Which of the Following Is a Valid Criticism of Unregulated

question 9

Multiple Choice

Which of the following is a valid criticism of unregulated monopoly?

• A) Monopoly limits the options available to consumers.
• B) Relative to a competitive market, a monopolist generally will produce too great an output.
• C) Profit-maximizing monopolists will fail to produce at the lowest possible cost.
• D) A monopoly's output will often be more than if the market were competitive.

---

Definitions:

Sleepwalking

A sleep disorder where individuals walk or perform other complex behaviors while in a state of sleep.

Night Terrors

Intense episodes of fear that occur during sleep, usually in children, causing panic and loud screaming without full awakening.

Narcolepsy

A chronic sleep disorder characterized by overwhelming daytime drowsiness and sudden attacks of sleep.

Somnambulism

Also known as sleepwalking, it is a disorder that occurs during deep sleep, resulting in walking or performing other complex behaviors while asleep.