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nekit
11 days ago
5

Which of the following statements are true about this natural monopoly? Check all that apply. The cable company is experiencing

economies of scale. The cable company is experiencing diseconomies of scale. 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 must own a scarce resource. True or False: Without government regulation, natural monopolies can earn positive profit in the short run. True False
Business
2 answers:
marusya05 [3.4K]11 days ago
6 0
1) The answer corresponds to option "C": It is more cost-effective for one producer to operate within this market compared to having many producers. 2) The statement is evaluated as False. Natural monopolies exist when a single company provides goods or services without the aim of monopolizing the market. Governments do permit these monopolies but also impose regulations to safeguard consumer interests. Generally, natural monopolies are beneficial as they tend to provide products at lower prices compared to a competitive market. If left unchecked, these monopolies could dictate their pricing, leading to market instability as consumers grapple with higher costs or seek alternatives. Under such conditions, it’s improbable that natural monopolies would see positive revenue in the short term.
Mariulka [3.4K]11 days ago
3 0
The responses indicate that it is more cost-efficient for a sole producer to operate in this market versus multiple producers. Additionally, it is indeed correct that natural monopolies can generate positive profits in the short term without government intervention.
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Consulting life (10 points) Mt. Kinley is a strategy consulting firm that divides its consultants into three classes: associates
soldi70 [3439]

Answer:

A. 50

B. 4%

Explanation:

To determine the number of new MBA graduates that Mt. Kinley must recruit annually, we calculate the flow rate of associates by dividing the average number of associates by the flow time for associates.

Requirement A:

Flow rate of associates = Average inventory of associates / Flow time of associates

Flow rate of associates = 200/4

Flow rate of associates = 50

Thus, the company needs to hire 50 new MBAs each year.

Requirement B

The likelihood of an associate advancing to partner is 20% x 20%

This results in a probability of 4% for an associate to become a partner

Therefore, the probability that a new employee at Mt. Kinley will be promoted to partner stands at 4%

Working

The manager flow rate equals the average inventory of managers divided by their flow time

The flow rate of managers = 60/6

The flow rate for managers totals 10 per year

For partners, the flow rate is calculated as the average inventory of partners divided by their flow time

The flow rate of partners = 20/10

This results in 2 partners per year

The probability of an associate becoming a manager is given by 10/50

yielding a probability of 20%

The chances of progressing to partner stands at 2/10

indicating a 20% chance of becoming a partner

3 0
13 days ago
The yoga class meets twice a week.
Mariulka [3472]
Ratios can be expressed as fractions:
1:6 can be written as 1/6
2:11 can be represented as 2/11
We can find an equivalent fraction with a common denominator to compare:
1/6 equals 11/66
2/11 equals 12/66
Since 11 is less than 12, there are fewer men on Tuesday.
Therefore, more women should be present on Tuesday.
6 0
1 month ago
As head of Adita Inc., potential investors are asking questions about the company’s dividend payment history. The investors are
Katen [3220]

The solution is available in an excel document.

Helpful details:

Year 4 = $360,000 - $84,000 = $276,000

Preferred share dividend = Total Preferred dividend for that year / total number of preferred shares.

Download xlsx
5 0
1 month ago
a company that gradually phases out product lines or liquidates its inventory is pursuing a ________ strategy.
Mariulka [3472]

The strategic management process consists of defining a company's mission and vision, its overarching strategy, and crafting its strategic plans and control.

  • A company that gradually eliminates product lines or liquidates inventory is engaging in a defensive strategy.

  • This defensive strategy is also known as a retrenchment strategy, which involves scaling back the organization's efforts.

  • For example, a company might minimize expenses by selling off (liquidate) assets—such as land, buildings, and inventories.

A defensive strategy aids organizations in consistently lowering costs and phasing out product lines or services..

Learn more from

5 0
25 days ago
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, Sotheby’s s
Nady [3258]

Response:

The yearly return on the investment in this sculpture is -4.46%.

Details:

Let PV represent the investment amount, while FV is the value after t periods.

FV = PV(1+r)^t

(1+r)^t = FV/PV

1 + r = (FV/PV)^(1/t)

r = (FV/PV)^(1/t) - 1

Here, t is the duration from 1999 to 2003, so t = 2003 - 1999 = 4 years.

FV is $10,311,500.

PV is $12,377,500.

  r = ($10,311,500/$12,377,500)^(1/4) - 1

  r = -0.0446

Consequently, his yearly rate of return on the sculpture is -4.46%.

6 0
1 month ago
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