-Refer to the Above Figure $\mathrm { P } _ { 5 }$

question 160

Multiple Choice

-Refer to the above figure.If the government requires the natural monopolist to charge the efficient price,it will charge price

• A) \(\mathrm { P } _ { 5 }\) and sell \(\mathrm { Q } _ { 1 }\) units.
• B) \(P _ { 2 }\) and sell \(\mathrm { Q } _ { 1 }\) units.
• C) \(\mathrm { P } _ { 3 }\) and sell \(\mathrm { Q } _ { 3 }\) units.
• D) \(P _ { 1 }\) and sell \(\mathrm { Q } _ { 4 }\) units.

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Definitions:

Organizational Design

The process of structuring an organization's roles, responsibilities, and systems to achieve its goals efficiently and effectively.

Particular Organizational Design

A unique configuration of an organization's structures, processes, and systems designed to achieve its goals and address specific challenges.

Professional Bureaucracy

An organizational structure that relies heavily on the expertise and professionalism of its members rather than on strict hierarchies or rules.

Horizontal Specialization

A division of labor where tasks are divided among employees at the same level within an organization, based on skills or expertise.