The problem with adopting a fair-return pricing policy for a natural monopoly is that:

The buying and selling of foreign currency is known as:

a) foreign exchange. b) foreign trade. c) the balance of payments. d) the capital account.

In a sole proprietorship

a. only one product can be offered for sale b. only family members can be employed in the business c. the business cannot expand unless it becomes a partnership d. one person owns the business e. stock can be issued to raise money for the business