Which of the Following Can Eliminate the Inefficiency Inherent in Monopoly

question 279

Multiple Choice

Which of the following can eliminate the inefficiency inherent in monopoly pricing?

• A)arbitrage
• B)cost-plus pricing
• C)price discrimination
• D)regulations that force monopolies to reduce their levels of output

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Definitions:

Healthy People 2020

A ten-year national objective for improving the health of all Americans, focusing on increasing quality and years of healthy life and eliminating health disparities.

Life Expectancy

The average number of years an individual is expected to live based on demographic factors like their age, sex, and health.

Health Care Costs

The financial expenses associated with medical services, treatments, and procedures.

Vulnerable Populations

Collection of individuals who are more likely to develop health problems as a result of excess risks, limits in access to health care services, or being dependent on others for care.