A natural monopoly exists in a situation in which
a. competition decreases a good’s price
b. it is impossible to exclude someone from consumption of a good
c. competition in the provision of a good or service would raise costs and reduce efficiency
d. one supplier controls the entire supply of a good or service
c. competition in the provision of a good or service would raise costs and reduce efficiency
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Critics of globalization argued that it caused a "race to the
bottom." By this they meant that multinational corporations forced countries to compete for their investments by: a. raising the minimum wage. b. strengthening environmental and workplace regulations. c. lowering corporate and individual taxes. d. imposing authoritarian measures on the public.
While the Basic Law sought to control some of the “overly democratic” structures, it did not intend to restrict individual freedoms
Indicate whether this statement is true or false.