The Theory of Regulation Developed to Deal with "Natural Monopolies

question 203

Multiple Choice

The theory of regulation developed to deal with "natural monopolies" is called

• A) legal cartel theory.
• B) public interest theory.
• C) potential competition theory.
• D) social regulation theory.

---

Definitions:

Polyp Colony

An aggregation of many individual, yet genetically identical, polyps that are connected, forming organisms such as corals.

Collar Cells

Specialized cells found in sponges (Porifera) that have a collar-like structure and are involved in water filtration and nutrient capture.

Microvilli

Tiny hair-like projections on the surface of some cells that increase the cell's surface area for absorption or secretion.

Phagocytize

The process by which certain living cells called phagocytes ingest or engulf other cells or particles.