If There Is a Sole Producer of a Good,and He

question 77

Multiple Choice

If there is a sole producer of a good,and he faces no threat of competition,it is likely that:

• A) government intervention will have no impact on the market.
• B) government intervention will raise prices to consumers.
• C) government intervention will increase total surplus.
• D) government intervention will make things better for buyers and sellers.

---

Definitions:

Sensory Neurons

Neurons responsible for converting external stimuli from the organism's environment into internal electrical impulses.

Motor Neurons

Motor neurons are nerve cells that transmit signals from the central nervous system to muscles or glands, causing them to contract or secrete.

Myasthenia Gravis

A chronic autoimmune neuromuscular disease that causes weakness in the skeletal muscles responsible for breathing and moving parts of the body.

Immunosuppressive Drugs

Medications used to inhibit or suppress the activity of the immune system, often used in organ transplantation and autoimmune diseases.