A natural monopoly refers to a monopoly that is defended from direct competition by.
a. economies of scale over a broad range of output
b. a government franchise
c. control over a vital input
d. a patent or copyright

Answers

Answer 1

Answer:

a. economies of scale over a broad range of output

Explanation:

Monopoly is a market condition in which there are no competitors and a particular company produces only that type of product and services. This is common in sectors which are very expensive to handle by the government.

However natural monopoly refers to a monopoly that is defended from direct competition by economies of scale over a broad range of output. It usually has the strong backing of the government.


Related Questions

Professor Kwan studies violence and designs a study of the effects of video game violence on children. She recruits low-income, Hispanic children from schools near the university to participate. Each child is assigned to play either a violent or nonviolent video game 2 hours each evening for a month. The children’s teachers are asked to assess changes in behavior. Which of the Belmont Report principles is violated by the choice of participants?

Answers

Answer:

The principle violated by the choice of participants is: justice.

Explanation:

The Belmont Report has three core principles concerning ethical guidelines for researches that have human subjects. They are: respect for persons, beneficence, and justice.

The principle of justice is usually violated when it comes to the choice of participants. According to this principle, the burdens and benefits of the research should be distributed. That means it is unfair for a certain group to bear the cost of the research for another group to benefit from it. Notice that, in professor Kwan's research, the group of participants consists of Hispanic children from low-income families. While this group carries the burden of being subjected to tests and studies, other groups from wealthier families and different ethnicity may very well benefit from the results. That violates the principle of justice.

Cruise Budget Constraint 6 5 0,5 2,4 4, 3 6, 2 2 8,1 1 10,0 10 12 8 4 6 #pairs of shoes # dresses Based on the graph of Maren’s budget constraint for dresses and shoes, what accurately describes the slope of her budget constraint? It is negative because dresses are more expensive than shoes It is positive because Maren still has plenty of money and is able to afford both dresses and shoes. If the government set a price ceiling of $40, there would be:

Answers

Answer:

It is negative because dresses are more expensive than shoes.

If government set a price ceiling of $40, there would be:

There is a surplus (or excess demand) of about 8 units.

Explanation:

The Cruise Budget Constraints are for shoes and dresses. The budget constraint is quantity of goods that a consumer can purchase at a given price. Maren's graph elaborates budget constraints for shoes and dresses. The budget constraint for Maren is negative because dresses are more expensive than shoes. Maren can buy more shoes and lesser dresses keeping in mind his budget constraints.

If the government sets a price ceiling of $40 then there will a surplus of demand of about 8 units. The graph shows that at the price of $40 the supply will be 16 units and demand will be 24 units. There will be shortage of supply or excess of demand of about 8 units.

Answer:

435

Explanation:

i took the test and got a 100% lol

what is peace building ​

Answers

Answer:

Peacebuilding is a process that facilitates the establishment of durable peace and tries to prevent the recurrence of violence by addressing root causes and effects of conflict through reconciliation, institution building, and political as well as economic transformation.

Explanation:

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