Which of the following is not one of the three basic situations in which regulation is imposed?

A. price fixing
B. natural monopoly
C. externalities
D. imperfect information

Answer: A

Economics

You might also like to view...

Discrimination ________ the group being discriminated against and ________ the group being favored

A) decreases the demand for; increases the demand for B) increases the demand for; decreases the demand for C) decreases the supply of; increases the supply of D) increases the supply of; decreases the supply of

Economics

Buyer Power Nora's Nicest Knick Knacks has sold a variety of products to hundreds of small retailers. Over time, she has added distributers who have a talent for finding more retailers for Nora. Now, over half of her sales go through just two of these

distributers. Rather than making periodic orders as stock gets low, these distributers make only a few large purchases each year. How can these aspects of her buyer relationships affect how much of the value she creates that she gets to capture?

Economics