got the quiz question correct!
if countercyclical fiscal policy is successful in lowering the rate of inflation from 5% to 3%, what is this called?
If countercyclical fiscal policy is successful in lowering the rate of inflation from 5% to 3% it is called Disinflation.
If countercyclical fiscal policy is successful in lowering the rate of inflation from 5% to 3%, it is called disinflation. Disinflation refers to a decrease in the rate of inflation, where the overall price level is still increasing but at a slower pace. It is different from deflation, which refers to a sustained decrease in the general price level.
Countercyclical fiscal policy is aimed at stabilizing the economy by using government spending and taxation to offset fluctuations in economic activity. In this case, the policy measures implemented have successfully reduced the rate of inflation from 5% to 3%.
While disinflation indicates a positive outcome in terms of reducing inflationary pressures, it does not imply that prices are decreasing or that deflation is occurring. Instead, it signifies a moderation in the rate at which prices are rising, indicating a relative slowdown in inflationary pressures.
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Which sentence best paraphrases the passage?
Immigrants were examined for physical and mental illnesses.
A doctor’s examination was a quick process.
The doctors were from the United States Health Service.
One doctor looked for physical and mental abnormalities.
Answer:
A). Immigrants were examined for physical and mental illnesses
Explanation:
Answer:
a
Explanation:
The additional satisfaction received from consuming an additional unit of a good is called the.
The additional satisfaction received from consuming an additional unit of a good is called Marginal Utility.
Marginal Utility is the benefit or additional satisfaction received by the consumer with each subsequent unit or additional unit of a good or service. Marginal utility is inversely related to the number of units of goods or services he has already consumed. This means that with the consumption of each additional unit add the satisfaction, and hence the marginal utility of the consumer, decreases.
Due to this downward trend, there must come a point where the marginal utility to the consumer becomes zero. This is derived from the concept that the price of foods or services is determined by their utility.
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chose 10 items to take to a deserted island remember you need shelter there is food on the island and you also may need a fire source........yw have fun
Answer:
a big tent. my friends. a hamic. wepons. a boat. my phone. portabal charger. and my parents
Explanation
Answer:
Box of Matches
Tent
Canteen
Knife
Blanket
Pot
Bug Spray
Cloths
Flashlight
Journal w/ pencil
Explanation:
These are neccasary for survival !
Explain five reasons of existence of monopolies
The reasons for the existence of monopolies are Ownership of a key resource, Government law, Ownership of a key resource, Economies of scale, Network results, and Product differentiation.
A monopoly is a marketplace situation where there is simplest one vendor of a terrific or provider and no close substitutes available for purchasers. Monopolies are generally unwanted due to the fact they could price high prices, restrict output, and reduce client surplus and social welfare.
There are one-of-a-kind reasons why monopolies may additionally exist, however, they all contain a few forms of barrier to entry that stops other corporations from competing with the monopolist. Here are 5 possible motives for the existence of monopolies:
Ownership of a key resource: A corporation that has unique manipulation or possession of a key resource this is crucial for the production of an excellent or service can establish a monopoly by way of proscribing get right of entry to that resource. For example, De Beers had a monopoly over the global diamond marketplace for decades as it managed most of the sector’s diamond mines and distribution channels.
Government law: The authorities can create or guard a monopoly by means of granting prison rights or privileges to a single company or a group of firms to provide a terrific service. This may be completed through patents, copyrights, logos, licenses, franchises, subsidies, price lists, quotas, or other rules that restrict the opposition. For instance, many public utilities inclusive of water, power, gasoline, and telecommunications are natural monopolies that can be regulated through the government to save you abuse of marketplace power.
Economies of scale: A firm can attain a monopoly if it may produce at a decreased common fee than its capability competition because of large-scale production. This is also referred to as a natural monopoly as it arises from the inherent characteristics of the industry as opposed to external elements.
A herbal monopoly can experience increasing returns to scale, which means that its average price decreases as its output increases. This makes it difficult for new entrants to compete with the incumbent company because they could incur higher expenses at lower tiers of output. For example, railways, pipelines, and cable networks are regularly herbal monopolies due to the fact they require big constant prices and large infrastructure to operate.
Network results: A company also can come to be a monopoly if it benefits from network consequences, which means that the value of its proper or provider will increase as more people use it. This creates a wonderful comments loop that attracts greater customers and discourages switching to alternative products or services. Network consequences can result from technological compatibility, standardization, interoperability, or social impact.
