The Economic Efficiency of a Natural Monopoly Can Be Improved

question 79

Multiple Choice

The economic efficiency of a natural monopoly can be improved with the use of two- part tariffs because it allows the monopoly to

• A) charge users according to their willingness to pay.
• B) lower its total costs.
• C) charge residential users different rates than business users.
• D) charge users according to their ability to pay.
• E) charge users separately for fixed and variable costs.

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Definitions:

Eclectic or Multimodal Therapy

A therapeutic approach that combines techniques from various therapeutic modalities to tailor treatment to a client's individual needs.

Psychodynamic Therapies

A group of therapies that focus on unconscious processes as they are manifested in an individual's present behavior, aiming at self-awareness and understanding of the influence of the past on present behavior.

Behavior Therapy

A type of psychotherapy that focuses on changing unhealthy behaviors through conditioning and other learning principles.

Phobia

An anxiety disorder characterized by an intense and, at least on the surface, irrational fear.