Which of the Following Is True of the Installation of a Network

question 150

Multiple Choice

Which of the following is true of the installation of a network like the one shown in the accompanying figure?

• A) It must span a smaller distance than a bus network, and it is more difficult.
• B) It must span a smaller distance than a bus network, but it is easier.
• C) It can span a larger distance than a bus network, but it is more difficult.
• D) It can span a larger distance than a bus network, and it is easier.

---

Definitions:

Natural Monopoly

A market condition where a single firm can supply the entire market at a lower cost than any combination of two or more firms due to economies of scale.

Social Regulation

Government-imposed regulations aimed at improving health, safety, and the welfare of the public, covering issues like pollution and workplace safety.

Antitrust Policy

Regulations and laws designed to promote competition and prevent monopolies, protecting consumers from predatory business practices.

Laissez-Faire Perspective

An economic philosophy of minimal government interference in the affairs of businesses and markets.