For instance, Microsoft had a monopoly over the non-public computer running system marketplace for decades because maximum software program packages and hardware gadgets were designed to run on Windows, making it extra handy and well-suited for users.
Product differentiation: A organization can also create a monopoly by presenting a completely unique or advanced product or service that has no close substitutes inside the marketplace. This may be finished via innovation, branding, advertising, consumer loyalty, or satisfaction. A product differentiation monopoly can charge a top-class charge for its products or services and enjoy excessive earnings margins.
However, this sort of monopoly is generally greater at risk of competition than different kinds because new entrants can imitate or surpass its services or products over time. For example, Apple had a monopoly over the telephone market for some time because it supplied a progressive and different product (the iPhone) that appealed to many clients.
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the adjusted trial balance of Cullumber Company for the year ended December 31, 2022, is as follows:
Debit Credit
Cash
$ 6,900 Accounts Receivable
2,800 Notes Receivable
7,100 Inventory
9,500 Equipment
8,300 Allowance for Doubtful Accounts
$ 400
Accumulated Depreciation—Equipment
1,400
Notes Payable
1,400
Accounts Payable
700
Common Stock
16,800
Retained Earnings
11,500
Dividends
1,700 Sales Revenue
15,000
Interest Revenue
100
Cost of Goods Sold
8,000 Salary and Wages Expense
2,000 Rent Expense
900 Bad Debt Expense
70 Service Charge Expense
30 $ 47,300 $ 47,300
Attempts: 2 of 3 used
(a3)
Prepare a classified balance sheet. The notes payable is due on January 10, 2023. (List Current Assets in order of liquidity.)
Current Assets:
Cash $ 6,900
Accounts Receivable 2,800
Notes Receivable 7,100
Inventory 9,500
Total Current Assets $26,300
Cullumber Company
Classified Balance Sheet
December 31, 2022
Current Assets:
Cash $ 6,900
Accounts Receivable 2,800
Notes Receivable 7,100
Inventory 9,500
Total Current Assets $26,300
Property, Plant, and Equipment:
Equipment $ 8,300
Less: Accumulated Depreciation (1,400)
Total Property, Plant, and Equipment $ 6,900
Total Assets $33,200
Current Liabilities:
Notes Payable $ 1,400
Accounts Payable 700
Total Current Liabilities $ 2,100
Stockholders' Equity:
Common Stock $16,800
Retained Earnings 11,500
Total Stockholders' Equity $28,300
Total Liabilities and Equity $33,200
The Notes Payable of $1,400 is classified as a current liability as it is due on January 10, 2023. a classified balance sheet for Cullumber Company for the year ended December 31, 2022. Here is the classified balance sheet, with current assets listed in order of liquidity:
Cullumber Company
Balance Sheet
December 31, 2022
Assets:
Current Assets:
Cash $6,900
Accounts Receivable $2,800
Less: Allowance for Doubtful Accounts ($400)
Net Accounts Receivable $2,400
Notes Receivable $7,100
Inventory $9,500
Total Current Assets $25,900
Property, Plant, and Equipment:
Equipment $8,300
Less: Accumulated Depreciation ($1,400)
Net Equipment $6,900
Total Assets $32,800
Liabilities:
Current Liabilities:
Notes Payable (due Jan 10, 2023) $1,400
Accounts Payable $700
Total Current Liabilities $2,100
Stockholders' Equity:
Common Stock $16,800
Retained Earnings $11,500
Less: Dividends ($1,700)
Net Retained Earnings $9,800
Total Stockholders' Equity $26,600
Total Liabilities and Stockholders' Equity $32,800
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What is considered a drawback of a larger school? BRAINLIEST to the right answer
You may get too involved to do your course work well.
Classes may be very large, which can make it difficult to interact with faculty.
It is more expensive than a small school.
It has too many concentrations to choose from
Answer:
"Classes may be very large, which can make it difficult to interact with faculty."
Explanation:
This question really depends on the school itself and the students, but from a business point of view, the fact that your teachers and administration are very hard to reach makes it so you have to fend for yourself in most cases, and in other cases, students are basically free from any punishment or work because of overcrowding.
Answer:
Classes may be very large, which can make it difficult to interact with faculty.
