<span>how much of their company's merchandise is being sold, how much of it has been damaged, how much has gone out of style or is out of season. Once the inventory is taken, Pristine products should be able to project how much product needs to be manufactured and sold going forward so that they do not work at a loss of profits.</span>
Answer: the correct answer is B. (i) and (iii) only
Explanation:
A natural monopoly is a monopoly in an industry in which huge infrastructural costs and other fences to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.
(i) multiple firms would likely each have to pay large fixed costs to develop their own network of pipes. This is true but often times it is just one big company the one that serves the whole market or a partnership of two or (rarely) three companies that works as a big company.
(iii) a single firm can serve the market at the lowest possible average total cost. This is true because a natural monopoly has scale economies that's why it can offer the lowest possible average total costs.
Given that <span>Charles
loves watching downton abbey on his local public tv station, but he
never sends any money to support the station during its fundraising
drives.
Economists would call charles a free rider.
The
government can solve the problem caused by people like Charles by </span><span><span>privatize channels so viewers have to pay to view them.
</span>
The private market
can solve this problem by broadcasting downton abbey on cable tv, since
then the good would be excludable and thus no longer a public good.</span>
Answer:
B. To increase conversion rate of your website traffic, A/B testing can be beneficial
Explanation:
A/B testing is also called split testing or bucket testing, it is a technique that involves determining which version of a Web page or an application works better by comparing two versions. A/B testing is one of the ways through which one can optimize a website funnel, it is also a way of gathering information about qualitative and quantitative user on a website.
A/B testing helps to make minor changes to a webpage, achieve significant improvement.
