Which of the following statements are true about this natural monopoly? check all that apply. it is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. the cable company is experiencing diseconomies of scale. the cable company must own a scarce resource. in order for a monopoly to exist in this case, the government must have intervened and created it. true or false: without government regulation, natural monopolies always earn zero profit in the long run. true false

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.