Explanation:
Saw this some after I took the quiz, I figured this answer just from common knowledge.
Which productivity variable has the greatest potential to increase productivity?A) laborB) globalizationC) managementD) capitalE) none of the above
The productivity variable that has the greatest potential to increase productivity is C. Management.
What is Productivity?Productivity is the capacity of production in a company, the higher productivity is considered as good and appreciated by management, there are multiple ways and factors that can influence the productivity.
The major variable that can impact the productivity is management as the management has the ability to influence the productivity, because it has access to all the key aspects of production. Management has the ability to manage the operations of a company. Management can motivate the employees, provide for better machinery, increase capital as required, these all factors cumulatively and separately can contribute towards the increased productivity.
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"
At a depth of 450 m, a 9-m diameter circular tunnel (Fig. 1) is
driven in rock having a
unit weight of 25 kN/m3 and uniaxial compressive and tensile
strengths of 70. 0 MPa and
2. 8 MPa, respectively. 19
"
The tunnel is driven at a depth of 450 m in rock with a unit weight of 25 kN/m3 and uniaxial compressive and tensile strengths of 70.0 MPa and 2.8 MPa, respectively.
1. The tunnel is circular with a diameter of 9 m.
2. The tunnel is driven at a depth of 450 m.
3. The rock in which the tunnel is driven has a unit weight of 25 kN/m3.
4. The rock has uniaxial compressive strength of 70.0 MPa, which means it can withstand a maximum compressive stress of 70.0 MPa before failing.
5. The rock also has a tensile strength of 2.8 MPa, which means it can withstand a maximum tensile stress of 2.8 MPa before failing.
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Business is a part of economic activity true or false
Answer: true
Explanation:
since business is the fundamental source of our economy.
A company wishes to determine the EOQ for an item that has an annual demand of 2,000 units, a cost per order of $75, and annual carrying cost of $7.50 per unit. What is the total holding cost?
a.200
b.1500
c.750
d.500
The total holding cost is approximately $649.23, which is closest to answer option b, 1500.
The formula for determining the Economic Order Quantity (EOQ) is:
EOQ = sqrt(2DS / H)
Where:
D = annual demand (2,000 units)
S = cost per order ($75)
H = annual carrying cost per unit ($7.50)
Plugging in the values:
EOQ = \(sqrt(2 * 2000 * 75 / 7.5) = sqrt(30000) = 173.2051...\)
So, the optimal order quantity is approximately 173 units.
The total holding cost can be calculated using the formula:
Total Holding Cost \(= H * (EOQ/2) = 7.5 * (173.2051 / 2) = 649.23\)
Therefore, the total holding cost is approximately $649.23, which is closest to answer option b, "1500".
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Dumping refers to the practice of:
(a) flooding a foreign market with large quantities of a good
(b) selling a product abroad at a price below cost or below the domestic price
(c) exporting inexpensive products to foreign countries
(d) selling surplus goods abroad with counterfeit brand names
Dumping refers to the practice of (b) selling a product abroad at a price below cost or below the domestic price.
Dumping involves exporting goods to a foreign market at prices that are either below the production cost or below the prices charged in the domestic market. This can give the exporting country a competitive advantage by undercutting prices in the foreign market. Dumping is considered an unfair trade practice and is subject to regulations and anti-dumping measures imposed by countries to protect their domestic industries.
The purpose of dumping is often to gain market share in the foreign market, drive out competition, or take advantage of subsidies or other favorable conditions in the exporting country. It can have adverse effects on domestic industries in the importing country if they are unable to compete with the artificially low prices.
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What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
what your name answer in 1 minute
Answer:
Adrean :)
Explanation:
eugh
Which of the following statements are true about this natural monopoly? Check all that apply. In order for a monopoly to exist in this case, the government must have intervened and created it. It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. The cable company is experiencing economies of scale. The cable company must own a scarce resource.
The correct statements are true about this natural monopoly:
The cable company is experiencing economies of scale.
The cable company must own a scarce resource.
A Natural Monopoly: What Is It?
A natural monopoly is a sort of monopoly that often develops as a consequence of high startup costs or considerable economies of scale associated with conducting business in a particular industry, both of which can create significant barriers to entry for potential rivals.
A business with a natural monopoly could be the sole supplier of a good or service in a sector or region. Industries that depend on specialized technology, raw materials, or other elements may become natural monopolies.
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