If the OpenTable Website Was a Natural Monopoly,its

question 43

Multiple Choice

If the OpenTable Website was a natural monopoly,its

• A)marginal cost curve would still be declining when it crossed the demand curve.
• B)average total cost curve would still be declining when it crossed the demand curve.
• C)marginal revenue curve wold be the same as its demand curve.
• D)marginal revenue curve would be horizontal.

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Definitions:

Cross-Functional Teams

Groups comprised of members from different departments or areas of expertise working together towards a common goal.

Divisional Focus

A strategic organizational approach that emphasizes the autonomy and specialization of divisions within a larger corporation.

Hybrid Structure

An organizational framework that combines elements of both functional and divisional structures, allowing for flexibility and more focused specialization.

Matrix Structure

A hybrid organizational structure that merges at least two different structural types, often integrating functional and product-oriented frameworks.