Suppose that you build a high-speed, magnetically powered transportation system from New York to Los Angeles. High fixed costs resulting from the enormous quantity of capital used in this system enable decreasing average cost for any conceivable level of demand. Your monopoly would result from:
Choose one answer.
a. control of a scarce resource or input.
b. increasing returns to scale.
c. government-created barriers.
d. technological superiority.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose that you build a high-speed, magnetically powered transportation system from New York to Los Angeles. High fixed costs resulting ...” 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
The Richards Company purchased a machine for $5,000 down and $300 a month payable at the end of each of the next 36 months. How would the cash price of the machine be calculated, assuming the annual interest rate is given?
Answers (1)
Spirit World , Inc., issued 250 comma 000 shares of no-par common stock for $ 5 per share. The journal entry to record the issuance would be: A.
Answers (1)
The intergrated ownership of pipelines was intially used by some oil companies to gain control of oil-producing area.
Answers (1)
When hamdi ulukaya and his employees worked for 18 months to create the purest cup of greek yogurt possible, his team was creating a new?
Answers (1)
For each of the following transactions for the Sky Blue Corporation, give the accounting equation effects of the adjustments required at the end of the month on October 31.
Answers (2)
New Questions in Business
On July 1, Stan, a steel manufacturer, telephoned Byron and offered to sell Byron six carloads of steel at $600 a ton.
Answers (1)
In the advertising industry, terms such as new advertising, orchestration, and seamless communication were used to describe the concept of Group of answer choices positioning. integration. channel conflict. relationship marketing. diffusion.
Answers (1)
If someone clicks a trueview in-display ad, where do they land?
Answers (1)
Union Local School District has a bond outstanding with a coupon rate of 3.3 percent paid semiannually and 15 years to maturity. The yield to maturity on this bond is 3.8 percent, and the bond has a par value of $10,000.
Answers (2)
Protects the formulas, processes, methods, and information that give a business a competitive edge.
Answers (1)