Business

Corinne Dunlap

2 April, 11:46

When an industry is a natural monopoly:

a. it is characterized by constant returns to scale

b. it is characterized by diseconomies of scale

c. a larger number of firms may lead to a lower average cost

d. a larger number of firms will lead to a higher average cost

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “When an industry is a natural monopoly: a. it is characterized by constant returns to scale b. it is characterized by diseconomies of scale ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

Electricity use in a small town is high as people get ready to leave for work and after they arrive home at the end of the day. During the middle of the day, household use of this utility is very low.

A farmer buys seed for 20 cents that is used to grow wheat. The farmer sells the wheat to the miller for 35 cents, and the miller makes flour, which is then sold to the baker for 55 cents.

Which of the following is not a government requirement when starting a sole proprietorship?

Monique is the operations manager of a chain of hair salons in upscale urban neighborhoods. Customers in these neighborhoods expect high quality services and products, and Monique is struggling to use the salon's resources efficiently and

Becky owns a pet shop and wants to change the logo. this is an example of what?

New Questions in Business

Pirate Corporation acquired 85 percent of Ship Company's voting shares of stock in 20X7. During 20X8, Pirate purchased 50,000 circuit boards for $15 each and sold 28,000 of them to Ship for $20 each.

The term of an invoice of $2800 were 2/10, 1/30, n/60. The buyer sent a part payment of $980 within 10 days and the balance due 15 days later. How much cash discount could be taken?

Baxter company produces children's wiffle ball sets using a three-step sequential process that includes molding, coloring, and finishing. when the sets are completely finished, out of which account should the cost be transferred?

Who is responsible for first mass producing cars on the assembly line in world war 1?

What would you call a object that makes people shut up