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NEW QUESTION: 1
Natural monopoly exists when:
A. one firm can supply the entire quantity demanded at lower cost than two or more firms.
B. one firm can supply the entire quantity demanded at the same cost as two or more firms.
C. the long-run average cost curve exhibits constant returns to scale.
Answer: A
Explanation:
Average costs are continually falling for a natural monopolist. Thus, one firm can produce at a lower per unit cost than can two or more firms.
NEW QUESTION: 2
An important step in determining the VOC is:
A. establish viable or comprehensive process feedback loops
B. measure the virtual operating continuum potential
C. none of the above
D. all of the above
E. ascertain the principles that are values of the corporation
F. identify the customer
Answer: F
NEW QUESTION: 3
A. The relationship cannot be determined from the information given.
B. The quantity in Column A is greater;
C. The quantity in Column B is greater;
D. The quantities are equal;
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Any non-zero number raised to the power of zero is 1, and so
NEW QUESTION: 4
Which of the following statements about collision domains and broadcast domains are correct? (Choose three)
A. Devices connected to the same hub form a broadcast domain
B. Devices connected to the same bridge form a collision domain
C. Devices connected to the same hub form a collision domain
D. Devices connected to the same bridge form a broadcast domain
E. Devices connected to the same router form a broadcast domain
Answer: A,C,D