-Most Natural Monopolies Are Regulated at Some Level by a Government

question 48

Multiple Choice

-Most natural monopolies are regulated at some level by a government because:

• A)an unregulated natural monopolist would cause the problem of capital outflow.
• B)an unregulated natural monopolist would produce only for government bureaucrats.
• C)an unregulated natural monopolist would charge an inefficiently low price in the market.
• D)an unregulated natural monopolist would charge an inefficiently high price in the market.
• E)an unregulated natural monopolist would incur losses.

---

Definitions:

Drowsiness

A state of feeling abnormally sleepy or tired, which can interfere with functioning and alertness.

Randomized Clinical Trials

Studies in which participants are randomly assigned to a treatment or control group to evaluate the effectiveness of medical interventions.

Psychological Treatment

Therapeutic interventions designed to address mental health issues through dialogue, behavior modification, and other methodologies without the use of medication.

Testimonials

Statements or endorsements, often given by satisfied customers or clients, used as a tool of persuasion in marketing or to attest the quality of a product or service.