A Natural Monopoly Is Based on

question 61

Multiple Choice

A natural monopoly is based on

• A)diseconomies of scale
• B)diseconomies of scope
• C)external diseconomies
• D)economic freedom
• E)economies of scale

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Definitions:

Department of Justice

is a federal executive department of the U.S. government responsible for the enforcement of law and administration of justice, overseen by the Attorney General.

Bureau of Statistics

A generalized term for government agencies responsible for collecting, analyzing, and publishing statistical data on various aspects of a country or regions’ economy, population, and society.

Force Used

Refers to the exertion of physical power or coercion by law enforcement or security personnel to achieve a specific outcome.

Passive Resistance

A method of non-violent protest against laws or policies, characterized by refusal to cooperate with authorities.