An increase in the wage rate will cause the labor supply curve to shift to the right

Governments may intervene in private markets through

A) rationing by political power. B) price floors. C) price ceilings. D) all of the above.

In the above figure, if this natural monopolist were forced to use marginal cost pricing, it would sell the product at the price

A) A. B) C. C) E. D) F.