In the Majority of Cases Where There Is a Natural

question 387

Multiple Choice

In the majority of cases where there is a natural monopoly in the United States, the government usually deals with the problem

• A)by splitting the natural monopoly into smaller companies.
• B)through regulation.
• C)by turning the natural monopoly into a public enterprise.
• D)by doing nothing.

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Definitions:

Hardship Case

An instance or situation in which an individual or group faces significant adversity or difficulty, often used in legal, financial, or medical contexts to denote special circumstances that require consideration.

Medicaid

A federally funded health cost–assistance program for low-income, blind, and disabled patients; families receiving aid to dependent children; foster children; and children with birth defects.

County Assistance

Programs and services provided by a county government to support its residents, especially in health, financial, or emergency situations.

Finance Charges

Costs associated with borrowing money, including interest and other fees.