Which of the Following Is True of a Natural Monopoly

question 75

Multiple Choice

Which of the following is true of a natural monopoly that is regulated by the average-cost pricing strategy?

• A)The natural monopoly will earn positive economic profit.
• B)The natural monopoly will produce less output than an unregulated monopoly.
• C)The equilibrium price of the natural monopoly is now the same as the competitive price.
• D)A part of the deadweight loss from an unregulated monopoly is eliminated.

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Definitions:

Negative Feelings

Emotional states characterized by distress, discontent, or displeasure, which can affect an individual's mood and behavior.

Conditions Of Worth

In person-centered therapy, these are conditions we think we must meet for other people to accept us, which can lead to distorting our self-concept.

Internalizing

The process of incorporating the norms, values, or behaviors of others into one's own self.

Positive Self-Regard

The personal acceptance and appreciation of oneself, including the ability to maintain a positive self-view.