Average cost pricing is found

If productivity growth accelerates, but workers do not realize it ________

A) they will expect large wage hikes B) they will not expect large wage hikes C) the natural rate of unemployment will rise D) the number of discouraged workers will rise

Natural monopolies are mostly regulated industries because otherwise too many firms would enter the market and price would be driven too low for any firm to offer goods for a profit.

Answer the following statement true (T) or false (F)