If a Natural Monopoly Is Forced to Break Up into Many

question 59

Multiple Choice

If a natural monopoly is forced to break up into many smaller competitive firms,prices will most likely

• A) fall dramatically.
• B) fall somewhat.
• C) stay about the same.
• D) rise.
• E) there is not enough information available to answer this question.

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Definitions:

pH

A scale used to specify the acidity or alkalinity of an aqueous solution, with values ranging from 0 (very acidic) to 14 (very basic).

Capillary Action

Capillary action is the ability of a liquid to flow through narrow spaces without the assistance of, or even in opposition to, external forces like gravity, observed in phenomena such as water moving up a plant stem.

Adhesion

Adhesion refers to the process by which cells or substances stick to each other or to surfaces, playing a crucial role in many biological functions and processes.

Cohesion

The phenomenon where similar molecules are drawn to each other, resulting in them sticking together due to their mutual attraction.