A Consequence of a Publicly Owned Natural Monopoly Is

question 7

Multiple Choice

A consequence of a publicly owned natural monopoly is:

• A) the loss of the profit motive.
• B) an increase in the motivation to improve efficiency.
• C) increased public pressure to reduce costs.
• D) reduced chance to remain open longer than political terms of office.

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Definitions:

Helpless

A state of being unable to take action or exert control over one's situation, often resulting in feelings of powerlessness.

Mood-stabilizing Drug

A type of medication used to treat mood disorders by stabilizing emotional highs and lows.

Lithium

A chemical element used in the treatment of bipolar disorder to stabilize mood and reduce the risk of suicide.

Psychosurgery

Surgical operations on the brain intended to relieve severe mental disorders or alter behavior and mood.