In a Natural Monopoly

question 6

Multiple Choice

In a natural monopoly,

• A)society would be better off if antitrust laws were used to create many different firms in the market.
• B)the marginal cost curve is positively sloped.
• C)if the government requires marginal cost pricing, it will likely have to subsidize the firm.
• D)the marginal revenue curve is horizontal.

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Definitions:

Stream Of Electrons

A continuous flow of electrons, often used in the context of electron beams in cathode ray tubes or other electronic devices.

Collision

The event of two or more objects striking each other, which is often studied in physics to understand energy transfer and kinetics.

Oblique Position

A body position where the individual is lying on their side with the body angled so that the front is neither completely facing upwards nor directly to the side.

X-Ray Beam

A stream of x-ray photons used in radiography and medical imaging to produce images of the internal structure of the body.