Natural Monopolies Are Both

question 231

Multiple Choice

Natural monopolies are both

• A)excludable and nonrival in consumption.
• B)nonexcludable and rival in consumption.
• C)excludable and rival in consumption.
• D)nonexcludable and nonrival in consumption.

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Definitions:

Needs

Fundamental psychological or physiological requirements for the well-being and survival of an individual.

Fulfilled

A state of having achieved or realized one's desires, expectations, or needs.

Theories

General principles or explanations proposed to understand, predict, or control specific phenomena within various fields of study.

Rogerian Therapist

A therapist who practices Carl Rogers' person-centered therapy, focusing on creating a supportive environment that fosters genuine communication and facilitates personal growth.