Which of the Following Statements Is Correct

question 175

Multiple Choice

Which of the following statements is correct?

• A)Public ownership is preferred to regulation in order to minimize the deadweight losses associated with natural monopolies.
• B)Antitrust laws are always the best way to limit monopoly power.
• C)It is possible that the best approach to monopolies is for the government to do nothing.
• D)Marginal-cost pricing requires a natural monopoly to earn zero economic profits.

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Definitions:

Acid-Catalyzed

A type of chemical reaction that is sped up in the presence of an acid, which acts as a catalyst.

α-Bromination

The addition of a bromine atom to the alpha position of a carbonyl compound in organic chemistry, often used in synthesis reactions.

Nucleophile

An atom or molecule that donates an electron pair to an electrophile to form a chemical bond in reaction mechanisms.

Major Organic Product

The primary organic compound produced in the highest quantity in a chemical reaction.