Cleftell Inc., a coal mining company in the United States, is the only supplier of coal in its area. The company is backed by the government as it offers its supplies at a discounted rate. Government backing makes it easier for the company to deal with legislation, thereby increasing its overall efficiency and productivity. Which of the following market structures is exemplified in the scenario?
a. Monopsony
b. Pure competition
c. Oligopoly
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Cleftell Inc., a coal mining company in the United States, is the only supplier of coal in its area. The company is backed by the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A company in Mexico recently agreed to trade coal to an American importer in return for American-made cars. This arrangement is an example of Group of answer choices a nontariff trade. arbitrage. barter. a letter of credit arrangement.
Answers (1)
Which is the best question to ask when deciding whether to lease or buy a car? How much will I use the car? How long do I want the car? How much do I want to spend? How much do I like the car's options?
Answers (1)
Phoenix water is provided to approximately 1.43 million people, who are served through more than 362000 accounts. All accounts are metered and billed monthly. The probability that an account has an error in a month is 0.
Answers (1)
Henrietta Morales is a salaried employee earning $76,800 per year. Required: What is Henrietta's period pay for each of the following pay frequencies? (Round your answers to 2 decimal places.)
Answers (1)
In 2016, Whiteside Catering purchased 60,000 shares of Roush Organic Foods' common stock for $945,000. On December 31, 2016, the fair value of the Roush shares was $900,000.
Answers (1)
New Questions in Business
Replace present refrigerators with similar refrigerators at a cost of $20 x 106. Option 2. Replace present refrigerators with lake-source cooling at a cost of $50 x 106. However, the lake-source cooling would save 1.
Answers (1)
For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales;
Answers (1)
Steven is going to purchase two stocks to form the initial holdings in his portfolio. Iron stock has an expected return of 25 percent, while Copper stock has an expected return of 19 percent.
Answers (1)
Continuous quality improvement depends heavily upon: Select one: a. hard work b. monitoring special causes of variance c. use of checklists d. employment of the PDCA cycle
Answers (1)
The difficulty in cost-benefit analysis is that the benefits are usually evident and easily measurable, while the costs are not always evident or measurable. A) True B) False
Answers (1)