Which of the Following Statements Is False

question 23

Multiple Choice

Which of the following statements is false?

• A)Average-cost pricing usually refers to setting a price for a natural monopoly firm that is equal to its ATC, thus guaranteeing the firm a normal profit.
• B)An economist thinks that there are both benefits and costs to most (if not all) types of regulation.
• C)The public choice theory of regulation holds that regulators are seeking to do, and will do through regulation, what is in the best interest of the society at large.
• D)One of the unintended effects of profit regulation (in the form of guaranteeing the natural monopoly firm that it will always earn normal profit-nothing more and nothing less) is that the natural monopoly has no incentive to keep its costs down.

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Definitions:

Sexual Violence

Any sexual act, attempt to obtain a sexual act, unwanted sexual comments or advances, or acts to traffic someone’s sexuality, using coercion.

Women's Movement

A social movement aimed at achieving gender equality and addressing issues facing women, including rights, freedoms, and opportunities.

Nonsexist Socialization

The process of raising children with an emphasis on equality and without reinforcing traditional gender roles or stereotypes.

Liberal Feminism

A perspective within feminism that emphasizes legal and political reforms to achieve gender equality, focusing on the ability of individuals to show and act upon their own competence.