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NEW QUESTION: 1
Under what conditions can a monopolist have potentially lower costs and possibly charge a lower price than would exist if the market were competitive?
A. when substantial economies of scale are present
B. when the monopolist operates on the inelastic portion of the demand curve
C. when the monopolist is a profit maximizer rather than a revenue maximizer
Answer: A
Explanation:
When significant economies of scale are present (usually due to the presence of enormous fixed costs) it is more efficient for one firm to produce the entire industry's output because it can do so at a lower average cost than many small rival firms.

NEW QUESTION: 2
Your portfolio has encountered a big issue and multiple management decisions have been taken in order to re-align the portfolio with the strategic objectives. What is the tool that you use in order to report major risks and issues to stakeholders?
A. Portfolio Reports
B. Portfolio Management Plan
C. Portfolio Risk Register
D. Portfolio Status Reports
Answer: A

NEW QUESTION: 3

A. Privilege bracketing
B. Least privilege
C. Privilege escalation
D. Defense in depth
Answer: B

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