If a firm is a natural monopoly, society will benefit if it is broken into several small companies

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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General equilibrium analysis

A. concerns competitive equilibrium only in the factor markets. B. concerns competitive equilibrium only in the product markets. C. concerns competitive equilibrium in a single market, considered in isolation. D. is the study of competitive equilibrium in many markets at the same time.

Economics

Relative to the first quarter of 2000, housing prices ________ in Ireland between 2000 and 2009.

A. doubled B. decreased by 100 percent C. increased by 150 percent D. tripled

Economics