The two alternative ways of promoting better outcomes when a natural monopoly exists are:
A. Subsidy and taxation
B. Public ownership and regulation
C. Pricing and incorporation
D. Breaking and merging
B. Public ownership and regulation
Economics
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In the United States, the main source of fluctuations in the current account balance is
A) exports of capital. B) net transfers. C) international debt. D) net exports. E) net interest.
Economics
Assume an industry initially in equilibrium has a price ceiling imposed at a price below the equilibrium price. Total revenue received by the producers from sales will: a. rise as a result
b. rise as a result only if supply is inelastic. c. rise as a result only if demand is inelastic. d. fall as a result.
Economics