Who Is a Natural Monopolist

question 53

Multiple Choice

Who is a natural monopolist?

• A)A single producer in a market,usually with monopoly rights over input resources,who is able to produce at a higher cost than competing firms could.
• B)A single producer in a market,usually provided with a government licence,who is able to charge a price higher than competing firms could.
• C)A single producer in a market,usually benefiting from government subsidies,who is able to produce at a higher cost than competing firms could.
• D)A single producer in a market,usually with large economies of scale,who is able to produce at a lower cost than competing firms could.

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Definitions:

Valium

A medication, generic name diazepam, used to treat anxiety, alcohol withdrawal, and seizures.

Zoloft

A prescription medication classified as a selective serotonin reuptake inhibitor (SSRI), used to treat depression, anxiety, and other mental health conditions.

Drowsy

Feeling sleepy and lethargic, often leading to a decreased level of consciousness and readiness to fall asleep.

Nauseated

Experiencing a sensation of unease and discomfort in the stomach with an urge to vomit.