Which of the Following Statements About Natural Monopoly Is Correct

question 290

Multiple Choice

Which of the following statements about natural monopoly is correct?

• A) Governments regulate natural monopolies in order to ensure that costs of production are minimized.
• B) Governments regulate natural monopolies in order to ensure that the firm earns a normal profit.
• C) Governments regulate natural monopolies in order to prevent them from making profits.
• D) Governments regulate natural monopolies in order to keep their workers from earning wages that are too high.

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Definitions:

Hox Genes

Hox genes are a group of related genes that control the body plan of an embryo along the head-tail axis by specifying regions of development in early embryonic segments.

Animal Evolution

The gradual development of diverse species of animals over geological time from common ancestors through changes in traits and genetics.

Blastopore

The initial opening that develops during early embryonic development in animals, leading to the formation of the digestive tract.

Deuterostomes

A grouping of animals characterized by their embryonic development; during the formation of the mouth and anus, the anus forms before the mouth.