For which of the following goods is the marginal benefit of search likely to be greatest?

a. a toaster
b. an apple
c. a radio
d. a tube of toothpaste
e. a color TV

E

Economics

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A natural monopoly

A) faces more competition after regulation. B) might exaggerate its costs if it is regulated using rate of return regulation. C) might falsely minimize its costs if it is regulated using rate of return regulation. D) might falsely minimize its costs if it is regulated using a marginal cost pricing rule. E) is allowed to maximize its profit under a marginal cost pricing rule.

Economics

Internal improvements are important to a developing and growing economy

Indicate whether the statement is true or false

Economics