If you sold a short futures contract you will hope that bond prices

What is a major characteristic of a natural monopoly?

A. The firm is a single seller of a resource B. Its sets price equal to marginal revenue C. There is extensive product advertising D. There is a large range for economies of scale

The small city of Pleasantville is considering building a public swimming pool that costs $1,000. Each resident's marginal benefit of the swimming pool is shown below. It takes a 4/5 majority to pass any tax measure, and all residents must vote.VoterMarginal BenefitKyle$420Dylan$360Fran$350Ronnie$190Sam$170 Building the swimming pool would ________ total economic surplus because ________.

A. decrease; taxes would have to be collected to build the pool B. increase; the cost of building the pool can be passed to users from other towns C. increase; the total social benefit of the pool is greater than the total cost of the pool D. decrease; the total cost of the pool is greater than the total social benefit of the pool