A Natural Monopoly Is Most Likely to Result If a Single

question 125

Multiple Choice

A natural monopoly is most likely to result if a single firm:

• A) is the only seller in a community.
• B) is investor-owned, but is granted the exclusive right by the government to operate in a market.
• C) experiences economies of scale over a wide range of output.
• D) has gained control over a strategic input of an important production process.

---

Definitions:

Fractured Clavicle

A break in the collarbone, which is a common injury resulting from falls or direct impact to the shoulder area.

Moro Reflex

An automatic response in infants when they feel as if they are falling, involving spreading out the arms, unspreading them, and crying.

Allis Test

A clinical test used to check for hip dislocation or dysplasia, typically performed on infants by comparing the levels of the knees when bent.

Ortolani Sign

A clinical sign used to detect hip dislocation or dysplasia in infants, involving a specific maneuver.