If the Government Attempts to Break Up a Natural Monopoly

question 38

Multiple Choice

If the government attempts to break up a natural monopoly to enforce competition in an industry

• A)the average cost of producing the good will increase.
• B)the smallest firm will have a significant cost advantage over the larger,less efficient firms.
• C)the average cost of producing the good will decrease.
• D)the price paid by consumers will be expected to remain the same.

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Definitions:

Main Idea

The central or most important point that a writer or speaker aims to communicate in a text or speech.

Overall Subject

The main or general topic of discussion, study, or interest in any given context.

Business Communication Efforts

The attempts by a business to share information, expectations, and objectives with its stakeholders.

Written Medium

A form of communication that involves the expression of thoughts, ideas, or information through the written word.