One Argument for Having the Government Regulate Natural Monopolies Is

question 233

Multiple Choice

One argument for having the government regulate natural monopolies is that without regulation,

• A)these monopolies usually produce things that are potentially harmful to our health.
• B)these monopolies produce at a level where marginal benefit is greater than marginal cost.
• C)these monopolies produce at a level where marginal benefit is less than marginal cost.
• D)the industry would become competitive and there would be too many firms in the market to achieve efficiency.

---

Definitions:

Unruffled

Remaining calm and not easily disturbed or agitated.

Thinking of Killing

Thinking of killing refers to having thoughts or fantasies about causing another being's death, which can be a symptom of serious psychological distress or disorder.

Parents Divorced

Describes a situation where one's legal guardians have legally ended their marriage.

Closed Questions

Questions that limit the respondent's answer to a single word or a short phrase, such as "yes" or "no".